Banks shouldn’t have majority ownership in stressed asset funds: RBI
Reserve Bank of India (RBI) governor Raghuram Rajan on Tuesday said that banks should not have majority ownership in any…
07 JUN 2016
Regulators
Home
/
Regulators
Fullerton India posts impressive growth, profit goes up by 43%
Fullerton India, one of India’s ace non-banking financial companies with an extensive pan-India presence on Friday declared its audited financial…
20 MAY 2016
SBI associates’ staff go on strike, protest proposed merger
In order to cripple bank services, over 50,000 employees of five associate banks of State Bank of India (SBI) have…
20 MAY 2016
PNB posts worst loss in Indian banking history, registers Q4 loss of Rs 5,370 cr
Government-run lender Punjab National Bank has registered the largest quarterly loss ever reported by an Indian lender. PNB posted a…
20 MAY 2016
Banks continue to reel under bad loans; five banks reported loss
Major Indian banks continue to have a nightmarish experience because of escalating bad loans in the quarter ended 31 March.…
14 MAY 2016
Debt recovery Bill referred to Joint Committee of Parliament
Finance Minister Arun Jaitley introduced the Enforcement of Security Interest and Recovery of Debt Laws and Miscellaneous Provisions (Amendment) Bill,…
12 MAY 2016
Bank unions propose nation-wide stir on July 29
In order to lodge protest against banking reforms proposed by the Union Government, United Forum of Bank Unions (UFBU) —…
12 MAY 2016
Punjab and Sind Bank posts Rs 98 cr profit in Q4
State-run Punjab and Sind Bank on Tuesday posted a profit of Rs 98.12 crore for the March quarter despite a…
11 MAY 2016
SBI launches mobile app to enable card-less payments
In a move to enable customers to make payments without swiping their cards on the point-of-sale (PoS) devices, State Bank…
05 MAY 2016
MoU between RBI and Central Bank of UAE gets green signal from Cabinet
The Union Cabinet has given its ex-post facto approval to the memorandum of understanding (MoU) between the Reserve Bank of…
05 MAY 2016
