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Agriculture loans under Kisan Credit Card( KCC), the key channel of banking sector farm credit, has witnessed a fall in the number of active borrowers.
New Delhi: State Bank of India (SBI), India's largest bank, offers the facility of home loan balance transfer from other scheduled commercial banks designated by ...
Fixed Deposit (FD) interest rates: The annual returns on fixed deposit investments are fixed even amid market fluctuations and geopolitical uncertainties.
This is the second year running that the RBI has paid an interim dividend to the government; it had approved an interim payout of Rs 10000 crore last year.
Union Bank | Bank of India | UCO Bank | JSW Steel | Yes Bank | Tata Steel and Dynamatic Technologies are stocks which are in the news today.
At the heart of the matter is the lack of clarity on the tax liability on the annual fees that banks pay multinationals.
MUMBAI: The Reserve Bank of India has warned banks of an emerging digital banking fraud that can wipe out a customer's bank balance by using the Unified ...
Kolkata, Feb 21 (UNI) Srei Equipment Finance Limited ("Srei Equipment"), a wholly-owned subsidiary of Srei Infrastructure Finance Limited ("Srei"), on Thursday ...
Irrespective of what happens, the February 12 circular will always be the one that shook India Inc.
There is no harm in taking an education loan for children's higher education. Whether it is concerned parents, or even young professionals, an educational loan ...
The Enforcement Directorate (ED) on Wednesday carried out searches at multiple locations in connection with the Infrastructure Leasing & Financial Services ...
According to a report of the World-Wide Fund for Nature, Indian banks face the risk due to exposure to sectors vulnerable to water risk.
Sahaj Agrawal of Kotak Securities said investors can gradually accumulate select stocks for an expected breakout on the higher side.
China's biggest banks, including ICBC as well as CCB, are reportedly already using blockchain platforms to streamline the sale of their products.
President Ram Nath Kovind and Prime Minister Narendra Modi have greeted the people.
The Reserve Bank of India (RBI) may prod commercial banks in a scheduled meeting on Thursday to cut interest rates after its unexpected 25 basis points policy ...
TradeAssets, the blockchain-powered e-marketplace for trade finance assets, is now live with 25 banks. The first transaction was completed on February 6, and ...
New Delhi: The Reserve Bank of India (RBI) has decided to transfer an additional ₹28,000 crore as dividend to the government beyond the ₹40,000 crore it has ...
Both China and Pakistan have for long indulged in hyperbole about their 'all-weather friendship.'
In February last year, state-run Punjab National Bank disclosed that it had been hit by a massive fraud. Companies associated with diamantaires Nirav Modi and ...
Bank of Japan Governor Haruhiko Kuroda said on Tuesday the central bank was ready to ramp up stimulus if sharp yen rises hurt the economy and derail the ...
First Trust Bank Ltd increased its stake in Hdfc Bank Ltd (HDB) by 102.04% based on its latest 2018Q3 regulatory filing with the SEC. First Trust Bank Ltd Wms ...
During the preview of Q3FY19 results, CNBC-TV18 had mentioned that the said quarter could be the first quarter for listed Indian banks to register profits in the ...
Segantii Capital Management Ltd increased its stake in Hdfc Bank Lt (HDB) by 51.42% based on its latest 2018Q3 regulatory filing with the SEC. Segantii ...
Punjab National Bank (PNB) announces vacancies for 325 posts at Senior Manager and Manager Positions.
It is already dark in the New Delhi suburb of Noida on a night in December when I arrive at the home of one of the biggest YouTube stars in all of India. Yet the ...
Unitus Capital has in-depth expertise in handling investor relationships and insights, maximising engagement of impact aligned investors, and streamlining ...
Retail investors should invest in the top notch names such as HDFC, LIC Housing Finance or the bonds issued by central government undertakings since there ...
Pakistan equities Wednesday closed in green with benchmark KSE-100 Index rallying 322 points to 40,279 points level. Market kicked-off sideways and ...
India halted a key bus *service* to the Pakistani-controlled part of Kashmir, cutting the only land route linking the divided Himalayan region, Pakistani and Indian ...
Dalton Investments Llc increased its stake in Icici Bk Ltd (IBN) by 9.54% based on its latest 2018Q3 regulatory filing with the SEC. Dalton Investments Llc Opus ...
The Reserve Bank of India (RBI) has set in motion a road map for gradual reduction in statutory liquidity ratio (SLR), from the existing 19.5 per cent to 18 per cent ...
The Reserve Bank of India (RBI) on Friday said the Scheduled Commercial Banks (nationalised banks) recorded an overall credit growth over 11.8 per cent YoY ...
