The various initiatives announced by the government on Wednesday to support micro, small and medium enterprises (MSMEs) will encourage banks to lend more to the sector, bankers said
Bankers believed that some safety net has to be created for both industry and banks for survival first, sources said, adding, revival would follow.
The second set of measures announced by RBI for the COVID-19 pandemic-stricken economy got a thumbs-up from bankers who welcomed the steps taken as per the evolving market conditions
Coronavirus Outbreak: No dearth of cash, prepared to meet any demand during nationwide lockdown, say bankers
Banks have enough cash to meet any demand in view of nationwide lockdown and Direct Benefit Transfer (DBT) commitments under Rs 1.7 lakh crore Pradhan Mantri Garib Kalyan Yojana package
The country needs to double credit growth to 15 percent to become a $5 trillion economy by 2024-25, say bankers
RBI monetary policy: Bankers, analysts hail liquidity boosting policy measures; say its 'quite progressive and forward looking'
Bankers and analysts were positively surprised with the slew of liquidity-enabling measures announced in an otherwise expected RBI monetary policy that left the key rates unchanged at 5.15 percent
Public sector banks' merger to act as building block for $5 trillion economy target, says Finance Secretary Rajiv Kumar
The government on Friday unveiled a mega plan to merge 10 public sector banks into four as part of plans to create fewer and stronger global-sized lenders
Reserve Bank governor Shaktikanta Das on Thursday met bankers and discussed the delay in policy rates cuts to lending rates reductions
Supreme Court verdict on IBC: Indian banks’ fight against bad loans has just got a thumbs-up from judiciary
The intent and purpose behind the enactment of the IBC was to pave the way for expeditious resolution of the burgeoning pile of non-performing assets in the financial sector.
The banking sector is grappling rising NPAs which touched Rs 8.99 trillion or 10.11 percent of the total advances at December-end 2017.
Bankers will be updated with the pick up in projects in highways sector and would listen to their problems.
Moody's Investors Service on Friday raised India's sovereign rating for the first time in 13 years, saying growth prospects have improved with continued progress on economic and institutional reforms.
Demonetisation: Bankers say move was good for them as it brought in more deposits, boosted digitisation
On November 8 last year, the Modi government demonetised Rs 500 and Rs 1,000 notes as part of its drive against black money, counterfeit notes and corruptionnetisation was good for them as it resulted in higher deposits and pushed digitisation at a faster pace
Toshiba board is being asked seriously consider alternatives, people with direct knowledge of the sale process said - including picking a new buyer.
The CVC is supervising CBI's probe in 10 top bank fraud cases, including one involving fugitive businessman Vijay Mallya.
Journalists' excessive consumption of alcohol and caffeine leads their brains to function below par, but the love for their job protects their mental resilience, MIT scientists claim.
Bankers made this proposal in their pre-budget proposal with the finance ministry
New York Governor Andrew Cuomo on Tuesday issued long-anticipated proposed cyber security regulations for banks and insurers in the state, the first of their kind in the United States by any state or federal agency, the governor said in a statement.
Reacting to the PM’s comment that upon taking charge he had called a meeting of top bankers to assure non-interference, Chidambaram said if the banks were in a bad shape, it was not because of political interference.
SBI MD (compliance & risks) PK Gupta said for large infrastructure projects ability to raise funds from market before completion could get restricted due to reasons like not having credit rating