Public Banks

While there is still a large talent pool in state-run banks, the reality is that it may not walk in as in the past

One reason for this shift in trend could be that banks faced challenges in managing this asset class, especially after the outbreak of the Covid-19 pandemic and the resultant lockdowns

Like to discuss issues related to growth, interest rates

NPA declines to Rs 2,457 crore, compared to Rs 3,972 crore a year ago

'We have identified accounts worth Rs 11,000 crore, of which Rs 4,000 crore is technically written off', said Sharma

Indian private and PSU banks have raised around Rs 30,000 cr through two-month to one-year CDs in the two weeks to Aug. 19, sharply higher than the roughly Rs 5,000 cr in the previous two weeks

State-owned lenders, which hold large quantities if G-Secs, to face brunt of yield spike

CRISIL, in a statement, said the capital position has been supported by regular fund infusion and expectation of strong support from the majority stakeholder, the government

IPO of the bank's life insurance arm, IndiaFirst Life, likely this financial yr

Some large private banks, unlike mid-sized banks, were allowed to participate in the government's businesses even after the RBI restricted the private lenders' participation in 2012

For SBI, the immediate closing basis support stays at Rs 260 levels.

The Finance Ministry said banks have sanctioned over Rs 1 trillion concessional loans to Kisan Credit Card (KCC) holders to help farmers meet financial requirements during the COVID-19 crisis.

Here are the top business headlines on Wednesday morning

The RBI statement came on a day when the Nifty Bank index tanked by 1.30 per cent in intra-day trade amid a barrage of negative news from the sector

It has said that in the absence of specific instructions about lunch hours, there is possibility of customer complaints if the staff takes a break.

AIBEA general secretary C H Venkatachalam alleged the merger of public sector banks would mean closure of six banks

Claims he resigned for personal reasons, adds that a new person at the helm may succeed where he failed

Of these, 9 banks have already submited report to the Department of Financial Services, an official said