Banks general
RBI finalising list of bad loans for bankruptcy process: Jaitley
12 Jun 2017
Jaitley said 81 cases have been filed under the Insolvency and Bankruptcy Code, with as many as 18 of these coming from creditors in the banking sector
State Bank of India raises Rs15,000 cr in India's largest QIP
06 Jun 2017
NPA-laden SBI has so far raised over Rs30,000 crore from government contributions and qualified institutional placement of shares over the last three years
RCom gets 7-month’s time to service Rs45,000-cr debt
03 Jun 2017
RCom had earlier announced plans to merge its wireless operations with that of Aircel and sell its tower business to Brookfield Asset Management to immediately reduce debt from Rs45,000 crore to about Rs20,000 crore
RBI urges banks to gear up for account portability
31 May 2017
Bankers aren’t quite convinced that this could be done with the multiple account number formats and also because inter-bank portability of bank account numbers could lead to fierce competition in the banking industry
SBI picks 6 banks to manage Rs15,000-cr share sale
26 May 2017
Cash-strapped SBI also put up assets worth over Rs1,471 crore, including a Rs807-crore loan account of Kolkata-based Adhunik Power and Natural Resources Ltd and equity worth close to Rs200 crore
RBI to boost oversights panel, empower rating agencies in NPA fight
23 May 2017
RBI will reconstitute the present banks oversights committee with more members and expand the scope of cases to be referred to the OC beyond those under S4A as required currently
SBI slaps Rs25 levy on e-wallet ATM withdrawal, hikes service charges
12 May 2017
A narrowing of interest rate spread is forcing the country’s top lender to look at other sources to boost revenue
Customer account hijacking up 50% in the UK
10 May 2017
SBI slashes affordable home loan rate to 8.35% for women
08 May 2017
For male borrowers, the limited period offer for affordable housing loans, which is valid till 31 July, there will be a 20 bps reduction to 8.40 per cent
Govt appoints heads of 7 PSU banks, shifts MDs of PNB and BoI
06 May 2017
PNB managing director Usha Ananthasubramanian has been shifted to relatively small Kolkata-based Allahabad Bank while head of Bank of India Melwyn Rego will move to Syndicate Bank with immediate effect
RBI issues timeline for faster resolution of banks’ NPAs
06 May 2017
The RBI says the decisions agreed by a minimum of 60 per cent of creditors by value and 50 per cent of all creditors would be the basis for deciding corrective action plans, which would be binding on all lenders
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