RBI Warns Of Bad Loan Spike, Pencils NPAs At 8.1-9.5% By Sep
Mumbai- Gross bad loans of banks may rise from 6.9 per cent in September 2021 to 8.1-9.5 per cent by September 2022 if the...
The Rise and Fall of Ripple is a Case Study in Mass Hysteria
Bitcoin is a cryptocurrency and worldwide payment system. It is the first decentralized digital currency, as the system works without a central bank or...
Baldev Prakash Takes Charge As J&K Bank’s First MD & CEO
SRINAGAR- Baldev Prakash Thursday joined the J&K Bank as its first Managing Director & Chief Executive Officer (MD & CEO). Bank’s Executive President Sunil...
Govt To Soon Clear List Of Independent Directors For Various Banks
NEW DELHI- The government is expected soon to clear a list of independent directors to be appointed on various public sector banks and financial...
Banks’ Better NPA Recovery, Declined Provisioning To Continue In 2022: ICRA
New Delhi- The recent improvement in recovery of the non-performing assets and decline in provisioning of loans in the banking sector is expected to...
Probe Agency Attaches Assets Worth Rs 100-Crore In Bank Loan Fraud Case
New Delhi- The Enforcement Directorate on Thursday said it has attached assets worth Rs 100 crore of a "habitual offender", who took new loans...
Banks Need To Bolster Capital, Strengthen Corporate Governance: RBI
Mumbai- Indian banks need to bolster their capital positions, build adequate buffers and strengthen corporate governance to deal with emerging risks as the economy...
Square’s Cash App Adds Option to Buy and Sell Bitcoin
Bitcoin is a cryptocurrency and worldwide payment system. It is the first decentralized digital currency, as the system works without a central bank or...
FM Asks banks to work with state govts to push one district, one product’...
Mumbai (PTI) Finance Minister Nirmala Sitharaman on Wednesday said she has requested banks to work with all state governments to push the one district,...
PSU Bank Employees To Go On Two-Day Strike From Today; Services Likely To Be...
NEW DELHI/MUMBAI- Close to nine lakh employees of various state-run banks will go on a two-day nation-wide strike beginning Thursday to protest against the...