Despite the State Commission having concluded that there was deficiency in service on the part of the bank, it had not been held liable
Loans to the sector became huge NPAs largely due to the practice by lenders of offering unconditional mobilisation advance and time gap between preparation of a DPR and awarding the bid
Sahar Bharati requests finance minister's intervention for a better deal
Banking stocks have broadly reacted positively to the strict capital norms under the Basel regulations put in place for domestic banks over an 18-year period, starting October 1998, RBI paper showed
"An increase in bond yields would impact treasury performance," Motilal Oswal Securities said.
Panel set up by the RBI finds more than half of about 1,100 digital loan providers operate illegally.
HDFC Bank's retail loans grew by around 13.5 per cent yoy and 4.5 per cent over September 2021 based on its internal business classification.
Commercial banks in India as a group posted 7.3 per cent (Y-o-Y) growth till the middle of December 2021, according to Reserve Bank of India (RBI) data.
Beware of keypad manipulation and heat mapping while using the ATM or PoS machine
The GNPA ratio of PSBs, which was 8.8 per cent in September this year, may deteriorate to 10.5 per cent by September 2022 under the baseline scenario
Credit growth showing signs of recovery, says RBI report
A little over 110 firms ranging from online grocers to food delivery and beauty startups listed their shares in Mumbai this year, raising almost $18 billion, according to data compiled by Bloomberg
The stock of the bank closed 18.32 per cent down to close at Rs 140.90 a piece on the BSE
Call options for instruments raised last year and worth Rs 28,430 crore are due in the next financial year.
MPAI and ADIF have in their letter highlighted several operational challenges that will hinder the transition to the token-based payments ecosystem
The country's licensing policy for financial institutions is past its sell-by date. Innovative solutions are out there but require regulation.
To augment their resources, banks would be encouraged to raise funds from the market and also by selling their non-core assets, they added.
All India Bank Officers Confederation (AIBOC) on Monday said it will hold a protest programme against the government's move to privatise public sector banks (PSBs) in Delhi later this month
Here is the best of Business Standard's opinion pieces for Monday
The bad loan market may get a boost from the fact that Centre may not indulge state-run banks anymore by recapitalising them as in the past