Banks
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Global financial crisis: FM reviews health of PSBs

In addition, she also asked PSBs heads to leverage full potential of branches opened in international financial services centres in GIFT City, Gujarat.

published on : 26th March 2023
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FM Nirmala Sitharaman reviews PSBs performance amid stress in US banking system

She urged the banks to remain vigilant about the interest rate risks and regularly undertake stress tests.

published on : 25th March 2023
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‘Bad loans of PSBs down from 14.6 per cent in 2018 to 5.53 per cent in 2022’

The reforms taken by the government have reduced the size of bad loans of the public sector banks, said the Minister of State Finance, Bhagwat Karad on Monday.

published on : 21st March 2023
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Indian banks insulated from global spillovers

The situation appears similar elsewhere, too, with the systemically important Credit Suisse gasping for breath.

published on : 18th March 2023
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How Washington came to rescue US banks after the SVB collapse

Waters, former chair of the House Financial Services Committee, had her doubts that another bank would step up as a saviour and buy the defunct institution.

published on : 15th March 2023
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Silicon Valley Bank collapse: Indian banks can handle crisis, unlikely to be affected, say analysts

Banks’ strong funding, liquidity to allow them to hold onto their HTM bonds, says Moody’s

published on : 15th March 2023
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US banks under pressure after trouble at Silicon Valley bank 

SVB's disclosure came on top of an announcement the same day that crypto banking titan Silvergate plans to shut down in the face of cryptocurrency market turmoil.

published on : 10th March 2023
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'Cocaine Bear' review: The bear is on barely enough cocaine

In a time when our eyes are assaulted by a barrage of audio/visual content on a near-constant basis, films have to go to exorbitant lengths to incite curiosity in their audience.

published on : 3rd March 2023
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Moody's maintains stable outlook on Indian banks

Moody’s  said as strong data in the second half of 2022 created large carry-over effects for 2023, India’s growth projection has been “meaningfully raised”.

published on : 1st March 2023
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Banks take 70% haircut in 612 resolved cases so far under IBC

Of the total admitted claims of Rs 8.3 lakh crore under Insolvency and Bankruptcy Code (IBC), creditors have realised Rs 2.5 lakh crore under the resolution plans.

published on : 17th February 2023
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Two hero stones unearthed from Thenpennai banks in Tamil Nadu

Researchers from Tiruvannamalai district Historical Research Centre (TDHRC), along with history enthusiasts dug out two hero stones from the banks of Thenpennai near Alambadi.

published on : 17th February 2023
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Injurious to health? Banksy's 'Valentine’s Day Mascara' mural removed by UK council

The mural depicts a 1950s-style housewife with a swollen eye and a missing tooth seemingly shoving her male partner into a real chest freezer.

published on : 16th February 2023
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Central bank to issue guidelines for banks on penal charges soon

“To further enhance transparency, reasonableness and consumer protection, draft guidelines on levy of penal charges will be issued to obtain comments from stakeholders,” said RBI Governor.

published on : 9th February 2023
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No lending to Adani Group on share value: RBI Governor

Deputy Governor MK Jain said the exposure of Indian banks and NBFCs to Adani Group is insignificant.

published on : 9th February 2023
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Adani crisis: Banking sector resilient and stable, says RBI 

Stocks of Adani Group firms have taken a massive beating on the bourses after US-based short-seller Hindenburg Research made a litany of allegations in a report.

published on : 3rd February 2023
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Adani group under glare of banking, NSE

The Securities and Exchange Board of India (Sebi) is also looking into the allegations of irregularities levelled by Hindenburg Research against Adani group.

published on : 3rd February 2023
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Banks’ asset quality to improve further: Economic Survey

The asset quality of Scheduled Commercial Banks (SCBs) has been improving steadily over the years across all major sectors.

published on : 31st January 2023
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Higher credit growth likely for banks in 2023-24: Economic Survey

According to the Economic Survey, the accumulation of deposits in the past few years has enabled banks to fund the growing credit demand.

published on : 31st January 2023
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Govt plan to privatise PSBs in a cleft stick

The government must improve PSBs’ profitability first, which attracts investors, before firming up privatisation.

published on : 7th January 2023
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Release date of Netflix’s 'Outer Banks' season 3 out

Netflix has released the first looks and streaming date of third season of Outer Banks, the American action adventure mystery teen drama, on social media on Tuesday.

published on : 5th January 2023
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