Banks general
Two-day bank strike from tomorrow to hit banking operations nationwide
29 May 2018
Employees of state-run banks across the country will go on a two-day strike from Wednesday, in protest against the nominal two per cent increase in wages
Barclays mulls merger with Standard Chartered: report
24 May 2018
Barclays says it has been talking about combing with various lenders including Deutsche Bank, Credit Suisse and DBS, as well
Barclays mulls merger with Standard Chartered: report
24 May 2018
Barclays says it has been talking about combing with various lenders including Deutsche Bank, Credit Suisse and DBS, as well
Barclays mulls merger with Standard Chartered: report
24 May 2018
Barclays says it has been talking about combing with various lenders including Deutsche Bank, Credit Suisse and DBS, as well
SBI reports Rs7,718-cr net loss in Q4 as provisioning mounts
23 May 2018
The bank had to make higher provisions for bad loans, while it incurred losses on trading besides the mark-to-market losses due to a rise in bond yields
Will put banking sector back on track: Piyush Goyal
17 May 2018
Railway minister Piyush Goyal, who holds temporary additional charge of the finance ministry, said the banking sector, which has a legacy of scandals and bad debts that threaten the broader economy, would be put back on track
Indian banks win Rs10,000 cr lawsuit against Mallya in UK
09 May 2018
A UK judge has ruled that lenders can enforce an Indian court ruling related to alleged wilful default on about $1.4 billion in debt by Vijay Mallya, and also refused to overturn a worldwide order freezing Mallya’s assets
Indian banks opt for fewer onsite ATMs
07 May 2018
Demonetisation aftershocks: bank deposit growth lowest since 1963
04 May 2018
Bank deposit growth rate fell to 6.7 per cent in 2017-18, hitting the lowest since 1963, while other savings instruments like mutual funds and insurance have become more attractive to investors, says a report in The Economic Times
NCLT orders Binani lenders to consider UltraTech offer
03 May 2018
The tribunal pointed out that while the UltraTech offer was not legally binding, nothing prevented the CoC from accepting a superior bid from UltraTech, which offered Rs1,022 crore more to the lenders
Kotak Mahindra Bank net up 15%
30 Apr 2018
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Almost a month after the damning report of short-seller Hindenburg Research on the Adani Group that claimed that the seven stocks within the group were about 85 per cent overvalued, one of the group's stocks, Adani Total Gas, closed at Rs835 on the BSE, down nearly 79 per cent from its 24 January level, almost close to reaching that valuation
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