Thursday, May 5, 2016| Latest E-book
You are here:
Banks
#

Banks

Articles

Vijay Mallya is not cooperating in investigation: Banks tell Supreme Court

Apr 25, 2016

Vijay Mallya is not cooperating in investigation: Banks tell Supreme Court

The consortium of banks on Monday alleged in the Supreme Court that Vijay Mallya, who has been in United Kingdom, is not cooperating in the investigation of cases lodged against him and was averse to disclosing foreign assets. #Banks #NewsTracker #Supreme Court #TheySaidIt #Vijay Mallya
External Affairs Ministry revokes Vijay Mallya's passport

Apr 24, 2016

External Affairs Ministry revokes Vijay Mallya's passport

The Ministry of External Affairs (MEA) has revoked liquor baron Vijay Mallya's passport. MEA spokesperson Vikas Swarup on Sunday tweeted saying, "After having considered replies by Vijay Mallya, MEA (Ministry of External Affairs) revokes his passport under S.10(3)(c) & (h) of Passports Act." #India #Banks #Enforcement Directorate #NewsTracker #Vijay Mallya #Britain #passport #Kingfisher #MEA #Ministry of External Affairs #PMLA #Money laundering case
Gold Monetisation Scheme: Why are religious shrines, HNIs not in a hurry to part with the yellow metal?

Mar 25, 2016

Gold Monetisation Scheme: Why are religious shrines, HNIs not in a hurry to part with the yellow metal?

The rich and High Net Worth Individuals are staying away fearing the taxman might come calling on the heavy deposits they have made under GMS #Banks #HNIs #Jewellery #Tirupati #Siddhi Vinayak temple #gold monetisation scheme #Black Money Scheme #Mata Vaishneo Devi Trust
Aadhaar enabled e-KYC: Survey says banks, telecom operators can save Rs 10k cr over next 5 years

Mar 18, 2016

Aadhaar enabled e-KYC: Survey says banks, telecom operators can save Rs 10k cr over next 5 years

Besides substantial cost savings for banks and financial institutions by opening bank accounts and registering new customers, Aadhaar enabled e-KYC is significantly more efficient compared to current paper-based KYC, said MicroSave, a development consulting firm #Banks #Lok Sabha #telecom operators #e-KYC #Aadhaar Bill
The ticking NPA clock: How many crores in bad loans are weighing on Indian banks' balance sheets?

Mar 17, 2016

The ticking NPA clock: How many crores in bad loans are weighing on Indian banks' balance sheets?

Mounting bad loans on the books of Indian banks, especially state-run lenders, is a major concern of the Reserve Bank of India (RBI) and the policymakers at government. #Banks #ConnectTheDots #Raghuram Rajan #NPA #bad loans #PSBs #GNPA
Supreme Court directs RBI to give list of defaulters above Rs 500 crore

Feb 17, 2016

Supreme Court directs RBI to give list of defaulters above Rs 500 crore

he Supreme court on Wednesday asked the Reserve Bank of India to furnish a list of the companies which are in default of loans by the banks and financial institutions in access of Rs.500 crore or whose loans have been restructured under corporate debts restructuring scheme. #RBI #Banks #Supreme Court #Hudco #loans #CDS #defaulter list
Chased by banks, indebted midcaps cut informal deals with high networth individuals

Feb 16, 2016

Chased by banks, indebted midcaps cut informal deals with high networth individuals

With banks stepping up the pressure on stressed borrowers ahead of the financial year ending, many debt-laden midcap firms are learnt to be striking informal deals with high networth individuals (HNIs) for funds. #RBI #Interest rate #Banks #finance ministry #HNIs #brokers #midcaps #pledge
Banks to get commission for unlocking household gold - RBI| Reuters

Jan 22, 2016

Banks to get commission for unlocking household gold - RBI| Reuters

MUMBAI The government will pay banks a 2.5 percent commission to unlock the country's massive stash of gold under a new monetisation scheme, the RBI said, as the ambitious plan received a poor response from banks and customers. Prime Minister Narendra Modi launched the Gold Monetisation Scheme on Nov #Banks #gold imports #CAD #gold monetisation scheme #gold deposits
Banks get to offer more through off-site ATMs

Jan 14, 2016

Banks get to offer more through off-site ATMs

In a move that meant more operational freedom, RBI today allowed banks to offer all their products and services through their off-site ATMs #RBI #Banks #Technology #banking services #ATMs
Bad loans jump 50 bps to 5.1 per cent between March and September quarters: RBI

Dec 23, 2015

Bad loans jump 50 bps to 5.1 per cent between March and September quarters: RBI

According to the Financial Stability Report (FSR) released by RBI, banks' net NPAs as a percentage of the total net advances increased to 2.8 per cent as of September from 2.5 per cent in March. #RBI #Banks #NPA #bad loans #Financial Stability Report