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  • Bank of Baroda launches QIP to raise up to Rs 4,500 crore Feb 25, 2021 10:04 PM IST

    Bank of Baroda launches QIP to raise up to Rs 4,500 crore

    The issue size is Rs 4,500 crore with the option to upsize up to an additional Rs 2,000 crore.

  • PSB privatisation: Can government outfox India’s powerful trade unions? Feb 19, 2021 06:02 PM IST

    PSB privatisation: Can government outfox India’s powerful trade unions?

    Reversing bank nationalisation is a politically sensitive step. But, the government seems to have a plan this time.

  • RBI sets up expert panel to review urban co-operative banks' regulations Feb 15, 2021 03:37 PM IST

    RBI sets up expert panel to review urban co-operative banks' regulations

    The Indian banking system has witnessed a number of co-operative bank failures in recent years and the panel will examine issues in the sector and provide a roadmap

  • How MSMEs can partner with their Banks in 2021 Feb 10, 2021 01:48 PM IST

    How MSMEs can partner with their Banks in 2021

    As the COVID-19 cases go down with the vaccine, businesses will manage more penetration with more consumption, but with a poor 2020, MSMEs will need funds to expand their own business to ride the consumption wave, how can they solve this puzzle?

  • Subramanian Swamy moves SC seeking CBI probe into RBI officials' role in bank scams Feb 07, 2021 07:30 PM IST

    Subramanian Swamy moves SC seeking CBI probe into RBI officials' role in bank scams

    "These scams have been caused due to the active connivance of the RBI officials which has failed to prevent these scams despite being vested with substantial powers under various legislations," Swamy said in the plea.

  • Cryptocurrency ban: RBI's proposed digital currency project and what it means for you, explained Jan 27, 2021 04:12 PM IST

    Cryptocurrency ban: RBI's proposed digital currency project and what it means for you, explained

    This tender is neither banned in India, nor is it legalised – making it hang somewhere in the grey zone.

  • Restore MDR on UPI and RuPay transactions, banks, payment firms ask Centre: Report Jan 11, 2021 10:31 AM IST

    Restore MDR on UPI and RuPay transactions, banks, payment firms ask Centre: Report

    The proposal includes “discounted MDR on RuPay to make it competitive with Visa and Mastercard” bank cards, and flat, “slab-based MDR on UPI transactions.”

  • EXCLUSIVE | Budget looks to provide relief to MSMEs, may relax NPA classification norm Jan 11, 2021 07:32 AM IST

    EXCLUSIVE | Budget looks to provide relief to MSMEs, may relax NPA classification norm

    The Centre is considering easing NPA classification period to between 120-180 days from 90 days, thus making permanent a measure adopted during the pandemic and the nationwide lockdown, a top government official told Moneycontrol. The person added that such a move would require legislative changes.

  • Explained: Here's Why RBI Charged Bajaj Finance Rs 2.5 cr For Violating Recovery Norms | Know Your Rights Jan 09, 2021 10:42 AM IST

    Explained: Here's Why RBI Charged Bajaj Finance Rs 2.5 cr For Violating Recovery Norms | Know Your Rights

    The Reserve Bank of India has imposed a penalty of Rs 2.5 crore on Pune-based Bajaj Finance Limited. They have been charged for violating regulatory norms pertaining to recovery and collection methods from their borrowers. Watch the video to find out what are the rules that recovery agents, banks and NBFC should adhere to.

  • Exclusive | Govt should reduce tariffs, push privatisation and recap banks, economists tell PM Modi Jan 08, 2021 07:31 PM IST

    Exclusive | Govt should reduce tariffs, push privatisation and recap banks, economists tell PM Modi

    According to sources, economists who attended the meeting include former Rakesh Mohan, Ravindra Dholakia, Shankar Acharya, Arvind Panagariya, KV Kamath and Sonal Verma.

  • Banks passed on nearly half of RBI rate cuts: Report Jan 05, 2021 09:26 AM IST

    Banks passed on nearly half of RBI rate cuts: Report

    Average lending rates for fresh and outstanding loans across banks have fell 50 bps and 40 bps, respectively, from April to November 2020, while the RBI has cut repo rate by 115 bps since March 2020

  • What’s in store for banks in 2021? A better year for sure, but COVID-19 scars will remain Dec 31, 2020 02:19 PM IST

    What’s in store for banks in 2021? A better year for sure, but COVID-19 scars will remain

    Bankers and analysts believe retail NPAs rather than corporate bad loans will be a headache. Also, credit growth has to pick up if there is to be a meaningful recovery for the sector. With a full-fledged economic revival still some way off, some amount of pain will carry on into the next year.

