After Crisil, ICRA Cuts Rating Of DHFLs ₹850-crore CP
A day after Crisil Ratings downgraded commercial paper worth ₹850 crore of housing finance company Dewan Housing Fina... Read more
UCO Banks Q4 Loss Shrinks To ₹1,552 Cr
UCO Bank is hopeful of turning profitable and coming out of the RBI’s Prompt Corrective Action (PCA) framework by the ... Read more
Union Bank Loss Widens To ₹3,369 Cr
Weighed down by huge loan-loss provisions, Union Bank of India’s net loss widened to ₹3,369 crore in the fourth quar... Read more
As IBC Pressure Mounts, Borrowers Hasten To Pay Up
This has led to slower accretion of NPAs in the banking system, says Crisil Ratings Read more
United Bank Of India To Consider All Options To Step Up Recovery
Aims to recover up to ₹5,000 crore in FY20 Read more
Indian Bank Posts Q4 Loss Of ₹190 Cr
Indian Bank posted a net loss of ₹190 crore for the fourth quarter of financial year 2018-19, against a net profit o... Read more
Why A Pick-up In Inflation May Not Bother The RBI
Inflation in India is rebounding and is on course to accelerate after the world’s biggest election concludes this mont... Read more
Facing Liquidity Squeeze, NBFCs/HFCs Pin Hopes On Banks To Resume Lending
See securitisation as short-term solution Read more
HMSI Partners With IDFC FIRST Bank To Offer Financing Solutions
Honda Motorcycle & Scooter India (HMSI) on Tuesday said it has partnered with IDFC FIRST Bank to provide financing s... Read more
G7 Countries To Simulate Cross-border Cyber Attack On Banks
Financial watchdogs are preparing one of the broadest war-gaming exercises to test the effect of a cyber attack that dis... Read more
Paytm Launches Cash-back Driven Credit Card With Citi Bank
Paytm First Card to offer unlimited 1% cash-back on purchases Read more
Andhra Bank Posts Rs 1,234-cr Net Loss In Q4
Andhra Bank has posted a net loss of Rs 1,234 crore in the fourth quarter ended March 31, 2019.Compared to a net loss of... Read more
Rising Balance In Jan Dhan Accounts Spells Windfall For Banks
The no-frills deposits drive growth in CASA Read more
Introduction Of New Pension Scheme In SBI Has No Legal Effect, Rules Kerala High Court
The High Court of Kerala has declared that the introduction of Defined Contributory Pension Scheme/New Pension Scheme (... Read more
SBI To Seek Consultants Help To Draw Up Long-term Growth Plan
Bank wants to improve Return on Assets and pre-provisions operating profit Read more