June 24, 2018 02:10 PM IST
Earlier this month, RBI Governor Urjit Patel had replied to host of questions asked by the committee members.
June 23, 2018 10:24 PM IST
CM Fadnavis says "peak time for kharif crops" means farmers will need funds faster.
June 23, 2018 11:22 AM IST
Basu was earlier the deputy managing director handling corporate accounts group
June 20, 2018 02:40 PM IST
Marathe was arrested for alleged misusing of power in sanctioning loans to shell companies of the bank.
June 17, 2018 01:12 PM IST
This is the first major exercise undertaken by the Banks Board Bureau (BBB), the advisory body formed by the government for selection of candidates for top level board appointment.
June 17, 2018 11:00 AM IST
Data from the state-owned PNB covers the big wilful defaulters who are not paying back their loans despite having the capacity to do so.
June 16, 2018 07:55 PM IST
An enquiry panel will probe allegations of corporate misconduct and quid pro quo against Kochhar, the Managing Director and CEO of the bank.
June 13, 2018 08:08 PM IST
Banks now want to shift notifications to WhatsApp, but regulations require them to continue their SMS alert services, even if WhatsApp alerts are enabled
June 12, 2018 10:11 PM IST
In FY18, the number of its mobile banking transactions stood at 2,706, with a total volume of Rs 6,00,502 crore.
June 11, 2018 08:05 PM IST
The draft stipulates a minimum level of 'loan component' in fund based working capital finance and a mandatory Credit Conversion Factor (CCF) for the undrawn portion of cash credit/ overdraft limits availed by large borrowers.
June 11, 2018 05:21 PM IST
The amount of claims realised was almost double the liquidation value of Rs 1,427 crore during the quarter
June 11, 2018 10:48 AM IST
SEBI had last month served a notice to ICICI Bank CEO and MD Chanda Kochhar in relation to the bank's dealings with Videocon Group
June 10, 2018 12:20 PM IST
The proposal for the issue of equity capital through various alternative modes, including QIP, is listed as one of the agenda for the annual general meeting of the bank to be held in August.
June 08, 2018 09:10 PM IST
The regional rural bank saw a 50 percent rise in its operating profits but saw net profit decline of 27 percent.
June 08, 2018 12:15 PM IST
These banks have reporting a sharp rise in digital transactions, especially in net banking, point of sale and mobile banking
June 06, 2018 06:59 PM IST
FCA in a notice said it has imposed a penalty of 896,100 pounds on the bank and restricted it from accepting deposits from new customers for 147 days.
June 06, 2018 03:43 PM IST
The RBI raised its repo rate for the first time in four years
June 05, 2018 06:57 PM IST
An NPA, or a Non-Performing Asset, is a way of classifying loans or advances that are in default or are in arrears, on scheduled payments of principal or interest.
June 01, 2018 10:44 AM IST
Fraud-hit bank is relying on recovery of dues under the IBC and proceeds from sale of its non-core assets to reduces losses.
June 01, 2018 09:00 AM IST
Around 30,000 employees remaining on strike to protest a 2 percent salary hike offered by the Indian Banks Association.
May 24, 2018 10:36 AM IST
Rajnish Kumar said Rs 78,000 crore of losses are in the first two lists of the NCLT and hence expects the recovery this financial year itself.
May 22, 2018 06:10 PM IST
Some banks recently told the Finance Ministry that they require more than one year to come out of the restrictions that the PCA has imposed on them.
May 16, 2018 09:12 PM IST
Under the PCA, banks face restrictions on distributing dividends and remitting profits.
May 15, 2018 03:40 PM IST
The government had swung into action after the banking sector was hit by over the alleged Rs 13,000 crore fraud at Punjab National Bank
May 14, 2018 04:40 PM IST
Last year, reports had pointed out the long delays and the unremunerative and meagre increase in the wages under the employment guarantee programme.
