Latest News on Foreign Banks
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Foreign Banks - Total results - 22
Apr 08, 2019
Jet Airways defaults yet again, delays payments to foreign banks this time; emergency funding may decline to Rs 200 croreThe debt-laden Jet Airways had missed the due date in end March and reportedly approached the MNC banks to avert any stern action against the airline.
Aug 21, 2018
NPA resolution: Sunil Mehta-led panel to issue operational guidelines for inter-creditor agreementThe inter-creditor agreement (ICA), under the Project Sashakt, seeks to resolve loans under Rs 50 crore or more which are under consortium lending but under Rs 500 crore
Jul 04, 2018
Reserve Bank of India grants licence to Bank of China to operate hereRBI approval follows Prime Minister Narendra Modi's commitment that India would expedite procedures to allow the BoC to set up branches in India.
Dec 21, 2016
RBI penalises five foreign banks for flouting FEMAThe Reserve Bank of India imposed a penalty of Rs 10,000 each on Bank of America, Bank of Tokyo Mitsubishi, The Royal Bank of Scotland and Standard Chartered Bank. Deutsche Bank was penalised Rs 20,000
Jul 21, 2016
Wilful defaulters accounts at 5,610, NPAs Rs 5.39 lakh cr, says bank staff unionIn nationalised banks, a total of 3,192 accounts were those of wilful defaulters, who owe a sum of Rs 28,775 crore.
Jun 22, 2016
Make financial sector a pillar of future economic growth: World Bank tells govt and RBIOne set of reforms are structural and relate to making the financial sector more market-oriented and competitive, while the other revolves around addressing the problem of NPAs
May 21, 2016
Why banks need to recognise NPA problem at the earliest to preserve economic value of their assetsA careful analysis of the figures present by Mundra shows that while PSBs increased their profits (between 2012-13 and 2015-16) by 110% (see chart) Indian private sector banks increased their profits by 175%
May 13, 2016
RBI allows more foreign stake in private sector banksThe Reserve Bank of India has allowed foreign banks higher shareholding in private sector lenders in the country under exceptional situations as it tweaked the guidelines, against the backdrop of norms on licensing of new banks.
May 11, 2016
Foreign banks not expanding as India's credit rating risky: Raghuram RajanIndia has been assigned lowest investment grade rating with a high risk profile by various global agencies
Jan 20, 2015
More interested in getting back black money than disclosing names of evaders: SCSC said it was more interested in getting the black money abroad back to India than the disclosure of names of illegal account holders in foreign banks.