Currently, the fee is Rs 15 per financial transaction. This has been recommended to be revised to Rs 16.50, plus service tax (12%), taking the amount to Rs 18.48.
Based on the credit history banks may later decide to extend the amount.
Sources said a few other lenders were also contemplating a move to declare both Kingfisher Airlines and UBHL wilful defaulters.
Wilful defaulters will not be allowed to take up board positions in any company.
Their net NPA as a proportion of net advances were 2.2 per cent, compared with 1.7 per during the same period a year earlier.
Poddar-Mallya agreement on running MCF likely to be re-worked.
In fact, some private sector lenders have decided to skip advertising these altogether.
SBI, ICICI Bank and PNB reduce interest rate for loans above Rs 75,00,000
ICICI Bank has 317 branches in hitherto unbanked villages.
Banks cut interest rates, processing fees; offer discounts for online shoppers.
Sebi asked to reconsider open offer nod as KFA was identified as wilful defaulter.
Days after the PM announced a financial inclusion package, a look at how banks and insurance firms are going about it and what lies ahead.
The finance ministry is not only keen to split the roles of CMD, but also wants to appoint them for a fixed tenure of five years.
IndusInd Bank, has recently launched www.themorestore.com only for its credit card and debit card holders
State Bank of India's push among fellow bankers to appoint an external agency to run debt-heavy Bhushan Steel might not be smooth sailing.
Bankers said fear of loan losses impairing their careers could make officers wary of sanctioning new loan proposals on their own.
Move comes after the country's monetary authority tightened credit norms
Private lenders have also been expanding their branch and automate teller machine networks aggressively.
Fresh hiring might slow as banks likely to focus on improving efficiencies.
Vijay Mallya, the embattled chairman of the UB Group, is not likely to be immediately named a wilful defaulter by the United Bank of India.
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