Banks

Banksy loses EU trademark fight with greeting card company

Citing Banksy's stated contempt for intellectual property rights, the examiners also made clear that the artist's choice to keep his identity secret hurt him in the “Flower Thrower” case.

published on : 17th September 2020

Banks Board Bureau recommends Dinesh Kumar Khara as next SBI chairman

Khara will replace SBI Chairman Rajnish Kumar, whose three-year term comes to an end on October 7.

published on : 28th August 2020

State-run banks to raise Rs 60,000 crore in equity capital

Experts say the exercise may not help public sector lenders to absorb the Covid-19 shock unless supplemented with support from states

published on : 13th August 2020

RBI moratorium, its legality and its impact on the Indian Economy

There may be a possibility that a full or qualified moratorium may extend beyond 31st August 2020 which is yet to be announced.

published on : 23rd July 2020

COVID-19 lockdown: Banksy reveals his latest work in bathroom

In his grand work, rats are scurrying across the toitet, running on rolls of tissue paper, stepping on a tube of toothpaste and taking a piss on the commode.

published on : 16th April 2020

COVID-19 impact: Banks to witness spike in credit costs, non-performing assets in 2020

The report noted that an additional USD 300 billion spike in lenders' credit costs and a USD 600 billion increase in NPAs will occur in 2020 due to the adverse impact of coronavirus pandemic.

published on : 6th April 2020

Puducherry: People crowd banks and ATMs to withdraw government dole of Rs 2000

AIADMK MLA of Muthialpet  Vaiyapuri Manikandan slamed the government for improperly distributing the cash assistance, leading to crowding of banks and ATMs.

published on : 6th April 2020

Major PSU banks pass on three-month EMI moratorium to borrowers

Almost all banks are extending the moratorium to all outstanding accounts by default.

published on : 1st April 2020

Banks Board Bureau suggests PR Jaishankar's name for IIFCL MD post

According to sources, Jaishankar has been facing interview since 2017 when the government had first invited application for the job.

published on : 15th March 2020

Bank ATMs start dispensing more Rs 500 notes instead of Rs 2,000 notes

Some banks have already started recalibration of their ATMs and other banks will also follow suit, sources said.

published on : 26th February 2020

Banks will see good Q3, Q4 on resolution of large NPAs: SBI Chairman

Referring to credit growth, he said SBI's year-to-date credit growth was negative for the first six months of the current fiscal but improved between October to December.

published on : 8th January 2020

Indian banks to write off more bad loans: Fitch

Fitch said it believes that the government could allow a one-off restructuring of real-estate loans -- given the sector's severe challenges and the rising risk of defaults.

published on : 5th December 2019

Bank, realty, auto stocks extend fall; plunge up to 9 per cent

Interest rate sensitive stocks banking, realty and auto - continued to fall for the second straight session, losing up to 3 per cent, as the RBI policy action failed to enthuse investors.

published on : 3rd August 2017

Bad loans at public sector banks surge by 1 lakh cr in April-December 2016

Bad loans rose by over Rs 1 lakh crore in the first nine months of current fiscal to Rs 6,06,911 crore by December.

published on : 15th March 2017

Banks' NPA formation showing declining trend in March quarter: Jaitley

The core problem of NPAs is with very large corporates, though few in numbers, the finance minister told a Parliamentary committee.

published on : 15th March 2017
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