Fundraising scenario could be easing for start-ups. If you leave out the year 2015, which was an aberration, fundraising could be returning to levels seen
Category: RBI–Banks
Indian Bank trims NPA to 4.05%; Q1 profit up 21% | Business Line–22.07.2017
Indian Bank has reined in its net NPA during the first quarter of FY18. For the quarter ended June 30, net NPA was lower at
IFCI must strengthen credit appraisal mechanism | Business Line–22.07.2017
The company is not adhering to its own General Lending Policy The Comptroller & Auditor General of India (CAG) has called for strengthening of the
Karnataka Bank targets Rs 2,500-cr export credit this fiscal | Business Line–22.07.2017
Karnataka Bank Ltd is aiming to achieve an export credit target of ₹2,500 crore during the current financial year. Delivering keynote address at the forex
What does limited liability mean here?–Economic Times–21.07.2017
A bankruptcy court has reportedly ruled that a promoter cannot escape liquidation of her personal assets by simply filing for bankruptcy. Going after the personal
Now, ICICI customers can get up to Rs 15 lakh as personal loans at ATMs | Business Standard News–21.07.2017
Largest private sector lender ICICI Bank will be selling personal loans of up to Rs 15 lakh through its ATMs that can be availed of
Kotak Mahindra Bank Q1 consolidated profit up by 26% at Rs 1,347 crore | Business Standard News–21.07.2017
Private sector lender Kotak Mahindra Bank posted a 26 per cent rise in consolidated net profit for the quarter ended June 2017 (Q1), at Rs
RBL Bank net profit up 45% to Rs 141 crore in June quarter | Business Standard News–21.07.2017
RBL Bank MD & CEO Vishwavir Ahuja Private lender, RBL Bank reported a net profit of Rs 141 crore for the June qaurter. This rise
What does limited liability mean here?–Economic Times–20.07.2017
A bankruptcy court has reportedly ruled that a promoter cannot escape liquidation of her personal assets by simply filing for bankruptcy. Going after the personal
Bad loans crisis: In shocking revelation, banks may take Rs 2.4 lakh crore haircut just to resolve 50 top NPA accounts – The Financial Express–20.07.2017
The report said the economic value method has been applied to arrive at the sustainable level of debt. Banks may have to take a haircut
[ IBC Law ] More steel to lenders | Business Line
The Gujarat High Court verdict in the Essar Steel case sanctifies the IBC process and strengthens the hands of lenders Counter-intuitive as it might
Canara Bank Q1 profit up 10% | Business Line–20.07.2017
Aided by lower deposit costs, improvement in interest & non-interest incomes Reduction in cost of deposits and improvement in net interest income and non-interest income
Bad loan crisis: Crackdown by banks sends borrowers scrambling to offer solutions – The Financial Express–19.07.2017
A large number of these borrowers are from the steel, power and telecom sectors. (Reuters) Indian banks are beginning to spot a welcome change in
Aadhaar, PAN, bank account linking: Here is why you must complete the linkage – The Financial Express–19.07.2017
One of the first targets of Aadhaar was the mobile number. As a standalone document Aadhaar was just a proof of identity, but it
IIP growth: Why banks have to rework strategies, make capital available – The Financial Express–19.07.2017
The industrial growth number for May is quite disappointing as it does indicate that there are still few signs of the expected economic turnaround. Add
500 NPA cases identified by RBI to get equal priority | Business Standard News–19.07.2017
The Gujarat High Court order would result in all 500 non-performing assets (NPAs) identified by the Reserve Bank of India (RBI) getting equal priority, compared
Fino payments bank expects to be profitable by 2020 | Business Line–19.07.2017
Looking to mobilise deposits of ₹10,000 cr over the next three years, says MD Mumbai, July 18: Fino Paytech has launched its banking operations, adding
private sector banks: A look at how laggards like Lakshmi Vilas Bank, Federal Bank and DCB Bank are scripting a turnaround–Economic Times–19.07.2017
Lakshmi Vilas Bank, Federal Bank, South Indian Bank, DCB Bank, Karur Vysya Bank, Karnataka Bank are on a roll when the banking industry dominated by
Insolvency: Landmark bankruptcy ruling: Loan defaulters’ personal wealth can now be auctioned–Economic Times–19.07.2017
The court has ordered lenders to go after the personal properties of M/s Schweitzer Systemtek India though the company brought in voluntary bankruptcy proceedings. MUMBAI:
SBI: SBI launches realty website to facilitate home buyers–Economic Times–19.07.2017
Country’s largest lender State Bank of India has taken yet another step to boost its home loans, billed as a safe bet for lenders that
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