Bankers say there is palpable fear among erring promoters that the banking system just cannot be taken for granted, and any delay in loan repayment could mean promoters losing business
Did you know that your home insurance covers valuables in bank locker?
Though most experts remain bullish on the banking space, they suggest investors buy only those banks whose NPAs are at a manageable level of 3% to 4% and there is credit growth or earnings visibility.
As a multi-disciplinary organisation, SFIO probes cases of financial frauds that are referred to it by Corporate Affairs Ministry
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
'It is never easy to run a campaign as a woman, particularly a minority woman, especially when you are bucking the establishment.' 'My entire campaign is an act of resistance.'
The cumulative loss of 20 state-run lenders stood at Rs 14,000 crore during Q4
Top corporates have paid more advance tax in second quarter this year.
The time is ripe for a merger of eight fund houses indirectly owned and controlled by the central government, says N Sundaresha Subramanian.
The Finance Ministry has invited private sector bankers.
Money managers have turned cautious about the technology space.
Private sector banks are way behind their PSU peers when it comes to opening financial inclusion accounts under the Prime Minister's Jan Dhan Yojana
The RBI also looked into the effectiveness of systems and processes for implementation of KYC norms
Nifty snaps 10-day winning streak
SBI has the highest exposure of Rs 1,600 crore to the beleaguered Kingfisher Airlines.
The Indian Consulate in Sydney was on Monday evacuated in view of the hostage situation in a caf near its premises and all the staff members are safe, the external affairs ministry said.
'We can't have the best of both worlds -- large, efficient, world class government-owned banks, doing social banking and making profits. 'Why not set them free from the shackles of such obligations and run them as business units?' says Tamal Bandyopadhyay.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
B Sriram, the senior-most managing director at SBI, along with fellow MDs Rajnish Kumar, P K Gupta, and Dinesh Kumar Khara had been interviewed for the post
'Investors should not commit fresh money to these stocks right now, unless they can hold for the next three to four years.'
Ajit Mishra, vice president, Research, Religare Broking, answers your stock market queries.
In January 2017, the growth in total premium was Rs 13,138 crore, against Rs 10,284 crore in January 2016, a growth of 28 per cent.
The windfall from RBI may be used to trim borrowing, help fund Rs 3.3 lakh crore capex plan, capitalise banks and provide fiscal stimulus to some stressed sectors, experts and economists said.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
'Sachin Pilot once calculated that with a million Indians flooding the labour market every month, only an additional 12 million jobs annually could keep unemployment at the same level.' 'That's chickenfeed for the functionaries who cram my e-mail inbox every day with such a constant flow of job offers that trying to empty it is like trying to drink dry the horn connected to the ocean in Norse mythology,' says Sunanda K Datta-Ray.
The order grants permission to the UK High Court Enforcement Officer to enter the 62-year-old tycoon's properties in Hertfordshire, near London.
CEA offers three compelling arguments in his case for privatisation of government-owned banks.
The Enforcement Directorate, which continued its searches against Modi, Choksi and their companies for the fourth day on Sunday , is also moving to attach at least two dozen immovable properties under the Prevention of Money Laundering Act.
Diageo, which had acquired Mallya's United Spirits nearly six years ago, is claiming $40 million paid to the liquor tycoon as part of an alleged breach of agreement.
The mass cancellation of coal blocks by the Supreme Court has sent banks in a jittery mode as they have extended over Rs 1 lakh crore loans to power plants that were fed by these mines.
BoB's offer of a lower home loan rate to customers with credit scores of 760 and above makes it incumbent on everyone to pay heed to this all-important number.
The mergers will not involve any cash but only share swaps
Govt renews search for five PSU bank chiefs; norms relaxed.
After the Insolvency and Bankruptcy Code came into force, which calls for an auction of assets of loan defaulting entities, recoveries have picked up, said Jaitley.
In similarly-worded notices of attachment dated October 17, Sebi asked 11 banks, including ICICI Bank, Bank of Baroda, HDFC Bank, IDBI Bank, Indian Overseas Bank and Standard Chartered Bank, to attach the accounts of the three individuals.
Vijay Mallya left India on March 2, presumably for London.
The consortium led by SBI has also initiated the process of recovery.
Budget 2014-15 has done away with the tax sunset clause of March 2014.
Shares of rate-sensitive realty, bank and auto sectors were on buyer's radar on Wednesday.
