Indian Banking News

UCO Bank has recovered about 90% of the Rs 820 crore which was erroneously transferred to several of..

Recoveries by asset reconstruction companies (ARCs) across retail loans such as housing and MSME hav..

A post-Covid recovery has powered Bank of Baroda’s Kerala zone to put up a strong performance in the..

The Finance Ministry has asked state-owned banks to shore up their low recovery rate from written of..

The Reserve Bank of India (RBI) has fined private lender RBL Bank Ltd Rs 2.27 crore for not complyin..

Punjab National Bank (PNB) has shut its Hong Kong branch, is on track to recover Rs 32,000 crore fro..

Mahindra & Mahindra Financial Services (MMFS) expects repossession activity of vehicles to reduc..

The Reserve Bank of India (RBI) today directed Mahindra & Mahindra Financial Services to immedia..

Loan recovery agents, hired by regulated entities including banks, NBFCs and ARCs, cannot intimidate..

Bank of Baroda is expecting a sharp improvement in its asset quality as it targets recovery of Rs 13..

Punjab National Bank (PNB) is looking to recover Rs 32,000 crore worth of bad loans and reduce its n..

The Reserve Bank of India (RBI) will take strict action against regulated entities who resort to str..

Union Finance Minister Nirmala Sitharaman on Tuesday proposed amendments to the Insolvency and Bankr..

Union Bank of India has upped its recovery target for the current fiscal to Rs 16,000 crore after se..

Aided by a Rs 340-crore recovery from its written off accounts, state-owned Bank of Maharashtra has ..