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Total 236 results found. Search for [ IBA ]

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November 12, 2020
Current hike in salaries would lead to an increase of about Rs 7,898 crore in wage bill of banking industry. Memorandum regarding hike in salaries was signed between banks and several banking unions over three months back in July

October 17, 2020
IBA is an association of banks, financial institutions and others that deals with resolving generic and industry level issues of its members

October 5, 2020
In the hearing conducted through video conferencing, the top court took note of the grievances that various sectors such as real estate have been left out under the new proposal by the Centre

September 22, 2020
Minister of State for Finance Anurag Thakur told Lok Sabha in a written reply last week that the printing of banknotes is done by the government in consultation with the RBI

September 9, 2020
Financial services would be made available from October. Bank customers would be able to avail these services at nominal charges

Anand Adhikari
New Delhi, July 27, 2020
In his book, Patel is also critical of Mudra loans where government has set targets in the past for banks to give collateral-free loans up to Rs 10 lakh. Currently, the NPAs in the Mudra loans are one of the highest, even reaching 20 per cent-plus level for some PSBs

July 23, 2020
Under the agreement reached on Wednesday, Performance Linked Incentive (PLI) will also be introduced for public sector bank staff and it will be based on operating or net profit of individual banks concerned

June 19, 2020
He said that government has taken steps to make direct bank transfers, a lot of emphasis on helping the MSMEs and announced reforms in the areas of agriculture, defence and mining for creating a favourable investment climate

Anand Adhikari
New Delhi, May 27, 2020
Changes in RBI mandate, new infra financing models and rules for new-age banks can rev up the banking engines

Nirbhay Kumar
New Delhi, May 20, 2020
Grappling with lockdown challenges, the smaller firms want the government to speed up payments of dues owed by public sector enterprises (PSEs)

May 13, 2020
The banks have proposed that the government set up an asset reconstruction company (ARC) to initially buy non-performing loans worth up to a total of 1 trillion rupees ($13.3 billion)

New Delhi, May 7, 2020
A bank may, over the years, accumulate a large portfolio of debts or other financial instruments which unexpectedly increase in risk, making it difficult for it to raise capital

April 30, 2020
With the customers grounded, airlines are rushing to turn passenger planes into temporary cargo carriers, instead of lavishing on advertising on business travellers and tourists

New Delhi, April 27, 2020
\"I welcome the RBI's announcement of a Rs 50,000 crore special liquidity facility for Mutual Funds. I am glad that RBI has taken note of the concerns expressed two days ago and requesting prompt action,\" Chidambaram tweeted

New Delhi, April 25, 2020
Coronavirus impact: Franklin Templeton's decision to close six funds comes as liquidity dries up in the Indian financial system. Chidambaram said that the closure of the funds was of grave concern

Anand Adhikari
April 24, 2020
Reserve Bank of India may revisit old corporate debt restructuring schemes as current regulatory framework of dealing with stressed assets would only accelerate bankruptcies

April 15, 2020
Last week, SBI chairman Rajnish Kumar had said banks through IBA will request for raising the loan moratorium period from the existing three months to may be 5-6 months depending on evolving situation

Anand Adhikari
April 8, 2020
Reserve Bank of India (RBI) in its COVID-19 package has said that all commercial banks, cooperative banks and NBFCs including MFIs and housing finance companies are permitted to provide a moratorium on all kinds of term loans

March 31, 2020
Banks are expecting a huge number of footfalls due to expected disbursement in Jan Dhan accounts, women beneficiaries, pension accounts and PM Kisan beneficiaries

March 23, 2020
Coronavirus updates: Cash deposits and withdrawals, clearing of cheques, remittances and government transaction, all these essential activities will continue in all bank branches from March 23

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