Page 763 - Finance News

Bajaj Finserv-RBL SuperCard allows changing cash limit to personal loan

Customers can also choose to pay for this short loan in 3 easy EMIs without putting any pressure on their personal finances

Indiabulls Housing Finance stock hit by contagion: Ashwini Kumar Hooda

We have never dealt with IL&FS, says Hooda

Our liquidity profile is pretty strong, says DHFL's Kapil Wadhawan

We are strong fundamentally, and extremely liquid to take care of our day-to-day operations, says Wadhawan

YES Bank earnings may be hit by slower loan growth, rise in credit cost

YES Bank's loan book has grown 42.4 per cent annually over the past two years

Yes Bank pays Rs 380 million fine 'in protest' for 'underpaying' GST

The tax department feels the bank has violated norms and under-paid the tax, while the bank feels the opposite

Globally, just half of retail bank customers happy with services: Report

The report based on insights of customers and senior banking executives in over 40 countries

SBI invites bids for the sale of its stake in three associate companies

The bank's gross non-performing assets stood at 16.66%, while net NPA was at 8.45%

Under ICA, incentive for banks lending more than share in resolution plans

Inter-creditor agreement guidelines also protect interests of third-party and exclusive security holders

Preventive vigilance better governance tool: RBI governor Urjit Patel

detection does not lead to punitive outcomes so that investment in detective vigilance does not guarantee the desired reduction in incidence of lapses, the RBI Governor argued

SBI hopes to resolve 7-8 stressed power assets by Nov 11: Rajnish Kumar

SBI has exposure of Rs 170 billion in these projects

RBI starts buying bonds through OMOs to stem shortage in liquidity

According to State Bank of India group economist Soumyakanti Ghosh, the RBI can potentially pump in at least an additional $25 billion from its reserves to support the rupee

Govt appoints 14 general managers as executive directors in different PSBs

Shanti Lal Jain and Vikramaditya Singh Khichi have been appointed as executive directors in the Bank of Baroda initially for a period of three years

Nothing is sacred as India's central bank cleans up the financial sector

Kapoor earned the ire of the Reserve Bank of India by wrongly classifying loans he should have counted as nonperforming

SBI not right candidate to take over more banks: Rajnish Kumar, Chairman

However, Kumar said India needs to reduce the number of state-owned banks through consolidation for better management

BoB, Vijaya, Dena Bank merger to cause short-term bad asset spurt: Report

The government announced a merger of the three entities earlier this week, which will create the country's third-biggest lender

BoB, Dena, Vijaya Bank merger: Employees get reassurance from top brass

Vijaya Bank assured employees that the service conditions 'will remain unaffected and staff benefits retained'

Notwithstanding Rana Kapoor's exit call, Moody's affirms YES Bank's ratings

Moody's said Yes Bank will continue to outpace the industry in loan book growth, but added that while the capital buffers are adequate for now

Baroda-Vijaya-Dena Bank merger: Here are the challenges and expectations

Whether the merger constitutes meaningful reform at the present time is, however, open to question

Modi Cabinet appoints 10 MDs & CEOs at state-owned banks - 5 of them at SBI

The move to appoint five deputy managing directors from SBI is being seen as the government's effort to tap into the talent from the country's largest lender to help other banks

Decoding govt's move to amalgamate Bank of Baroda, Dena Bank, Vijaya Bank

The recent announcement by the government to go in for an amalgamation of three public sector banks raises several legal/regulatory issues. Sudipto Dey explains the key implications