Page 792 - Finance News

At 18%, Indian customers biggest victims of banking fraud: FIS study

One of every four people in the 27-37-year age group, the most prolific in using digital banking apps, reported a fraud in the past year

India, Indonesia are among Asia's most debt-risky nations: Moody's

Moody's Investors Service's external vulnerability index puts Indonesia at 51 per cent and India at 74%

Banking stress: Demonetisation woes drag on for small finance banks

Microfinance portfolio of SFBs saw a muted growth of about 3% last year

Public sector banks approach RBI to stay out of prompt corrective action

At present, 11 out of 21 PSBs, which constitute about 20% of the market share, are already under the PCA framework

CERC proposes payment based on supply to gencos

Coal quality slippage to be paid by coal supplier or railways

HAL seeks private partner to build Dhruv copters for civilian market

HAL is currently shortlisting eligible bidders, based on capability and capacity

United Bank of India net loss at Rs 2.6 billion on bad debt provisioning

Provisioning for non-performing assets was Rs 13 billion, as compared to Rs 7.5 billion in January-March 2017

Bankruptcy law: Banks, ARCs and FPIs can bid for insolvent companies

Sources in the corporate affairs ministry say they are working with the law ministry on the wording of other changes

RBI policy: Why a hike in rates to tame the oil shock would be a mistake

RBI has already over-achieved its inflation mandate; it needs to focus more on its growth objective

Chennai-based Lakshmi Vilas Bank eyes growth, plans to raise Rs 10 bn

The capital adequacy ratio was 9.81 per cent at end-March, from 10.38 per cent a year before

PM Modi's Singapore visit to put India's RuPay card on global stage

For India, an acceptance of RuPay card by Singapore is a major stepping stone to the wider acceptance of the Rupee abroad

With no improvement on NPAs front, subsidiaries come to the banks' rescue

Either banks are raising funds by divesting their stakes in subsidiaries through offers for sale, or there is outright stake sale

No-frills a/c holders pay heavy penalty for exceeding withdrawal limit

While no charges are levied for maintaining no-frills account or BSBDA in a bank, the regular accounts are subject to various fees and charges

Urjit Patel to brief parliamentary panel on mounting NPAs, banking frauds

Former prime minister Manmohan Singh, who is a member of the committee, is likely to attend the meeting on June 12

United Bank firms up employee share purchase plan, awaits Sebi nod

Issue expected to get support from unions of both employees and officers

Four years of Modi govt: Centre needs to resolve banking mess, say CEOs

Tell Modi govt to walk the talk on promises in its final year

Amid economic slowdown, world's most profitable banks can be found in India

Indian private-sector banks are also among the most richly valued

Lakshmi Vilas Bank posts Rs 6 billion loss in Q4 as as NPA provisions zoom

The bank had registered a net profit of Rs 521.6 million in the January-March period of 2016-17.

Punjab National Bank's FY19 plans fail to convince finance ministry

While downgrading PNB's rating, Moody's Investors Service said the bank would need ~120-130 billion in 2018-19 to meet regulatory requirements

IDBI Bank Loss widens to Rs 56.6 billion as NPAs touch 28%

Widens to Rs 56.6 bn, with gross NPA 28%, second highest ever in sector; banks says worst behind it