Page 27 - Banks

63% banks report decline in NPA in infra sector in six months: Ficci-IBA

57 per cent of banks surveyed said engineering goods has seen a reduction in NPA levels

Banks to get two-year guarantee to purchase 'pooled assets' of NBFCs

The government has allowed the NBFCs and HFCs to buy back their assets 'after a specified period of 12 months' as a repurchase transaction, on a right of first refusal basis

Basic savings accounts in co-op banks should be made free, says RBI

The BSBD Account shall be considered a normal banking service available to all, RBI said

Valuations of banks could go up in 12 months: Morgan Stanley's Anil Agarwal

The challenge for wholesale-funded institutions whether it's a bank, non-bank or housing finance company, is that they cannot lend because they are struggling with liquidity, says Anil Agarwal

No, private sector banks were not blameless; nationalisation was inevitable

Bank nationalisation was not driven by leftist ideology but by a sense of drift in the country and by banks dragging their feet on serving rural areas

Sector watch: Are banks looking at a stable June 2019 quarter?

Experts see stability to return to the liquidity-crisis hit sector, but caution that the financial sector is not completely out of the woods yet

Injunction On Bank Guarantee Upheld

Injunction On Bank Guarantee Upheld

State-run banks may get flexibility in deciding employees' salaries

Workmen and officer unions likely to hammer out separate deals

Bank digitisation creates new jobs: Robot programmer to blockchain expert

The shift towards digitisation has also led to the growing importance of digital officer

Wilful defaulters in nationalised banks up by 60% in five years: Govt

Recovery of Rs 7,654 crore has been done from wilful defaulters' accounts during the last five financial years, said the Finance Minister

Banks want current tax benefits extended to three-year deposits

Non-banking finance firms sought an exemption from the requirement to deduct tax at source (TDS) for interest payments

Bank credit, deposit growth lose momentum; non-food credit increases 11.9%

Non-food credit increased 11.9% in April from 10.7 percent in April 2018

Travails of a 'priority' customer

One of the pleasures of visiting your bank branch in a small town is that you are immediately shown into the manager's room

Investors likely to be tight-fisted as private banks look to raise capital

As a clutch of private banks set out to raise capital, the quality of assets and governance will hold the key more than ever before as to how the sector is seen from hereon

Banks take 57% haircut in 94 cases worth Rs 1.75 trillion resolved in FY19

As of March, there were 1,143 cases pending at various bankruptcy tribunals, and 32 percent of them are pending for over 270 days

Banks loosen purse strings for corporate sector; lending picks up in FY19

In FY17, credit to the industry witnessed de-growth of 1.9%, and on that base, credit grew 0.8% in FY18

TTD fixed deposits in several banks crosses Rs 12,000 crore mark

The temple official said the over 2000-year-old Lord Venkateswara temple was growing richer by the year with an annual income of about Rs 31 billion

Debt carrying same risk as equity

The risk is especially high in long-term debt instruments

Banks to lead earnings growth in Q4; Nifty50 firms' profit may grow by 23%

Earnings of Nifty50 firms may grow by 23.6% in March quarter despite 10-quarter low revenue growth

Tattooed models, fashion shows: This bank is doing all to woo young talent

Banks today are not really banks like they were years ago,' Danske Bank's head of real estate