Bankers

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

India needs to double credit growth to 15% to achieve $5 trillion economy target by FY25: Bankers

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

RBI governor Shaktikanta Das asks bankers why they aren't cutting lending rates

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.

Bad loans issue: Raghuram Rajan called by Parliamentary panel to brief on mounting NPAs

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 should tap into opportunities in highways sector, says Nitin Gadkari

Bankers will be updated with the pick up in projects in highways sector and would listen to their problems.

Financial sector honchos hail Moody's sovereign rating upgrade for India

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