Indian Banking Industry News, Banking Industry, Banking Analysis, Banking Sector, Banking Companies in India
Business Today
Loading...
Gross NPA of scheduled commercial banks decline 7.5% in H1FY20: Report

The growth in GNPA has been moderating for SCBs at an overall level given the reduction in the slippages of the PSBs and the loan write offs

 
 
SBI has said that it will not charge any fee from its customers for upgrading their debit cards before December 31

HDFC Bank cuts MCLR: The bank has stated that the latest rates will be applicable from December 7
SBI MCLR cut: The bank has stated that it is the cheapest loan provider in the country
Payments Banks are mandated to invest a minimum of 75 per cent of their deposits in government securities where returns are abysmally low
These suspects were held following an investigation into credit facilities provided by PMC Bank to now-bankrupt HDIL and its group companies
 
 
Bank of India cuts MCLR: The new one-year MCLR is fixed at 8.20 per cent as against 8.30 per cent
State-run lenders had posted aggregate operating profits during 2017-18 and 2018-19 of Rs 1,55,603 crore and Rs 1,53,871 crore respectively
RBI Deputy Governor MK Jain said that they are still identifying the reasons and will look into what they can give as directions to the banks
In response to a different question, MoS Finance Anurag Thakur revealed that public sector banks had written off bad loans worth Rs 1.86 lakh crore in FY 2018-19
Advertisement