India grew rapidly since 2014 to become fifth largest economy: FM
banks
November 2024
October 2024
August 2024
July 2024
June 2024
PM Jan Dhan Yojana: Govt mandates KYC update at 10-yr mark – here’s how
Around 10.5 crore PMJDY accounts were opened rapidly between August 2014 and December 2014
RBI flags 'irregular practices' in gold loans by lenders; 10 key points
The RBI says banks and NBFCs must closely monitor gold loan portfolio, especially in light of significant growth in this segment; non-compliance to attract supervisory action after three months
Why many Indians are trapped in poverty, inequality
12 PSU banks collected ₹8,495 crore in penalties for minimum balance defaults between FY20-FY24, according to MoS Finance Pankaj Chaudhary
Indian companies look to international markets for growth
Around 83% of large India-headquartered corporates now employ at least one bank for cross-border trade and payments—a metric that serves as a good proxy for international operations, says CRISIL.
Only 10 Indian banks, NBFCs faced minor disruptions: RBI on Microsoft outage
The Indian financial sector in the Reserve Bank’s domain remains insulated from the global outage.
IBC returned Rs 3.4 lakh cr to banks, financial sector in eight years: IBBI Chief
Insolvency and Bankruptcy Code (IBC) will be completing eight years in two to three months. IBC has directly returned Rs 3.4 lakh crore to the creditors in the period.
National Footprint Adds to BoM’s Growth
The bank had the highest growth in total business among PSBs last fiscal, thanks to rapid expansion outside its parent state.
Personalised Services Key To Success Of Banks
With 43% of retail credit demand coming from 18-30 year age group, lenders need to set new benchmarks to cater to the needs of this cohort.
Banks' gross NPA ratio hits multi-year low of 2.8%
Indian banks have been boosted by rising profitability and declining non-performing assets.
