Oct 05, 2020 09:11 AM IST
968 infected and 1 dead are SBI staff, while among private banks, 390 of Axis Bank staff tested positive
- Sep 27, 2020 10:49 AM IST
Here is a list of 10 banks that offer best fixed deposit rates for senior citizens on three-year FDs
- Sep 20, 2020 10:40 AM IST
Check out the public sector banks that offer the best savings account interest rate
- Sep 04, 2020 10:44 AM IST
Larger housing finance companies offer interest rates in the range of 7-7.2 per cent, but several other NBFCs charge much higher rates
- Sep 03, 2020 02:43 PM IST
With economic activity gathering pace following the announcement of Unlock guidelines, temporary measures would not be a viable solution to address the cashflow issues of borrowers
- Aug 31, 2020 11:02 AM IST
Banks now appear to be cashing in on the digital payments wave
- Aug 28, 2020 09:14 AM IST
Public-sector banks lead the race; interest rates range between 6.85-7.3 per cent
- Aug 19, 2020 11:57 AM IST
Credit cards gain popularity as startups work out innovative solutions with banks to expand the user base. Can new-age private banks corner a larger market share through these partnerships?
- Aug 18, 2020 07:38 PM IST
With customers moving to technology platforms, banks are fulfilling only last-mile connectivity. They are losing out on key customer data that are a huge differentiator. IBM India is pinning hopes on these factors.
- Aug 17, 2020 12:26 PM IST
“COVID-19 has had almost the same positive impact as demonetisation," said Prabhu Ram, Managing Director and Group CEO of Payswiff.
- Aug 10, 2020 10:35 PM IST
A ray of hope can be ascribed to the fact that now with improved capitalisation of public sector banks, there could be a decline in contagion losses to the financial system.
- Aug 10, 2020 02:30 PM IST
The study revealed that 73 percent respondents were willing to share health record data with insurance companies for recommendations on addressing potential medical issues, while 72 percent were willing to share data with government agencies to expedite access to services such as driver’s licence and government benefits.
- Aug 02, 2020 05:08 PM IST
The Reserve Bank's rate-setting Monetary Policy Committee (MPC) will meet next week to decide on the policy stance amid the urgency to revive the COVID-19 hit pandemic
- Jul 31, 2020 05:30 PM IST
As part of the Aatmanirbhar Bharat Package, the government had announced Rs 3 lakh crore Collateral-free Automatic Loans for businesses, including MSMEs.
- Jul 31, 2020 09:02 AM IST
RBI directions for Vasantdada Nagari Sahakari Bank, the Kapol Cooperative Bank and the Maratha Sahakari Bank have been extended for varying periods
- Jul 29, 2020 11:08 AM IST
Viral Acharya, the former RBI deputy governor, said that some of the diluted measures were important to ensure that the banking system does not become vulnerable to short-term pressures.
- Jul 28, 2020 05:35 PM IST
In this edition of Business Insight, find out what is the one-time restructuring scheme and why bankers are not in favour of moratorium extension.
- Jul 28, 2020 04:02 PM IST
Given the economic situation at present, banks are taking a conservative approach in retail lending, as uncertainty looms large over retail segment loans as the private sector grapples with pay cuts and job losses.
- Jul 23, 2020 04:40 PM IST
Banks in the country are likely to witness a spike in their non-performing assets ratio by 1.9 percent and credit cost ratios by 130 basis point in 2020, following the economic slowdown on account of Covid-19 crisis, S&P Global Ratings said in a report
- Jul 23, 2020 09:09 AM IST
Banks like RBL Bank, Federal Bank and DCB Bank are now likely to join the their bigger peers such as ICICI Bank and Axis Bank in planning a share sale some time this year
- Jul 23, 2020 08:05 AM IST
As many as 8.5 lakh bank employees are set to benefit from the wage hike, which will be effective from November 2017.
- Jul 22, 2020 11:15 AM IST
Banks pointed out that fear of legal action acts as a major deterrent to cheque returns and that banks resort to legal action only in cases where borrowers wilfully default on loans.
- Jul 11, 2020 01:04 PM IST
RBI has taken a number of measures to strengthen co-operative banking system, he added.
- Jul 07, 2020 01:40 PM IST
"If interest rates are at 6 percent, NPA's will double in six years. Both cost of credit and the flow of credit both have to be looked at," he said adding that the problem with low interest, however, is that capital injection will be significantly lower.
- Jul 04, 2020 01:25 PM IST
Large banks, both government-owned and from the private sector, give far lower interest rates to depositors. But some banks, especially smaller or newer ones, pay a higher interest rate on your balances in order to attract new business into banks.