Page 713 - Finance News

Farm loan waiver, exposure to IL&FS may impact SBI's growth target

The bank's management, on its part, is confident about softening of bad loan or NPA with the recovery of Rs 34,000 crore from eight accounts

NBFC liquidity normalises, fresh bond sales jump 30% in January: Report

Fresh corporate bond issuances by NBFCs saw a notable decline from 71.6 per cent (of the total flow) in July 2018 to 64.6 per cent in August 2018

NPA woes: India beats Italy to have world's worst non-performing loan ratio

RBI said in December that the ratio for banks fell for the first time since 2015, though it's still 'high for comfort'

SBI to waive loans of CRPF personnel killed in Pulwama terror attack

The state-owned lender would also expedite payment of insurance amount of Rs 30 lakh each to the families of CRPF personnel killed

HDFC Bank has no plans to cut down branch expansion to focus on tech: CEO

India is the fastest growing major economy in the world and banking services are yet to reach all the people, Puri added

An app may be stealing your bank data, RBI warns digital, UPI users

Digital security concerns have assumed greater importance amid the Modi government's efforts to steer India towards a less-cash, digital economy

RBI Governor to discuss rate cut transmission with bank chiefs on Feb 21

Commenting on mergers in the banking space, Finance Minister Arun Jaitley said India needs fewer and mega banks which are strong

SBI does not have any headroom to cut deposit rates: Chairman Rajnish Kumar

In the current situation if I cut the rate of interest then I will have a problem, says Kumar

Top 12 corporate NPAs cost exchequer twice as much as farm loan waivers

If recapitalisation of banks is welcomed, a farm loan waiver should be as acceptable

Irdai warns domestic insurers against 'shadow capital' from rogue brokers

The warning comes after the regulator received several whistle-blower complaints in the past two months against more than one of the top insurance brokers

RBI working on strict, clear-cut clawback triggers for bank CEO pay

Linkage with RBI's compliance and inspection reports to be strengthened

IL&FS-led liquidity woes, Aadhaar ban roil NBFCs, micro-lending dips by 15%

Disbursements stood at Rs 41,840 crore for the third quarter of the current financial year, down from Rs 49,450 crore in the preceding three months

Sebi may probe YES Bank for 'selective disclosure' leading to stock rise

The sharp spurt in prices on Thursday had added more than Rs 2,000 crore (notional gains) to promoters' wealth

Banks expect liquidity to remain tight in Q4 due to tax outflows: Survey

The eighth round of the survey for the period July to December 2018 witnessed participation of 23 banks.

SBI charts 'new path', promotes employee health, family, work-life balance

The programme, christened Nayi Disha, focuses on work-life balance and also involves the staffs' immediate family members

First time in FY19, RBI turned net dollar buyer in Dec, bought $607 million

Between April and November 2108, the central bank had net sold $26.51 billion in the spot market against net purchase of $18.017 billion in the same period in 2017

How easy credit from shadow banks has begun to haunt Indian realty sector

The regulator for housing-finance firms has allowed an accumulation of illiquid long-term assets with liquid short-term liabilities

Allahabad Bank draws a road map to come out of PCA list by June

Allahabad Bank expects fresh capital infusion from the government by the end of this month or early next month

RBI withdraws 20% limit on investments by FPIs in corporate bonds

The RBI said the directions in this regard have been issued the Foreign Exchange Management Act

RBI governor Shaktikanta Das rules out asset quality review of NBFCs

Shaktikanta Das also discussed the current regulations and requirements for investment in fixed income for FPIs