Finance Minister Nirmala Sitharaman once again on Saturday said the bank officials that they need not worry against any ”undue harassment” from agencies. The Finance
Category: RBI–Banks
PSU bank NPA: Financial stress worsens; Here’s what RBI estimates – The Financial Express
Even before the Reserve Bank of India (RBI) highlighted the rising stress on banks’ books in H1FY20, it had been evident that the non-performing assets
Bank deposit cover set for increase – The Hindu
DICGC proposes raising cover from the current ₹1 lakh to ₹3 lakh-₹5 lakh Following the recent incidence of fraud at the Punjab and Maharashtra Cooperative
The NPA situation: present perfect, but future tense – The Hindu
The NPA ratio for all commercial banks declined in FY19, but stressed assets inched up. Moreover, the NPA ratio of Indian banks is the poorest
Bank frauds rise to record Rs 1.13 lakh cr in H1 FY20 – The Economic Times
Frauds reported by banks during the first half of the current fiscal touched an all-time high amount of Rs 1.13 lakh crore, owing to delay
indian banks: Banks still not out of the woods; RBI sees bad loans rising in 2020 – The Economic Times
The report said state-run banks’ GNPA ratios may increase to 13.2 per cent by September 2020 from 12.7 per cent in September 2019. Mumbai: The
DICGC faces a claim of Rs 14,000 crore from co-operative banks including PMC: RBI – The Economic Times
The Deposit Insurance and Credit Guarantee Corporation (DICGC) faces a total claim of about Rs. 14,000 crores from the co-operative banks mostly urban cooperative banks
RBI Governor Shaktikanta Das wants firms, banks to do this to lift economy – The Financial Express
The RBI chief also said reviving the twin engines of consumption and investment remains the key challenges even as remaining vigilant about spillovers from global
New SBI ATM cash withdrawal rule: Do this for over Rs 10,000 from January 1 – The Financial Express
SBI ATM cash withdrawal: Withdrawing more than Rs 10,000 from an SBI ATM is going to be more secure from January 1. SBI customers will
West Bengal FM Amit Mitra’s suggestion to boost banking penetration into unbanked areas; what he says – The Financial Express
West Bengal Finance Minister Amit Mitra on Friday said the cooperative banks in the state have lent Rs 36,000 crore in the last five years
Banks’ gross NPA ratios may rise from 9.3% to 9.9% by Sept 2020: RBI | Business Standard News
The gross NPA ratio of banks stood at 9.3 per cent in March 2019. The gross non-performing asset ratio of banks may increase to 9.9
Time running out for PSBs | Business Standard Editorials
The Indian banking sector is showing signs of a turnaround after many years. The latest “Report on Trend and Progress of Banking in India 2018-19”,
RBI orders urban cooperative banks to declare exposures above Rs 5 crore–Business Today
The Reserve Bank of India has ordered major primary urban cooperative banks (UCBs) to report credit information on all borrowers that have aggregate exposures of
Time running out for PSBs | Business Standard Editorials
The Indian banking sector is showing signs of a turnaround after many years. The latest “Report on Trend and Progress of Banking in India 2018-19”, released this week
India’s bad loans highest among emerging markets: RBI | Deccan Herald
Indian lenders have the highest percentage of bad loans compared with 10 emerging economies including Brazil, China, Indonesia, Philippines and Turkey, according to and RBI
RBI warns banks over focus on retail loans – The Economic Times
The Reserve Bank of India (RBI) has red-flagged banks’ reliance of retail loans over slowing economic activity and negative consumer sentiment. The banking regulator called for a granular lending strategy
Seven Things To Fix The Economy-Ajay Chhibber – BW Businessworld
The financial year 2019-20 will go down as a terrible year in India’s economic trajectory. The drop in India’s growth was so swift, so widespread
Gross NPA ratio improves to 9.1 as of Sept end: RBI | Deccan Herald
As the bad loan recognition process nears completion, the health of the banking system has improved with the gross non-performing loan ratio remaining stable at
Total frauds at banks rise 74 pc in 2018-19: RBI | Deccan Herald
Banks reported a total fraud of Rs 71,543 crore in 2018-19, a 74 per cent increase as against Rs 41,167 crore in the previous financial
RBI may face major dilemma if inflation continues upward climb: IMF–India Today
HIGHLIGHTS The International Monetary Fund (IMF) has highlighted another dilemma the Reserve Bank of India (RBI) could face if inflation continues upward climb in future.
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