Top 50 Wilful Defaulters Owe Rs 87,295 Crore To Banks
New Delhi- The finance ministry on Tuesday said top 50 wilful defaulters including Gitanjali Gems Limited, Era Infra Engineering Limited, REI Agro Limited, and...
Indians’ Funds In Swiss Banks Down 11% To Rs 30k Cr On Dip In...
New Delhi/Zurich- Funds parked by Indian individuals and firms in Swiss banks, including through India-based branches and other financial institutions, declined by 11 per...
J&K Bank Presents Dividend Cheques Worth Rs 30 Cr To LG
Srinagar- Initiating the payment of dividend to share-holders of J&K Bank after seven years, MD & CEO Baldev Prakash on Friday presented two cheques...
Higher Risk Weight On Unsecured Bank Loans Credit Positive: Moody’s
New Delhi- The RBI's decision to tighten norms for unsecured personal loans is credit positive because lenders will need to allocate higher capital for...
RBI Proposes Stringent Norms For Wilful Defaulters
Mumbai- The Reserve Bank on Thursday proposed tighter norms for treatment of wilful defaulters under which banks and other lenders will be required to...
J&K Bank Organizes 3rd Bank-Wide Customer-Meets
Customer feedback always encourages us to do better: Baldev Prakash
Srinagar- As a responsible financial institution playing key role in the economic development of its...
RBI Guv Asks Banks To Remain Vigilant Against Build-Up Of Risks
Mumbai- RBI Governor Shaktikanta Das on Wednesday asked banks to remain vigilant against build-up of risks in the banking system as there is no...
RBI To Introduce Offline E-Rupee Transactions Soon: Das
Mumbai- Digital rupee users will soon be able to execute transactions in areas with limited internet connectivity as the RBI on Thursday announced that...
Automatic Payment Limit Via UPI Raised To Rs 1 Lakh: RBI
Mumbai- The Reserve Bank of India on Tuesday increased the limit for automatic payments through UPI to Rs 1 lakh per transaction from the...
RBI Permits Banks To Issue Pre-Paid Instruments For Payments Across Public Transport Systems
Mumbai- Reserve Bank of India (RBI) on Friday permitted banks and non-banking institutions to issue pre-paid instruments for making payments across various public transport...