Mumbai: The uncertainty around future taxable profits because of the Covid-19 virus outbreak may lead to write downs or impairments of tax assets at some
Tag: banks
student loans: IIMs want banks to go easy on student loans
New Delhi | Mumbai: India’s business schools want banks to extend student debt repayment schedules by six months or more, beyond the inbuilt moratorium that
Last-mile financiers claim banks reluctant to pass on repayment relief
Mumbai: Transmission trouble appears to be brewing again in India’s lending industry: Only that the latest episode concerns the grace period on loan payments instead
Banks start giving options to avail loan moratorium
Bengaluru | Mumbai: Banks will mostly adopt one of two methods to honour the Reserve Bank of India’s call to allow borrowers to defer loan
Coronavirus lockdown: View: Scorching summer for banks ahead amid lockdown due to Covid-19 outbreak
By Hari Hara Mishra For bankers, the approaching summer will not only bring a steady rise in temperature, but also branches and offices of the
Covid-19 in India: Banks wary of liquidity crunch
Mumbai: How many borrowers will use the moratorium on loans? It’s a key question that many banks are grappling with. Some lenders, particularly private sector
Finance Ministry asks banks to ensure adequate cash to meet cash demand post salary transfers
With salary day drawing near, the finance ministry has asked public sector banks to ensure enough cash to meet the heightened demand across the country
Mega merger of state-run banks comes into force from April 1, says RBI
MUMBAI: The schemes for the merger of ten state-run banks into four lenders are coming into force from April 1, according to the Reserve Bank
Coronavirus impact: Banks brace for payment defaults, missed targets
KOLKATA: Banks are likely to face significant defaults in payment and miss internal targets as more and more states announce lockdowns in the wake of
aditya puri: HDFC Bank’s Aditya Puri on what the RBI and govt can do to avoid a Covid meltdown
India’s longest serving bank chief Aditya Puri on Monday said that it was just a matter of time before the RBI and the government give