To augment their resources, banks are raising growth funds from the market and also by selling their non-core assets: Officials...

National Urban Co-operative Finance and Development Corporation is expecting a licence from RBI by March that will enable it to raise Rs 200 crore...

Report from Kotak Securities says decline in forex assets, coupled with higher credit demand has led to skewed credit-deposit ratios...

NPAs are removed from balance sheet of the bank concerned by way of a write-of, says Nirmala Sitharaman...

But borrowers of written-off loans continue to be liable for repayment and the process of recovery of dues continues, Union finance minister tells Parliament ...

Banks have also increased their 1-year median marginal cost of funds-based lending rate by 85 bps from May to October 2022...

Move is expected to help these lenders retain good talent...

The move aims to help the government retain the best talent in the banking sector...

Union members to go on strike...

In the first half of FY23, cumulative net profit of all public sector banks increased 32 per cent to Rs 40,991 crore...