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Gross NPA of scheduled commercial banks declines 7.5% in H1FY20: Report

Niti Kiran | New Delhi

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

Attention SBI customers! These debit cards will be deactivated after 31st December

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 by up to 15 bps; check out the reduced rates

HDFC Bank cuts MCLR: The bank has stated that the latest rates will be applicable from December 7

Paytm Payments Bank says it issued 6 lakh FASTags in November

SBI reduces 1 year MCLR by 10 bps; to be effective from Dec 10

SBI MCLR cut: The bank has stated that it is the cheapest loan provider in the country

Future of Payments Bank model under a cloud

Payments Banks are mandated to invest a minimum of 75 per cent of their deposits in government securities where returns are abysmally low

RBI has not cut repo rate, but your EMIs may still go down; here's why

PMC Bank scam: 3 more directors arrested in Rs 4,355 crore fraud; to be produced in court today

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 slashes MCLR by up to 20 bps after SBI, HDFC Bank cut rates

Bank of India cuts MCLR: The new one-year MCLR is fixed at 8.20 per cent as against 8.30 per cent

Public sector banks turn profitable in Apr-Sept; post Rs 3,221 crore of aggregate profit

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

State-run banks post aggregate profit of Rs 3,221 crore; turn profitable in first half of FY20

Merged entity of UBI, OBC and PNB to retain sovereign status, says UBI MD

RBI investigates HDFC Bank net banking, mobile app outage

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

HDFC Bank's net banking, mobile app down for 3rd day

Bad loans worth Rs 80,893 crore written off by banks till September quarter

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