RBI Seeks Details Of Banks’ Exposure To Adani Group
Mumbai- The Reserve Bank of India (RBI) has sought details about lenders' exposures to the Adani Group, banking sources said, a day after the...
Jammu and Kashmir Bank Q3 Net Profit Rises 79% To Rs 311.59 Crore
Srinagar- Jammu and Kashmir Bank on Monday said its December quarter net profit rose 79 per cent to Rs 311.59 crore.
The net profit rose...
Govt May Not Announce Capital Infusion For PSU Banks In Budget 2022-23
New Delhi- The government is unlikely to announce capital infusion for public sector banks (PSBs) in the upcoming Budget, as their financial health has...
RBI Tweaks Norms Related To Acquisition For Banks
Mumbai- The Reserve Bank of India on Monday tweaked norms related to acquisition and holding of shares in banks to ensure that their ultimate...
Banks Raise Record Rs 91,500 Crore In Debt Capital In FY23 So Far: Report
New Delhi- Amid tight liquidity condition, banks have issued a record quantum of bonds, with gross issuances hitting an all-time high of Rs 91,500...
Customers Need Not Visit Bank To Update KYC, Says RBI
NEW DELHI- Bank account holders are no longer required to visit their bank branches to update 'know your customer' (KYC) details provided they have...
Issues Related To Cards, Mobile, Net Banking Top Complaint Areas At Banking Ombudsman: RBI
Mumbai- Issues related to ATM/debit cards and mobile/electronic banking were the top grounds of complaints received at the Office of Banking Ombudsman (OBO) during...
J&K Bank Raises Rs 1000 Crore Capital As Tier-II Bonds
Srinagar- Jammu and Kashmir Bank on Saturday said it has raised Rs 1,021 crore as Tier-II bonds from the market as part of its...
Banks Write Off Loans Worth Rs 11.17 Lakh Crore In Last 6 Years
New Delhi- Banks have written off Rs 11.17 lakh crore bad loans from their books in the last six years till financial year 2021-22,...
Banks Wrote Off NPAs Over 10 Lakh Crore In Last Five Financial Years: FM
New Delhi- Banks have written off bad loans worth Rs 10,09,511 crore during the last five financial years, finance minister Nirmala Sitharaman informed Parliament on...