Business Today: Latest Business News, India economy News, Stock Markets, Sensex, Mutual Funds and Indian Tax
Loading...
Search

Total 258 results found. Search for [ banks under PCA ]

Results 1 to 21 of 258
PTI
November 22, 2020
On the back of resolution and pick up in advances, the bank aims to bring down the gross NPAs below 10 per cent mark by March


Anand Adhikari
November 19, 2020
There is some hope with the new merger partner DBS Bank. But the bad loan story is not over yet as many fear the skeletons would tumble out of the closets in the months to come


BusinessToday.In
November 18, 2020
LVB is a small bank and its failure won't significantly impact the banking sector, but it's the loss of confidence and trust in banking system that has escalated with this crisis


Anand Adhikari
November 17, 2020
The troubled lender with 566 branches saw its capital adequacy ratio fall to 0.17 per cent in June 2020; it had Rs 13,827 crore in outstanding loans and deposits worth Rs 21,443 crore at the end of FY20


Vivek Punj
November 17, 2020
Payments to the creditors have been capped at Rs 25,000 during the period of moratorium. Withdrawals above Rs 25,000 have been permitted in case of unforeseen expenses


Anand Adhikari
October 14, 2020
While the proposal of the Clix Group for a merger with Lakshmi Vilas Bank is pending with the Reserve Bank of India, the board of the bank is meeting tomorrow to take a call on the rights issue


Anand Adhikari
October 12, 2020
State Bank of India, Bank of Baroda, Bank of India and Indian Bank are among half a dozen banks that have provided funds to the company


Anand Adhikari
October 5, 2020
While the 94-year Laksmi Vilas Bank is a much smaller bank with a balance sheet of Rs 25,000 crore, one-tenth of YES Bank and one-twelfth of IDBI Bank, it needs immediate infusion of capital


Chitranjan Kumar
September 17, 2020
The government owns 83-96 per cent stake in these six PSBs, including Bank of India, Central Bank, Bank of Maharashtra, Indian Overseas Bank, Punjab and Sind Bank and UCO Bank, with market value of Rs 58,000 crore as of July 2020


Anand Adhikari
July 29, 2020
In his new book titled 'Quest For Restoring Financial Stability In India', Acharya delves into the nature of pressure he worked under at the Reserve Bank of India


BusinessToday.In
July 28, 2020
Acharya, in his book, \"Quest for Restoring Financial Stability in India, argues that numerous policies \"regressed\" the economic climate in the country while he was deputy governor between early January 2017 and mid-July 2019


BusinessToday.In
July 28, 2020
Gandhi says RBI governor resigned in just over two years as Prime Minister Narendra Modi didn't want him to go after wilful defaulters


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


PTI
July 13, 2020
The bank needs capital to grow and make profit, and \"we have got Clix as they have expressed their interest to merge with the bank. The advantage is that they are capital surplus and we are capital deficit,\" LVB, MD and CEO S Sundar told PTI in an interview


PTI
New Delhi, June 14, 2020
COVID-19 pandemic has not only halted process of recovery of PSBs but it is going to have an adverse impact on financial health of private sector banks too


Anand Adhikari
March 19, 2020
Covid-19 pandemic was like a bold from the blue. Over the last seven years, the banks had braved the first of its kind balance sheet clean up with RBI's asset quality review for stressed loans


Anand Adhikari
New Delhi, March 17, 2020
The beleaguered private sector bank will soon be run by SBI-led consortium of investors. This is how things will pan out


PTI
March 7, 2020
All India Bank Employees' Association (AIBEA) on Saturday said the Resrve Bank must be held accountable and the government should start taking all the private sector banks under its fold


Anand Adhikari
March 5, 2020
RBI's decision to supersede the YES Bank board shows that the apex wants an administrator to thoroughly investigate the lender's books. Prashant Kumar, former Deputy MD and CFO of SBI, has been appointed as administrator


Anand Adhikari
Mumbai, March 5, 2020
With reports of possible stake sale to a SBI-led consortium doing the rounds, embattled YES Bank has stoutly denied being in the know of any such development


PAGES 1 OF 13  12345