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Cricket Australia banks on trans-Tasman bubble for BBL success

Sydney, Oct 24 | Though the Big Bash League franchises will, for the first time, be able to field three overseas players in their...

Jagan asks banks to strengthen rural economy supporting schemes

Amaravati, Oct 24 | Andhra Pradesh Chief Minister Y.S. Jagan Mohan Reddy urged banks to extend support in implementing the state government's welfare schemes...

SC allows trust to operate banks accounts to pay bills, taxes

New Delhi, Oct 21 | The Supreme Court has permitted the Maharwal Khewaji Trust, which manages the Rs 20,000-crore property of erstwhile princely state...

NPAs impact banks’ rate cut transmission, loan growth: Study

New Delhi, Oct 18 | Non-performing assets (NPA) of a bank weakens the monetary policy transmission and loan growth rate, said a recent working...

Banks free to provide funds to Amrapali projects, RBI tells SC

New Delhi, Oct 13 | The Reserve Bank of India on Tuesday informed the Supreme Court that banks are free to decide on the...

Trudeau announces additional funding for food banks in Canada

Ottawa, Oct 10 | Canadian Prime Minister Justin Trudeau on Friday urged Canadians to stem the spread of the Covid-19 as "the country is...

RBI raises retail exposure threshold for banks to improve credit flow

Mumbai, Oct 9 | The Reserve Bank of India (RBI) has decided to enhance the threshold limit of retail portfolio of banks to Rs...

Banks have to mandatorily issue AT-1 bonds on electronic platform

Mumbai, Oct 6 | The Securities and Exchange Board of India (SEBI) has made it mandatory for banks to issue Additional Tier-1 bonds on...

Youth loots banks taking cue from Youtube, repays loan in Odisha

Bhubaneswar, Oct 5 | Odisha Police have arrested a 25-year-old man, who robbed two banks of Rs 12 lakh in Bhubaneswar last month after...

Banks need effective steps to curb stress as IBC suspension gets...

New Delhi, Oct 1 | In a bid to provide relief to stressed businesses amid the pandemic, the suspension on fresh insolvency proceedings under...

Banks sanction Rs 1.77 lakh cr to MSMEs under ECLGS

New Delhi, Sep 24 | Banks have so far sanctioned over Rs 1.77 lakh crore to MSMEs under the Emergency Credit Line Guarantee Scheme...

Pakistani banks named in global money laundering list

Islamabad, Sep 22 | At least six Pakistani banks have been named in an investigation on the role global banks play in money laundering,...

3 B’deshi banks reportedly linked to illicit fund flow

Dhaka, Sep 22 | Three Bangladeshi banks have been reported to have links with global networks of illicit fund flow, with their names having...

Gyan Sangam a failure, efforts by NDA govt to reform banks...

New Delhi, Sep 21 | An outspoken critic of the NDA government, former RBI Governor Raghuram Rajan has launched an attack on the policies...

FinCEN files: Big banks let $2tn ‘dirty money’ move around world

New Delhi, Sep 21 | The FinCEN files show that the world's biggest banks have allowed criminals to move "dirty money" around the globe....

New banking bill gives RBI powers to restructure co-op banks

New Delhi, Sep 14 | The new Banking Regulation (Amendment) Bill, 2020, introduced by the government on the first day of the Parliament's Monsoon...

Samsung Galaxy M51: Forget power banks, keep the charger away

By Nishant AroraNew Delhi, Sep 12 | Monsters are not all that bad, ask kids. Even ‘meanest monsters can help you...

RBI issues norms for banks to appoint Chief Compliance Officers

Mumbai, Sep 11 | The Reserve Bank of India (RBI) on Friday came out with guidelines for banks to appoint Chief Compliance Officers (CCO).In...

BJP banks on Central ministers for Bihar polls

Patna, Sep 5 | The Bharatiya Janata Party (BJP) on Saturday appointed MoS Home Nityanand Rai as the president for the party's...

FM to banks: Roll out resolution schemes by Sep 15 for...

New Delhi, Sep 3 | Finance Minister Nirmala Sitharaman on Thursday directed banks to roll out resolution schemes for Covid-related stress by September...

Banks get ‘ITR filing compliance check’ tool to track non-filers

New Delhi, Sep 2 | The Central Board of Direct Taxes (CBDT) has come up with a new functionality -- ITR Filing Compliance Check...

‘Banks need to take long-term view to curb money laundering’

New Delhi, Sep 2 | Banks need to take a wider and long-term view, apart from trying to meet the minimum regulatory requirements, to...

Banks asked to refund charges collected on UPI transactions

New Delhi, Aug 30 | The government has directed banks to refund charges, including merchant discount rate (MDR), if any, collected on UPI...

New IBM India platform empowering banks to brave Cloud journey

New Delhi, Aug 23 | For those financial institutions including banks in the country that are still hesitant to embark on a Cloud journey...

Chinese banks to get lion’s share of RCom resolution, DoT will...

New Delhi, Aug 20 | Chinese banks will get the lion's share of Rs 7,000 crore or 30 per cent in the Reliance Communications...

Centre may allow cooperative banks to lend under ECLGS

New Delhi, Aug 11 | As the Emergency Credit Line Guarantee Scheme, specially formed for MSMEs, progresses, the government is considering allowing cooperative banks...

