The Reserve Bank on Friday announced an asset classification standstill for three months to May 31 but asked banks to set aside additional money as
Tag: banks
RBI allows banks to maintain lower liquidity ratio
Reserve Bank of India has provided some benefits to banks like maintaining lower liquidity coverage ratio, but at the same time has asked them to
RBI: Banks set to seek NPA relaxation, guarantees from RBI
Mumbai: Staring at a double blow of rising delinquences and falling loan demand, banks are all set to request the Reserve Bank of India (RBI)
Three make the cut for HDFC Bank’s top job
Mumbai: HDFC Bank has identified three contenders to succeed CEO Aditya Puri, two people aware of the matter said. They include Sashidhar (Sashi) Jagdishan and
Depositors chase higher rates, prefer small-finance banks over big banks
Mumbai: Several private banks are struggling to convince depositors to stay put, but a clutch of small-finance banks (SFB) have no such concerns to address.
With SBI saying ‘no’, banks divided on relief to NBFCs
Mumbai | Kolkata: The banking industry is split on offering moratorium on payments to non-banking financial companies (NBFCs) with one group extending the regulator-blessed facility,
Banks are split in offering moratorium to NBFCs
The banking industry is split in the middle in offering moratorium on payments to the Non – Banking Finance Companies with one group extending the
Banks’ business correspondents seek relaxation in GST & TDS
Mumbai: Banks’ outreach agents, called as business correspondents or bank mitras, have sought for an immediate rebate on all their tax-related obligations such as GST
Loan moratorium: Banks ask customers to be cautious against frauds
Kolkata: Several banks have cautioned their customers against possible attempts by fraudsters as they became active to exploit the three-month loan repayment moratorium offer in
Keep status quo on asset classification: HC to banks
Kolkata: The Delhi High Court has given some relief to companies that have missed a loan repayment or two but whose loans were not classified