Contrary to belief that the Sh50 note is the most popular, CBK survey shows demand for the biggest note is highest.
Lathrop Investment Management Corp increased its stake in Acuity Brands (AYI) by 2.92% based on its latest 2018Q3 regulatory filing with the SEC. Lathrop ...
Bbva Compass Bancshares Inc decreased its stake in Sumitomo Mitsui Financial Adr (SMFG) by 12.12% based on its latest 2018Q3 regulatory filing with the ...
Indian banking sector has begun to show with the improvement in asset quality of scheduled commercial banks (SCBs) during July-September quarter this year, ...
First Trust Bank Ltd increased its stake in Hdfc Bank Ltd (HDB) by 102.04% based on its latest 2018Q3 regulatory filing with the SEC. First Trust Bank Ltd ...
A Reserve Bank of India (RBI) note based on unaudited financial statements of Scheduled Commercial Banks (SCBs) up to September 30, 2018, suggests that ...
The Reserve Bank of India (RBI) Monday asked all scheduled commercial banks with over 10 branches to appoint an internal ombudsman (IO). The central bank ...
The Indian unit of China's largest bank, the Industrial and Commercial Bank of China has set up $ 200 million fund for investing in the promising Indian micro, ...
FTA helps fuel Vietnam-Russia trade growth, US remains largest export market of Dong Nai, MB among strongest banks in Asia-Pacific, Ministry to help big cities ...
The problem escalated due to the government's focus on infrastructure during 2002-09, especially with the efforts made to promote public-private partnerships.
A fixed deposit (FDs) is a secure financial instrument offered by banks, which fetch guaranteed returns. In a fixed deposit account, money can be invested for a ...
Chhattisgarh Chief Minister Bhupesh Baghel speaks on the modalities of the loan waiver he signed on his first day in office, Naxalism, and what the Congress ...
Analysts expect Canadian Imperial Bank of Commerce (NYSE:CM) to report $2.37 EPS on February, 28.They anticipate $0.13 EPS change or 5.20% from last ...
Commercial banks led by State Bank of India (SBI), with an exposure of over Rs 4,73,500 crore to non-banking financial companies (NBFCs), have assured ...
The recent debt default by Infrastructure Leasing and Financial Services (IL&FS), a conglomerate engaged in financing and developing infrastructure projects, ...
With fixed deposit rates from small finance banks more attractive, how do you take a decision on where to deposit your money? Let's take a look at a few ...
India and China have agreed to allow the 106-year-old Bank of China to open a branch in India.
According to the Reserve Bank of India (RBI), banks will continue to face deterioration in their non-performing assets (NPAs) or bad loans due to the current ...
The restructuring of loans of commercial banks permitted by the Reserve Bank of India under the corporate debt restructuring scheme enabled the banks to ...
MUMBAI: Investments in projects are picking up, if we see the trend in bank lending over the past 40 fortnights. Banks' total credit to industry, retail and services ...
Banks are wary of lending to NBFCs due to a rising risk-perception about the sector in the aftermath of the IL&FS crisis.
India Business News: Bank Holidays in November 2018: The banks in many areas will be closed for business for 3 days this week on account of two festivals ...
India Business News: Public sector banks reported recovery of Rs 60713 crore against non-performing assets (NPAs) in the first half of the current year, which is ...
On fixed deposits up to Rs 1 crore, many lenders - from major commercial banks such as State Bank of India and HDFC Bank to small finance banks such as ...
The merger of Bank of Baroda, Vijaya Bank and Dena Bank will create the third largest lender in the country, with advances and deposits market share of 6.9% ...
The Reserve Bank of India announced guidelines for co-origination of priority sector loans by banks and NBFCs with a view to enhancing flow of funds to the ...
Today is the last day for State Bank of India (SBI) customers to apply for a free replacement of the bank's "Magstripe" or magnetic stripe card to avail a new EVM ...
Currently, the RBI applies stricter norms and not those specified under Basel III for capital adequacy, leading banks to set aside higher capital for loans.
The deadline for registering State Bank of India (SBI) internet banking with mobile number ends on November 30, 2018 i.e. today. Customers failing to register it ...
Bank holidays vary from state to state. Banks in Mumbai, rest of Maharashtra, New Delhi, Hyderabad, etc will be closed for three days Wednesday, Friday and ...
The PCA framework is applicable only to commercial banks and not extended to cooperative banks.
The Reserve Bank of India (RBI) on Tuesday released a new statistical table, showing healthy growth to the commercial sector. According to the table, the ...
