• Tag results for bank

Government may launch exchange traded fund of PSU bank stocks in next fiscal

The finance ministry is studying the price movement of the probable stocks which could form part of the index.

published on : 19th February 2019

India needs fewer and megabanks: Arun Jaitley

The Finance Minister said that the economies of scale as far as the banking sector is concerned are of great help whether from borrowing rates to optimum utilization.

published on : 18th February 2019

Jio can’t be allowed to finish off competitors

Following Anil Ambani's RCom filing for bankruptcy, the telecom sector proves its deep crisis and the disruption has almost entirely to do with the predatory pricing and tactics of Reliance Jio.

published on : 17th February 2019

Yes Bank gets a terse letter from RBI for divulging ‘Nil Divergence’ report

According to the central bank, Yes Bank has apparently made a 'confidential' Risk Assessment Report public and also misreported its gross NPAs.

published on : 16th February 2019

Lenders told to do forensic audit of DHFL books

However, the official clarified that this is only the general procedure followed when such allegations come up.

published on : 16th February 2019

LoU fraud: CBI opposes plea seeking to make Punjab National Bank accused

The CBI refuted the argument in a reply filed before special judge JC Jagdale here earlier this week.

published on : 15th February 2019

Yes Bank stock gets re-rated, surges 31 per cent

Yes Bank shares surged 31 per cent on Thursday to close at Rs 221, up Rs 52, a phenomenal single day gain following “nil divergence” observation from the Reserve Bank of India.

published on : 15th February 2019

RBI finds no divergence in provisioning, asset classification: Yes Bank

The Reserve Bank of India (RBI) assesses compliance by banks with extant prudential norms on income recognition, asset classification and provisioning (IRACP) as part of its supervisory processes.

published on : 14th February 2019

Axis Bank offer for sale oversubscribed with institutional bids

On day two, when the retail portion was on offer, with 77.09 lakh shares on sale, the issue was subscribed 3.86 times though retail bids were only 0.32 times of the issue size.

published on : 14th February 2019

Locked House Monitoring System App helps avert bank robbery

The attempt to rob the bank was made at the State Bank of India Bangarupalem branch. According to police, at least three persons were involved in the attempt.

published on : 14th February 2019

RBI slaps penalties on seven banks for violation of banking norms

Allahabad Bank, Bank of Maharashtra and Indian Overseas Bank have been fined Rs 1.5 crore each, Rs 1 crore fine has been put on Andhra Bank and HDFC, IDBI and Kotak Mahindra fined Rs 20 lakhs each.

published on : 13th February 2019

MSME Minister Giriraj Singh urges banks to provide credit to small entrepreneurs

While Singh praised the banking sectors concern about the Non-Performing Assets and bad debts, he highlighted that recoveries have been more than 99 percent on need based financing.

published on : 13th February 2019

IDFC First Bank lays out plan to grab big slice of retail business

Retail business is going to be the richest prizefight among banks in the coming quarters and newly merged IDFC First Bank has chalked out a mid-term plan to claim a sizeable chunk of that segment. 

published on : 13th February 2019

SBI told to pay loan consumer Rs 3.71 lakh for bad service

State Bank of India (SBI) had to compensate damages for deficiency in service in the payment of insurance premium of a vehicle.

published on : 13th February 2019

Kerala bankers told not to attach properties in flood-hit areas

The Cabinet meeting on Tuesday asked bankers to not attach properties in the flood hit areas of the state.

published on : 13th February 2019
1 2 3 4 5 6 >