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Two bank unions call for merger of RRBs with sponsor banks
The Hindu· 3 days agoTwo major bank unions have sought the merger of 43 Regional Rural Banks (RRBs) with 12 scheduled commercial banks (sponsor banks) for improving the operational ...
As bad politics threatens good economics, lenders fear a rough ride ahead
CNBC Awaaz· 6 days agoFarm loan waivers - the dreaded phrase for banks of any size - are back hounding the lenders this...
RBI’s Financial Stability Report: Banks' net NPA down to 0.6%, gross NPA ratio at 2.8% in FY24
Business Today· 5 days agoThe RBI noted that the asset quality of banks has continued to improve over the years.
Nationalised banks asking CIBIL scores for farm loans will invite FIRs: Fadnavis
Indian Express· 7 days agoThe purpose of the meet was to discuss the problems faced by farmers over crop loans in kharif...
European banks’ bid to close gap with Wall Street temporarily stumbles into politics | Stock Market...
Livemint· 4 days agoEuropean banks’ efforts to narrow the once-significant valuation gap with their American peers have...
South Korea domestic sales drop 16% in June
Just Auto· 3 hours agoThe data did not include sales by low volume commercial vehicle manufacturers while import brands will be covered in a separate report later in the...
ICICI Prudential AMC purchases Kalpataru Infinia building for Rs 315 crore in Mumbai
CNBC Awaaz· 1 day agoManagement Company Limited has purchased Kalpataru Infinia building in Santacruz East in Mumbai for...
Bad loans
Tribune India· 4 days agoThe President mentioned that the government had carried out reforms over the past decade to save India’s banking sector, enacting laws such as the...
ICICI Bank becomes 15th most valued bank globally as m-cap breaches $100-billion mark
CNBC Awaaz· 4 days agoICICI Bank has breached the $100-billion mark in valuation for the first time, thereby becoming the 15th largest lending entity globally. Data from Bloomberg showed that ICICI ...
Tamannaah Bhatia mortgages three Mumbai apartments for Rs 7.84 crore and rents commercial real...
The Times of India· 16 hours agoThe paperwork indicated that Nanavati Construction has rented the 6065 square feet of commercial...