Latest News on Iba
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Iba - Total results - 30
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Feb 14, 2019
Piyush Goyal asks banks to meet realty firms within a fortnight to understand industry issues
Finance Minister Piyush Goyal on Thursday asked banks to meet real estate sector representatives within the next fortnight to discuss the issues being faced by them -
Jan 23, 2019
Water crisis in India could further worsen bank NPA problem in power and agriculture sector: World Wildlife Fund report
Water problems could push the non-performing assets of banks higher as many lenders have loan exposure in sectors where there are risks to water resources, says a report -
Dec 25, 2018
State-run banks to go on nation-wide strike Wednesday; protesting against Vijaya Bank and Dena Bank's merger with Bank of Baroda
Services of state-owned banks are expected to be impacted on Wednesday due to a nation-wide strike call given by unions to protest against the proposed amalgamation of Vijaya Bank and Dena Bank with Bank of Baroda. This will be the second bank strike in less than a week. -
Nov 26, 2018
InterGlobe Aviation Chairman M Devadas Mallya passes away in Delhi; was ailing for two years
Mallya had served as Chairman and Managing Director of Bank of Baroda and Bank of Maharashtra -
Oct 26, 2018
Ruias bid to regain Essar Steel with late payment smells of moral hazard; banks and govt must look at non-cooperative behaviour
From all indications, the Essar Steel insolvency process shows the Ruias need to be put under a lens. -
Aug 28, 2018
Arun Jaitley blames NPA woes to 'indiscriminate lending' before and after 2008 global credit crisis
Jaitley blamed the NPA pile, which is about 12 percent of the system, and the macroeconomic problems of fiscals 2013 and 2014 to the debt-driven growth -
Aug 28, 2018
RBI deadline: Bankers see no material impact on provisioning as they are in process of resolving stressed accounts
The deadline for beginning bankruptcy process ended on Monday and the RBI has so far not come on record saying it will stick to the original direction. -
Jun 25, 2018
FinMin terms Bank of Maharashtra officials' arrests as 'aberration', not hounding bankers
Stating that the Bank of Maharashtra (BoM) incident should not be taken as bankers are being hounded, the finance ministry official said the state police action is not fair as well -
Jun 22, 2018
Bank of Maharashtra-DSK loan row: Anguished bank union rallies behind management; seeks government help
In an unprecedented move, the national bankers lobby, Indian Banks Association, on Friday unanimously rallied behind the arrested brass of the embattled Bank of Maharashtra saying the entire banking fraternity is "anguished" over the development -
May 29, 2018
State-owned banks on two-day nationwide strike from 30 May, confirms union; ATMs, salary could be hit, but no reason for panic
Apex bank union AIBEA boss C H Venkatachalam warns of likely cash crunch on Wednesday, Thursday #BankStrike #ATMs #CashCrunch #2DayBankStrike
