In Digital Push, RBI Nixes NEFT Fee For SB A/c Customers From Jan
There’s good news for customers in the New Year. As part of its agenda for furthering digital payments, the Reserve Ba... Read more
IDBI Banks Net Loss Narrows To ₹3,459 Cr
IDBI Bank’s net loss in the September quarter has narrowed to ₹3,459 crore, against a net loss of ₹3,602 crore in ... Read more
Allahabad Bank Loss Widens To ₹2,114 Cr
Our BureauDragged down by higher provisioning, Allahabad Bank saw its losses widening to ₹2,114 crore for the quarter ... Read more
Bank Of Baroda Q2: Weak Core Performance And Higher Slippages Suggest Pain In The Coming Quarters
Bank of Baroda, after the merger with Vijaya and Dena Bank, continues to witness pressure on profitability and asset qua... Read more
IDBI Bank Q2: Continues To Report Loss, Net NPA Falls Sharply
Infusion of Rs 9,300 crore by LIC and government has helped absorb provisions and improve capital ratios Read more
Bank Of Baroda Q2 Net Soars 73% To ₹737 Cr
State-owned lender Bank of Baroda posted a 73.2 per cent jump in its July-September quarter net profit at ₹736.68 cror... Read more
Indian Bank, Muthoot Microfin Sign MoU
Public sector Indian Bank on Friday said it has signed a memorandum of understanding with Muthoot Microfinance to serve ... Read more
LIC Has A Long Way To Go, Says Chairman
Servicing 31 crore policy holders is no simple task for any organisation, but Life Insurance Corporation of India (LIC) ... Read more
SEBI Directive: Banks Start Disclosing Divergence In Asset Classification And Provisioning
United Bank of India, Union Bank of India, Indian Bank and Corporation Bank have so far made disclosure of divergences a... Read more
Banks Start Disclosing Divergence In Asset Classification And Provisioning
Our BureauUnited Bank of India, Union Bank of India, Indian Bank, and Corporation Bank have so far made disclosure of di... Read more
Interest/principal Obligations On NCDs Due On November 2 Delayed, Says Reliance Capital
Reliance Capital has disclosed that interest/ principal obligations on its non-convertible debentures (NCDs) carrying fi... Read more
ECL Finance Ltd Announces New NCD Issue
The issue opens on November 4th, 2019 Read more
China Promotes Using Blockchain, Artificial Intelligence To Gain From Digital Finance
Earlier last week, President Xi Jinping at the party’s Politburo pledged to speed up the development of the digital te... Read more
Non-scheduled Urban Coop Banks Seek Ease In Provisioning Norms
These banks fear that their deposits in PMC Bank will turn into non-performing investments Read more
SVC Bank Denies Reports On Merger With PMC Bank
The SVC Co-operative Bank has denied reports of merger with the crisis-hit Punjab and Maharashtra Co-operative (PMC) Ban... Read more