Inflating education loan NPAs burdening stressed banks
Adding more stress to the already grim situation of banks, rising default payments of education loans have worsened the burden…
24 DEC 2017
NPAs
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RBI places United Bank of India under corrective action plan
In a bid to ensure corrective measures, the Reserve Bank of India (RBI) has directed United Bank of India (UBI)…
21 DEC 2017
AIBEA opposes CII’s proposal on PSU banks’ stake dilution
The All India Bank Employees’ Association (AIBEA) has shown it’s strong opposing against the recommendation of the Confederation of Indian…
19 DEC 2017
RBI restricts Corporation Bank from certain banking activities as its NPAs crosses 10%
The Reserve Bank of India (RBI) has restricted Corporation Bank from carrying out certain banking activities due to a sharp…
14 DEC 2017
Govt likely to table FRDI Bill in Winter Session amidst oppositions
The Central Government is expected to table the Financial Resolution and Deposit Insurance Bill, 2017, or FRDI Bill, in the…
01 DEC 2017
Finance Ministry directs PSBs to submit fund-raising plans in a month
As a part of its recapitalisation plans, the finance ministry has directed all the state-run banks to submit their fund-raising…
16 NOV 2017
Wilful Defaulters Cleansing in the Indian Banking System
The growth and financial stability of a country depend on the financial soundness of its banking system. One of the…
21 OCT 2017
RBI’s ‘operation clean-up’ helps PSBs contain bad loans in Q1
The launch of “clean-up” operation by RBI Governor Raghuram Rajan has apparently started showing results, as some public sector banks…
16 AUG 2016
FinMin nod to 1st round of capital infusion in PSBs likely soon
In line with its announcement earlier, the Finance Ministry is likely to soon clear the first round of capital infusion…
19 JUL 2016
