Indian state-run and private banks raised an aggregate of 611.94 billion rupees ($7.39 billion) in October-December, more than double the 301.34 billion rupees raised in July-September
Credit growth in the system has touched a decade high, a level seen last in 2011
FSR shows lenders can absorb shocks without capital infusion
The RBI on Thursday said banks' gross NPA ratio has fallen to a sever-year low of 5 per cent and the banking system remains sound and well-capitalised
The Noida Authority has decided to release Rs 1,359 crore and the Greater Noida Authority Rs 453 crore for establishment of the Noida International Airport, according to official statements.
An RBI report recently highlighted the grim fiscal condition of ten states. And of them, five seem to be in dire condition. What ails these states? What can be done to revive their economy?
In terms of the number of frauds, the modus operandi seems to have shifted to card or internet-based transactions
25 bps raise likely in Feb, before RBI hits status quo button, feel experts
State-owned UCO Bank on Wednesday said it is planning to raise up to Rs 1,000 crore by issuing debt securities
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However, growth in deposits and advances took a knock as liabilities shrank on the back of high base in 2020-21, shows RBI Report on Trend and Progress of Banking in India
'NBFCs need to be wary of rising borrowing costs as financial conditions tighten'
Gross NPA slips to 5%; regulator flags slippages from recast accounts
Retail loans, long considered a panacea for the banking system, may become a systemic risk, the Reserve Bank said on Tuesday
Banking frauds increased in number terms but the amount involved more than halved in FY2021-22, the Reserve Bank said on Tuesday
The Reserve Bank of India has raised rates aggressively this year to tame inflation. While banks have swiftly transmitted the hikes to their lending rates, deposit rates have been laggards for most
City-based Punjab & Sind Bank said its board will meet on December 30 to consider a proposal for raising up to Rs 250 crore by various modes, including equity and bonds issuance, the bank said
The Reserve Bank of India had slapped show cause notices (SCNs) and imposed penalties on the ICICI Bank and certain other banks way back in 2017, for violating various norms, according to a RTI reply
The central bank had released a discussion paper in August that outlined existing rules for charges, while presenting other options through which these could be levied
Indian banks' gross non-performing assets declined to 5.8 per cent, but the present macroeconomic environment can impact lenders' health, the Reserve Bank said on Tuesday