Banks in India and China will continue to face pressures on their asset quality, profitability over next 12-24 years, report said
Concerns on asset quality has stabilised
Since its launch, the bank has mobilised close to Rs 15,000 crore deposits
Piyush Goyal said World Bank has approved a loan of Rs 4,228 crore and a grant of Rs 34.50 crore from clean technology fund for the grid connected rooftop solar programme in May 2016
Corporate sector continues to face headwinds
Policymakers tied consideration of further rate increases to 'additional data on the consequences of the UK vote'
SBI holds a 35% stake, the Centre 50%, and the respective state governments 15% in each of the five RRBs in the North East.
Refinancing firm to raise Rs 1,000 cr via bonds
The RBI report shows that the risks to the banking system have "worsened significantly," as companies may not be paying back loans fast enough
The reporting requirement of commercial papers and unhedged forex (foreign exchange) exposures of borrowers were yet to be implemented
Here is a list the remuneration of bosses of top Indian banks
Jaitley will have a meeting with CEOs of public sector banks tomorrow to discuss various key challenges facing the banking sector
Against the current infusion plans of Rs 25,000 crore, banks may seek more after they reported Rs 20,000 crore losses in FY16
Sops for overworked bankers miss real problem
Move is to protest implementation of banking reforms; asks Centre & RBI to take criminal action against willful defaulters
The rating agency is of the view that it will take a strong economic growth for the overall debt burden to fall
Lenders taking up incubator-style roles with small investments in start-ups
As revenue intelligence and central security agencies looking into money laundering and financial fraud cases.
Constitute nearly 1/3rd of total write-offs in some cases; SBI's recovery stood at Rs 11,566 crore against a write off of Rs 41,641 crore in ten years, The Indian Express reports
As per norms, matter of granting sanction for prosecution has to be decided within four months