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Total 281 results found. Search for [ prompt corrective action (PCA) ]

Results 1 to 21 of 281
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


PTI
May 31, 2020
The sources said, the government will have to cut down its expected realisation from stake dilution of both LIC and IDBI Bank even if the market condition improves


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


Hari Hara Mishra
March 18, 2020
A fiscal package is warranted to support the job losses due to halting economy and sector specific revival plans. While heavy lifting is required at government level, monetary intervention is also warranted now for a smooth transition in overcoming the crisis


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


BusinessToday.In
March 11, 2020
The stock price of lender has risen 0.35% in a week. However, it has declined 28% in a month, 16% in the year 2020 and 80% in one year's period. The market capitalisation of the micro-cap stock currently stands at Rs 483 crore.


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


Gayathri Parthasarathy
March 3, 2020
They have taken big strides, particularly in retail and SME finance


BusinessToday.In
February 24, 2020
Share price of Dhanlaxmi Bank ended 12.77% higher at Rs 14.92 against the previous close of Rs 13.23 on BSE.


BusinessToday.In
New Delhi, February 11, 2020
Catch top stories from the world of business and economy with BusinessToday.In end of day report


Anand Adhikari
February 11, 2020
A bulk of the bank's NPAs are facing the bankruptcy proceedings where adequate provisions have been made. The bank expects to get the benefit of write-backs as and when the recovery takes place


BusinessToday.In
New Delhi, February 11, 2020
IDBI Bank Q3 results: During the quarter, IDBI Bank exercised the option of lower tax rate taking one-time hit of Rs 6,273 crore. Excluding the one-time tax impact, LIC-owned bank would have reported net profit of Rs 418 crore


BusinessToday.In
New Delhi, February 11, 2020
The development came six months after the RBI rejected proposed amalgamation of Lakshmi Vilas Bank with Indiabulls Housing Finance


Anand Adhikari
New Delhi, February 10, 2020
Institutional investors are banking on the insurance and banking combo of IDBI and LIC for a quick turnaround of the lender which has been making losses for the last four years 


BusinessToday.In
February 1, 2020
Reacting to the news, shares of IDBI Bank climbed 17% intraday to the high of Rs 39.80, as against the last closing price of Rs 33.90.


Anand Adhikari
Mumbai, January 29, 2020
Budget 2020 wishlist: The first big measure regarding banking sector that many are expecting Finance Minister Nirmala Sitharaman to announce in her second Budget speech is a hike in deposit insurance cover


Anand Adhikari
January 24, 2020
A bulk of these downgrades happened over the last three years. Any downgrade is not good because the pricing (interest rate) takes place based on the rating profile of the corporate


Anand Adhikari
Mumbai, December 28, 2019
This is primarily due to change in macroeconomic scenario, marginal increase in slippages and the denominator effect of declining credit growth, RBI said in its Financial Stability Report


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