Latest News on Banking Sector
Showing of 0 - 10 from 110 results
Banking Sector - Total results - 110
Apr 03, 2019
SC quashes RBI’s 12 February circular: Judiciary has watered down India’s hard-won reform progress on quicker NPA resolutionThe judiciary should have let the RBI run the NPA clean up process in the way it deems fit but decided to meddle with the process.
Apr 01, 2019
BoB, Dena and Vijaya Bank merger: India’s third-largest lender is here, but does this exercise make real sense?This is a merger of two healthy banks with one weak, capital-starved, NPA-ridden candidate and it is easy to see who stands to gain the most
Mar 01, 2019
GDP at 6-quarter low of 6.6%: Growth numbers may not be telling us whole story yet; reality is often masked in statisticsPost the disappointing October-December GDP figures, achieving even 7% full year growth seems to be a tough task for Indian economy
Feb 22, 2019
EPF interest hike by 10 bps is significant: It gives savers higher returns but banks have to walk tightrope nowWith the EPF announcing an increase in the rate by 10 bps is significant because the organization belongs to the government
Jan 28, 2019
Finance Minister Piyush Goyal to meet CEOs of public sector banks today, discuss ways to improve financial healthPiyush Goyal, who was given additional charge of the finance ministry last Wednesday as Arun Jaitley is away to the US for a treatment, is his expected to discuss a host of issues including credit offtake and bad loan position of lenders.
Jan 08, 2019
Trade unions strike: Banking operations partially affected; SBI, private sector banks remain unaffectedAIBEA and the BEFI have supported the strike, which impacted banking operations where these two unions are strong
Jan 03, 2019
Bank of Baroda, Dena, Vijaya Bank merger: No real winners here; one bad apple can spoil the whole bunchThis is a merger of two healthy banks with one weak, capital-starved, NPA-ridden candidate and it is easy to see who stands to gain the most
Jan 01, 2019
Year 2018 showed us farmer suicides and agri distress aren't fake news; will 2019 be any different for the kisan?Suicides by farmers despite the rollout of freebies should be an important lesson to the government that waiving off farm loans is hardly a way to address farm distress, either in the short-term or long-term.
Dec 26, 2018
Year of exits: Borrowers left country as loans went kaput; CEOs forced to leave and RBI governor quits tooShikha Sharma was denied extension by the RBI as managing director of Axis Bank, the third largest private sector lender.
Dec 13, 2018
Shaktikanta Das says RBI will consult more closely with govt on policy issues, focus on banking sectorWhile offering assurances that he would defend the RBI's autonomy, Das said it also needed to take the government’s views on board.