Business  /  Published 22.01.23

Budget: Capital infusion for banks

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

Business  /  Published 30.12.22

Umbrella entity for urban co-op banks

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...
By Pinak Ghosh in Calcutta

Business  /  Published 21.12.22

Credit-deposit growth gap to hit bank margins

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

Business  /  Published 14.12.22

Rs 10 lakh-cr bad loans written off

NPAs are removed from balance sheet of the bank concerned by way of a write-of, says Nirmala Sitharaman...
By Our Bureau in New Delhi

Business  /  Published 13.12.22

Rs 10 lakh cr NPAs written off: FM

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 ...
By PTI in New Delhi


Business  /  Published 20.11.22

Banks increase lending rates

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

Business  /  Published 19.11.22

10-yr term for PSU bank chiefs

Move is expected to help these lenders retain good talent...
By Our Special Correspondent in Mumbai

Business  /  Published 18.11.22

Govt raises maximum tenure of PSU banks' CEO

The move aims to help the government retain the best talent in the banking sector...
By PTI in New Delhi

Business  /  Published 17.11.22

Operations in PSBs likely to be hit

Union members to go on strike...
By PTI in New Delhi

Business  /  Published 08.11.22

NPA strategy pays off

In the first half of FY23, cumulative net profit of all public sector banks increased 32 per cent to Rs 40,991 crore...
By Our Bureau in Mumbai, New Delhi


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