ICICI Bank has the largest proportion of SDR loans as a percentage of its total, followed by state-run United Bank of India and Canara Bank.
Financial inclusion has been on the top of the govt's top agenda.
Banks are seeking an order that Mallya should appear in person before the court.
Union Bank of India, United Bank of India reduced base rates.
A host of lenders, including State Bank of India, IDBI Bank, Indian Bank and Andhra Bank, have lined up meetings of their asset-liability committees this week, to review their lending and deposit rates.
State Bank of India is also expected to tap the markets this year
Vijay Mallya on Wednesday gave a proposal to the Supreme Court to repay around Rs 4,000 crore (Rs 40 billion) loan to banks by September this year.
Bank of Baroda ended flat after sharp gains in the previous session.
Mulls ways to improve the bank's earnings, cut bad loans and step up credit recovery efforts
Software firm dismisses charge, says Finacle has proven ability.
While it will most certainly impact his personal credit record, it will also have repercussions for his other businesses and companies he is associated with.
The Central Bureau of Investigation (CBI) had told the finance ministry some "well-known" companies in the power, oil, and telecommunications sectors were involved in round-trip trading by indulging in third-party transfers in violation of law.
Among the private banking majors ICICI Bank and HDFC Bank were down 0.2%-0.5% each.
Chidambaram said banks have been asked to strictly adhere to the norms on gold imports.
Such classfication brings with a high cost, including closing of formal credit channels, and likely criminal proceedings.
Sebi asked to reconsider open offer nod as KFA was identified as wilful defaulter.
SBI-led consortium of 17 banks had a total exposure of about Rs 6,500 cr to Kingfisher Airlines.
The Central Bureau of Investigation has started a preliminary enquiry looking into the Rs 950 crore (Rs 9.5 billion) alleged bad loan given by IDBI Bank to Kingfisher Airlines ignoring the company's negative credit ratings and net worth.
'The army has stopped short of exerting the sort of influence it may have done historically.' 'It is comfortable with its relations with the civilian government as the superior partner.'
United Progressive Alliance-led government proposed lenders as insurance brokers; new FM not too keen, say insurers.
At least five state-run banks on central bank's radar for lax credit appraisal
Vijay Mallya who inherited the UB Group from his father as a young 28-year-old, said he has got "nothing to prove".
SBI leads a 17-member consortium of lenders that is trying to recover dues running into over Rs 7,500 crore (Rs 75 billion) in principal alone from Kingfisher Airlines.
The estimated cost breakdown is one of the most important forms in the construction loan package.
Wilful defaulters will not be allowed to take up board positions in any company.
Deepak Narang, executive director of United Bank of India, speaks on Vijay Mallya's 'wilful defaulter' status.
Deepak Fertilizers plans to revise open offer price to beat Mallya-Poddar efforts
According to him, since India has a low fiscal deficit, a low current account deficit and lower inflation, there is no need for being too dependent on foreign money for growth.
As for structural reform, there are signs if one looks hard enough.
With the first salary date after demonetisation around the corner, will India's labourers be able to take their hard-earned wages home?
On Tuesday, Finance Minister P Chidambaram had more than adequately made clear that the government would be allocating Rs 14,000 crore through Budget, the Financial Services Secretary said.
If you have plans to buy a new home in 2015, there's good news for you
The move also invalidates, albeit temporarily, Mallya's repeated assurances to the court and the public of a revival plan for the carrier.
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With new private banks in the play, the going could become more difficult for the old-school state-run banks, already losing business and market position, forcing them to think hard towards consolidating and forming larger entities to garner big-ticket deals.
Markets extended gains led by financials and capital goods shares coupled with a rebound in IT shares.
As the Jan-Dhan scheme completes a month since its official launch, reports coming in from various parts of the country suggest the stated target of 75 million new accounts will be achieved much before January 26 next year.
Many from this small lender have made it to other bank boards over the past 5 years
Ironically, bad loans and non-performing assets are on the rise in public sector banks in India, say sector watchers.
'SBI is already too big. Too big to fail.' 'It already is a moral hazard. What will it do with 20,000 branches that it cannot do with 14,000, especially in these days of online and mobile banking?'
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