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Banks
Business  /  Published 05.07.20

Bank recap on plate

The finance ministry may assess the capital requirement of public sector banks after the September quarter as there would be greater clarity about a spike in bad loans by that time, sources said. ...
By PTI in New Delhi

Business  /  Published 09.06.20

Banks told to hasten MSME loan

Public sector banks have sanctioned Rs 20,000 crore loans to MSMEs under the emergency credit line guarantee scheme (ECLGS) against a target of Rs 3 lakh crore as part of the Centre’s Rs 20 lakh cro...
By Our Special Correspondent in New Delhi

Calcutta  /  Published 03.06.20

Hurdles just when banks, post offices draw crowds

Banks and post offices in the city are facing the twin hurdles of unavailability of staff and patchy network amid a rush on the first three days of June as lockdown norms are being eased.Senior citize...
By Pinak Ghosh in Calcutta

Calcutta  /  Published 22.05.20

Net, electricity hit banking services in Bengal

Erratic power supply and Net connectivity in the wake of Cyclone Amphan hit banking services in Bengal on Friday.Operations at branches of various banks and ATMs were affected. Even digital banking, a...
By Pinak Ghosh in Calcutta

Business  /  Published 19.05.20

Government claims surge in credit flow

State-owned banks have sanctioned about Rs 6.45 lakh crore worth loans to various sectors, including MSMEs, agriculture and retail between March 1 and May 15 when businesses were reeling under the imp...
By PTI in New Delhi

Business  /  Published 10.05.20

Govt mulls credit guarantee scheme for loans to MSMEs

As part of a stimulus package for the coronavirus-hit economy, the government is working on a credit guarantee scheme to enable banks to provide additional 10-15 per cent working capital to MSMEs for ...
By PTI in New Delhi

Business  /  Published 13.04.20

Commercial banks are disclosing provisional non-financial results

Listed commercial banks are disclosing provisional non-financial results covering deposits and advances to the stock exchanges, while waiting for clarity on branch-level audit that is likely to gain s...
By Pinak Ghosh in Calcutta

Business  /  Published 10.04.20

NBFC loan relief plan takes shape

Banks are working on a plan to offer NBFCs a three-month moratorium on their loans as the sector has been severely hit by the nationwide lockdown.The Indian Banks’ Association (IBA) is yet to reach...
By TT Bureau in Mumbai

Jharkhand  /  Published 03.04.20

Banks: Get pension but don’t crowd

East Singhbhum district administration has geared up to enforce social distancing to prevent crowding by beneficiaries of Jan Dhan Yojana from Friday.“Starting Friday, all banks have been asked to i...
By Our Special Correspondent in Jamshedpur

Business  /  Published 02.04.20

Cash dole to women from today

The Indian Banks’ Association (IBA) on Thursday said women bank account holders under Pradhan Mantri Jan Dhan Yojana (PMJDY) will start getting an amount of Rs 500 per month from Friday.This follows...
By Our Special Correspondent in Mumbai


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