Banks general

Govt tightens noose around cash hoarders

17 Nov 2016

Govt has ordered scrutiny of all savings bank deposits above Rs2.5 lakh and current account deposits over Rs12.5 crore during the 9 November –30 December window even as it further restricted use of old currency

SBI’s Rs7,000-cr loan 'write off' not loan waiver, says Arun Jaitley

16 Nov 2016

Banks to use indelible ink to reduce crowds depositing old notes

15 Nov 2016

ATM charges waived for savings bank accounts till 30 December

15 Nov 2016

RBI hikes weekly withdrawal limit on current accounts to Rs50,000

14 Nov 2016

RBI has advised banks to deploy micro ATMs near panchayat offices, police stations, military outposts, government departments, offices of public sector units, petrol pumps and other secure locations and also enhance the limits of the micro ATMs to at least Rs50,000 and allow frequent replenishment of cash to them

Govt probing cash flows into still-born Jan Dhan accounts

14 Nov 2016

Banks laden with Rs2,00,000-cr of demonetised notes, no money to disburse

14 Nov 2016

Bihar government deploys copters to fetch currency notes from RBI Patna

12 Nov 2016

Banks flush with funds as 2-day deposits top Rs60,000 crore

12 Nov 2016

Although much of the deposits will flow back into circulation, bankers expect a sustained reduction in the use of cash following the demonetisation, which in turn will put a downward pressure on deposit and lending rates

Banks across nation see long queues to exchange old notes

10 Nov 2016

50-day deposits of demonetised notes above Rs2.5 lakh to face tax, penalty on mismatch

10 Nov 2016

Banks to remain open on 12, 13 November

09 Nov 2016

RBI said banks will work an extra two hours on 10 and 11 November to help customers queuing up to deposit their 500 and 1,000 rupee notes and that the new notes of Rs2,000 and Rs500 denominations will be available from 11 November

All existing Rs500 and Rs1,000 notes denotified

09 Nov 2016

Rupee notes of 500 and 1,000 denominations will be accepted against most essential goods and services in the interim while all notes of Rs100, Rs50, Rs10, Rs5, Rs2 and Re1 will remain legal tender

ICICI Bank’s stressed loans more than double to Rs32,179 cr

08 Nov 2016

Acche din for home buyers as SBI, other lenders slash rates

07 Nov 2016

Three senators write to Wells Fargo chief over hundreds of termination notices in five years

05 Nov 2016

ICICI Bank lowers home loan rate by 15 bps to 9.15%

03 Nov 2016

SBI offers home loans at 9.1% under special festival scheme

02 Nov 2016

SBI associates register combined loss of Rs3,096 cr in Q2

02 Nov 2016

Vijay Mallya has Rs16,440 in hand and Rs12.6-cr frozen deposits

26 Oct 2016

Mallya did not explain where the $40 million he received in February this year as part of $75 million settlement agreed with Diageo has gone

PSUs to manage PSB’s stressed assets

25 Oct 2016

RBI reviews steps taken by banks to counter debit card fraud

24 Oct 2016

ICICI, Axis, StanChart get back $2.5 bn of Essar loans

22 Oct 2016

ICICI Bank and Axis Bank, which together have an exposure of $1.5 billion in the Ruias-led group, got back $450 million while StanChart with a higher exposure of $3.3 billion received $2.1 billion in cash

Over 6.5 million debit cards affected by data breach, say police

22 Oct 2016

While most banks blame a payment service provider that manages the ATM network of Yes Bank for the security breach, some reports say certain cards have been used fraudulently abroad, including in China