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BusinessToday.In
New Delhi, September 9, 2019
SBI rate cuts: The new rates will be effective from Tuesday. This is the third rate reduction announced by SBI in the current fiscal year.


PTI
New Delhi, September 8, 2019
As many as 1,197 cases of cheating involving Rs 12,012.77 crore were detected in SBI in the first quarter, says the RBI reply


PTI
September 8, 2019



PTI
September 8, 2019



Dipak Mondal
New Delhi, September 6, 2019
The NCLAT has said promoters of the group can't be disallowed from applying for one-time settlement and withdrawal of insolvency proceedings against the company they promised to pay the money required for one-time settlement


PTI
August 30, 2019



PTI
August 30, 2019
Finance Minister Nirmala Sitharaman on Friday said the profitability of public sector banks has improved and total gross non-performing assets have come down to Rs 7.9 lakh crore at end-March 2019 from Rs 8.65 lakh crore at end-December 2018.


PTI
August 30, 2019



BusinessToday.In
New Delhi, August 30, 2019
Canara Bank and Syndicate Bank to merge: Canara Bank currently has 58,350 employees and Syndicate Bank has 31,535 employees.


Prasanna Mohanty
August 30, 2019
Gross NPAs of the PSBs stood at Rs 8.06 lakh crore on March 31, 2019, even after a sum of Rs 3.12 lakh crore was written off between FY15 and FY18; credit growth was a mere 9.6% as against 13.2% for the SCBs


BusinessToday.In
New Delhi, August 30, 2019
Bank frauds went up in FY18, says RBI report, Chidambaram to remain in CBI custody till Sep 2, Ambani calls Amit Shah 'Karmyogi', free rides for women on DTC buses and more news on News Blast.


PTI
August 30, 2019



BusinessToday.In
New Delhi, August 30, 2019
Bank frauds increased by 15% in FY19; amount defrauded spikes 73.8%: RBI ReportIn the Reserve Bank of India (RBI) annual report 2019, the apex bank said that frauds reported by banks increased by 15 per cent on a year-on-year basis in 2018-19. The amount involved increased by a significant 73.8 per cent to Rs 52,200 crore - although most of this amount related to erstwhile occurrences. \"The number of cases of frauds reported by banks increased by 15 per cent in 2018-19 on a year-...


PTI
August 30, 2019



BusinessToday.In
New Delhi, August 29, 2019
RBI annual report 2019 released: The report mentioned that public-sector banks (PSBs) accounted for the bulk of the frauds. The total defrauded amount stood at Rs 52,200 crore


PTI
New Delhi, August 25, 2019
The panel, formed in consultation with the RBI, to function as the first level of examination of all large fraud cases before references are made to the investigative agencies


PTI
August 19, 2019



Anand Adhikari
New Delhi, August 19, 2019
The government-promoted micro loan scheme 'Mudra' is a great help to first-time borrowers and existing entrepreneurs, but the risk of asset quality deterioration is rising


Dipak Mondal
New Delhi, August 19, 2019
Why GST collections have been short of target. And why they may not pick up any time soon


PTI
August 16, 2019



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