May 02, 2016 at 08:52 | Source: PTI
Congress leader K V Thomas-led Public Accounts Committee (PAC), whose term ended yesterday, has examined Rajan's response but can ask the RBI Governor to appear before it in future once it is reconstituted, sources said.
Apr 30, 2016 at 13:40 | Source: PTI
The bonds were backed by SBLC (standby letter of credit) from various lenders including State Bank of India (SBI).
Apr 30, 2016 at 12:23 | Source: CNBC-TV18
About 80 percent of the bad loan issue in road and power sectors will be resolved over a period of time and about 10-20 percent will have to be written off, says RK Bansal, Executive Director of IDBI Bank.
Apr 29, 2016 at 20:57 | Source: Reuters
Central banks in Asia's emerging markets are introducing new policy tools to get lenders to cut borrowing costs and move credit more quickly through their slowing economies.
Apr 29, 2016 at 18:26 | Source: PTI
Close to 12,000 cases related tocredit/debit cards and net banking were reported during April-December 2015, Parliament was informed today.
Apr 29, 2016 at 15:50 | Source: CNBC-TV18
Jyoti Ghosh, managing director at State Bank of Bikaner & Jaipur said as part of the asset quality review the bank focussed even on smaller accounts and managed to recover Rs 384 crore from about 91,000 accounts in FY16.
Apr 29, 2016 at 13:45 | Source: CNBC-TV18
The Rs 3,600 crore worth of collective contingency and related reserves will help the bank pull down its credit cost in FY17, says Nitin Kumar, Analyst from Prabhudas Liladher. But Bajrang Bafna of Sunidhi Securities says he isn't sure whether the worst is over for banks in general.
Apr 28, 2016 at 07:36 | Source: PTI
The bilateral agreement comes weeks after the Panama Papers, a series of reports around the world revealing how one Panamanian law firm set up offshore entities to help the world's wealthy stash their assets.