Banks, NBFCs’ asset quality risks remain elevated: ICRA

New Delhi, Aug 5 | Asset quality risks for banks and NBFCs remain elevated despite the recent decline in loans under moratorium, ratings agency...

Banks to function with 50% staff in Odisha

Bhubaneswar, Aug 3 | The Odisha government on Monday allowed normal functioning of public and private sector banks with 50 per cent staff till...

PM discusses credit growth, risk aversion with banks, NBFCs

New Delhi, July 29 | Prime Minister Narendra Modi on Wednesday held a meeting with the stakeholders of banks and NBFCs and discussed issues...

PM to discuss economic roadmap with banks, NBFCs on Wednesday

New Delhi, July 28 | Prime Minister Narendra Modi on Wednesday will discuss and deliberate the economic vision and roadmap for the future, in...

Banks disburse Rs 68,311 cr under ECLGS to MSMEs

New Delhi, July 16 | Banks have so far disbursed over Rs 68,000 crore so far under the Emergency Credit Line Guarantee Scheme to...

Banks’ cyber risks rise as Covid spurs digital trends: Moody’s

London, July 8 | Banks face a growing risk of cyber-attacks as the coronavirus crisis accelerates the shift to digital banking and remote working,...

CBI books Bulandshahr-based company for cheating banks of Rs 424 cr

New Delhi, July 2 | Cracking its whip against bank defaulters, the CBI on Thursday carried out searches at the premises of Bulandshahr-based Santosh...

RBI to supervise co-op banks, Cabinet nod to ordinance

New Delhi, June 24 | The Centre has decided to bring urban and multi-state cooperative banks under the direct supervision of the Reserve Bank...

Videocon’s Dhoot now faces case of causing wrongful loss to banks

New Delhi, June 23 | In more troubles for Videocon Industries Ltd Chairman Venugopal Dhoot, the Central Bureau of Investigation (CBI) on Tuesday registered...

Banks’ disbursement to MSMEs rise over Rs 21K cr

New Delhi, June 20 | The government is going all out to ensure that liquidity concerns of the MSME sector are addressed on priority...

Govt closely monitoring rate cut transmission by banks: Sitharaman

New Delhi, June 19 | Finance Minister Nirmala Sitharaman on Friday said that the government is closely monitoring the transmission of the repo rate...

CBI probe into Rs 180 crore fraud on banks

Bhopal, June 18 | The Central Bureau of Investigation (CBI) has registered a case on a complaint from State Bank of India against Indore...

Release balance loan amount of Amrapali homebuyers, SC to banks

New Delhi, June 10 | In a relief for embattled homebuyers who are yet to get possession of their houses in the stalled Amrapali...

Navigating banks, office spaces, public transport after lockdown, Goa issues advisory

Panaji, May 31 | With the country gearing for gradual relaxations in the COVID-19 lockdown norms from June 8, the Goa Health Ministry has...

Banks to face tough time reporting bad loans, restructuring to increase

New Delhi, May 26 | Banks and other secured lenders may face a tough time in terms of reporting of non-performing assets in their...

Banks may not extend second moratorium to all customers

New Delhi, May 23 | Banks may not extend second moratorium to all their customers amid gradual resumption in business activity and rising asset...

Trojan malware found attacking Indian co-operative banks

New Delhi, May 18 | Cybersecurity researchers on Monday warned of a Trojan malware campaign which is targeting India's co-operative banks using COVID-19 as...

Chris Pratt, Elizabeth Banks give ‘Lego’ touch to COVID awareness

Los Angeles, May 12 | Actors Chris Pratt and Elizabeth Banks have brought back their "The Lego Movie" characters to spread awareness about...

SARFAESI Act applicable to cooperative banks, rules SC

New Delhi, May 5 | The Supreme Court on Tuesday held that cooperative banks come under the Securitisation and Reconstruction of Financial Assets and...

RBI extends regulatory benefits under SLF-MF scheme to all banks (Ld)

Mumbai, April 30 | The Reserve Bank of India (RBI) on Thursday extended the regulatory benefits announced under the SLF-MF scheme to all banks,...

RBI extends regulatory benefits under SLF-MF scheme to all banks

Mumbai, April 30 | The Reserve Bank of India (RBI) on Thursday extended the regulatory benefits announced under the SLF-MF scheme to all banks,...

Banks technically write off over Rs 68K cr loans, Choksi among...

Mumbai, April 28 | Indian banks have technically written off a staggering amount of Rs 68,607 crore due from 50 top wilful defaulters, including...

Aus PM calls on banks to step up amid COVID-19 crisis

Canberra, April 24 | Australian Prime Minister Scott Morrison on Friday slammed the country's banks for failing to provide loans to struggling businesses amid...

RBI’s NPA relief for banks comes with requirement for more provisioning

Mumbai, April 17 | In a bid to curb bad loans and maintain capital adequacy of banks, the Reserve Bank of India has said...

Business

Adidas hosts ‘Sneakers Day’ to celebrate India’s growing sneaker culture

New Delhi, Oct 24 | Global sportswear giant, Adidas continues to invest in India by bringing global stories and curating meaningful experiences for the...