  • Four banks that offer over 7% interest rates on saving account Dec 20, 2020 06:56 PM IST

    Four banks that offer over 7% interest rates on saving account

    Amid the falling fixed deposit (FD) interest rates in the last few months, retail investors can easily get swayed away by lucrative rates. IDFC First Bank, Bandhan Bank and small finance banks like Equitas and Utkarsh are offering 7 percent interest rates on savings accounts. Take a look…

  • National Family Health Survey 2019-20 | Number of bank accounts owned, operated by women grows Dec 15, 2020 07:34 PM IST

    National Family Health Survey 2019-20 | Number of bank accounts owned, operated by women grows

    Of the 22 states and union territories surveyed, Bihar and Manipur have reported the maximum increase in women having a bank or savings account that they themselves operate in 2019-20 compared to 2015-16.

  • New rule for cheque payments from January 1 - all you need to know Dec 13, 2020 03:55 PM IST

    New rule for cheque payments from January 1 - all you need to know

    This is what you need to know about the new cheque payment rule will come into effect from 1 January 2021.

  • Bank mergers: Here are the procedural changes customers must be aware of Dec 11, 2020 10:54 AM IST

    Bank mergers: Here are the procedural changes customers must be aware of

    With a host of bank mergers, customers will have to be prepared for new processes and systems

  • India bank holidays in December 2020: Check full list here Dec 01, 2020 12:46 PM IST

    India bank holidays in December 2020: Check full list here

    The holiday list is subject to change as bank holidays vary from states to states and are not observed by all banks. People wait for December month to celebrate Christmas and New Year as most people use their outstanding holidays for these occasions.

  • ‘Unholy alliance’ between banks and e-commerce firms to destroy indigenous businesses, CAIT writes to Finance Minister Nirmala Sitharaman Nov 30, 2020 01:31 PM IST

    ‘Unholy alliance’ between banks and e-commerce firms to destroy indigenous businesses, CAIT writes to Finance Minister Nirmala Sitharaman

    CAIT termed the joint workings of e-commerce companies like Amazon and Flipkart with banks as an ‘unholy nexus’ and ‘cartelisation of banks’.

  • Paytm in talks with banks, finance companies for new range of co-branded cards: Report Nov 27, 2020 11:18 AM IST

    Paytm in talks with banks, finance companies for new range of co-branded cards: Report

    This would make a new range of co-branded cards available to merchants via the app, similar to the fintech firm’s previous offerings with Citi Bank and SBI Card

  • Big Story | NPAs likely to rise in next 12-18 months: Why this is a cause of concern for the Indian Banking system Nov 25, 2020 08:12 PM IST

    Big Story | NPAs likely to rise in next 12-18 months: Why this is a cause of concern for the Indian Banking system

    S&P Global Ratings has said that Non-performing assets in the Indian banking sector are likely to witness an uptick and may shoot up to 11 percent of gross loans in the next 12-18 months. What does this mean for the banking system? Let's find out

  • Top brokerages hail RBI panel's recommendations as pragmatic, positive Nov 23, 2020 01:21 PM IST

    Top brokerages hail RBI panel's recommendations as pragmatic, positive

    RBI on November 20 released a report on the IWG recommendations on private bank ownership and corporate structure.

  • NBFCs likely to benefit most from RBI panel proposal to allow conversion to banks: Report Nov 23, 2020 10:54 AM IST

    NBFCs likely to benefit most from RBI panel proposal to allow conversion to banks: Report

    As per the proposal, put forward by the RBI’s internal working group on November 20, companies with assets over Rs 50,000 crore and with at least 10 years in business, will be eligible for the shift

  • SC on Loan Moratorium Highlights | Supreme Court tells Centre, RBI to respond to suggestions; case to be listed next week Nov 19, 2020 09:05 AM IST

    SC on Loan Moratorium Highlights | Supreme Court tells Centre, RBI to respond to suggestions; case to be listed next week

    SC hearing on Loan Moratorium LIVE Updates: The three judge bench comprising of Justices Ashok Bhushan, R. Subhash Reddy & MR Shah is hearing the loan moratorium and interest waiver case

  • SC on Loan Moratorium | Supreme Court to resume hearing interest waiver petitions on November 19 Nov 18, 2020 01:30 PM IST

    SC on Loan Moratorium | Supreme Court to resume hearing interest waiver petitions on November 19

    SC on Loan Moratorium: The three judge bench comprising of Justices Ashok Bhushan, R. Subhash Reddy & MR Shah adjourned the case to today

  • Big Story | Banks begin levying charges on deposits, withdrawals during bank holidays, non-business hours Nov 03, 2020 05:36 PM IST

    Big Story | Banks begin levying charges on deposits, withdrawals during bank holidays, non-business hours

    A number of banking rules have come into effect from November 1, 2020 which will have a direct impact on your pocket. Here's all you need to know.

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