India's central bank is widely expected to hike interest rates this week to shore up the troubled rupee. But an ongoing crisis in the shadow banking space could ...
Although, the rates on Post Office deposits are higher than FDs, which vary from bank to bank and tenure to tenure, you should look at all the aspects of the ...
This comes in furtherance of the Government's efforts for reforming the banking sector which is already facing the threat posed by the non-performing assets ...
The country's largest bank had in early October announced some changes in ATM rules applicable to its Classic debit cardamid growing concern over the ...
The overall credit outstanding of scheduled commercial banks on a year-on-year (YoY) basis jumped to over 4-year high of 12.2 per cent in August, 2018, even ...
For the third time in a row, banks have moved ahead of the central bank in deciding interest rates. With less than a week to go for RBI's monetary policy ...
Out of IL&FS group account, only Rs 100 crore has become NPA till now, says Rai.
MUMBAI: The prospect of a bleak future for the 15,000-strong staff at the financially-crippled Dena Bank has led the government to hasten the consolidation ...
The stable outlook is based on six parameters — operating environment, asset quality, capital, funding and liquidity, profitability and efficiency, and government ...
NEW DELHI: Stress in the banking sector is likely to remain elevated in the ongoing financial year. The gross non-performing assets (GNPA) ratio of scheduled ...
Governor administration has cleared a proposal to treat J&K Bank as PSU. How that happened, what it means.
Gross non-performing assets (GNPAs) of scheduled commercial banks rose to a staggering 11.6 per cent at the end of March 2018, up from 10.2 per cent in ...
MUMBAI: Domestic savers could get higher interest incomes as Indian banks must stump up more cash for garnering *fresh* deposits, which are now being ...
The Reserve Bank of India (RBI) later this week would take the first step to explore whether lending curbs imposed on weaker banks — better known as the ...
Small finance banks such as ESAF Small Finance Bank, Equitas Small finance Bank and Suryoday Bank offer higher interest rates on savings, fixed deposit (FD) ...
Fixed Deposit (FD) Interest Rates: Large commercial banks tend to pay a higher interest rates to senior citizens on their fixed deposits (FDs).
This action is based on deficiencies in regulatory compliance and is not intended to pronounce upon the validity of any transaction or agreement entered into by ...
Debt-ridden IL&FS, in which various corporates, as well as mutual funds and insurance firms, had invested through short-term instruments like commercial ...
NBFCs are particularly vulnerable to wholesale funding constraints in the form of high and volatile borrowing costs.
Cash Reserve Ratio is a certain minimum amount of deposit that the commercial banks have to hold as reserves with the central bank. CRR is set according to ...
The deepening crisis in the non-baking finance companies space may help commercial banks re-emerge as a primary source of lending for companies, as the ...
Nationalised Banks in India: Check the Full List of Government Banks in India 2018 and their head office details, background, history, objectives and much more ...
All commercial banks and bank deposits will continue to be insured under the Deposit Insurance and Credit Guarantee Corporation (DICGC).
The Reserve Bank of India (RBI) Friday reinforced the importance of central bank autonomy and warned that the administration's focus on short-term goals could ...
The Reserve Bank of India (RBI) on Friday kept the repo rate (key lending rate) unchanged at 6.5 per cent. Meanwhile, rupee breached the 74-mark against US ...
Indian banks reported a total loss of about Rs 70,000 crore due to frauds during the last three fiscals up to March 2018, the Rajya Sabha was informed today.
The govt covets the RBIs surplus capital. Heres why Governor Urjit Patel should hold firm.
Punjab National Bank's fraudulent transactions have brought an underlying issue to light - India's banks have more contingent liabilities than overall assets.
To increase banking connectivity, especially in rural areas, the government plans to open branches of India Post Payments Bank (IPPB) all across the country.
LifeCell had moved from a private stem cell bank to a community bank unlike a private bank that is exclusively meant for the use of the baby or its immediate ...
This is the first of two pieces on the issues plaguing the nonbanking financial company sector in India. While this piece delves into the origins of the problems ...
Japan's MUFG Bank ( formerly Bank of Tokyo-Mitsubishi UFJ) has great expectations of India. UPL chief executive Jai Shroff experienced this after Japan's ...
Rajan's note on NPAs should ring true for most stakeholders of the banking community. How many of us are guilty of the unhealthy exuberance he talks about?
India's financial markets are in the throes of a bear hug. And the core of the crisis that has shaved off Rs8.48 lakh crore ($116.33 billion) in investor wealth in the ...
IL&FS Financial Services, a group company, defaulted in payment obligations of bank loans (including interest), term and short-term deposits and failed to meet ...