30 regional rural banks get education loan cover
Education loans offered by around 30 regional rural banks (RRBs) will now have the credit shield from the Credit Guarantee ...
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Tag: rbi
Bank loan rates drop in April, a first in 11 months
Bank lending rates declined for the first time in April after rising for 11 consecutive months, data from the Reserve ...
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As Rs 2000 notes flow back, 80% stay within banking system
Bankers expect a 150-basis-point rise in deposit levels as the initial few days into the mandated exchange of ₹2,000 banknotes ...
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Insistence of physical visits to bank branches may be avoided, says RBI committee
Insistence on physical visits, physical presentation of documents for closure of bank accounts may be done away with if the ...
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Bank of Baroda launches facility for cash withdrawals using UPI on its ATMs
Bank of Baroda on Monday announced launch of Interoperable Cardless Cash Withdrawal (ICCW) facility wherein a customer can withdraw cash ...
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Increase in ransomware cases in banks, RBI tells Parliamentary panel
There has been an increase in ransomware cases in banks, and data exfiltrated from such attacks and made available in ...
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IOB-led lenders group puts Sion Panvel Tollways’ ₹862-cr bad loan on sale
Lenders, led by Indian Overseas Bank (IOB), are selling '862 crore of bad loans from Sion Panvel Tollways (SPTL), the ...
Read moreRBI imposes Rs 2.2-crore penalty on Indian Overseas Bank
Reserve Bank on Friday imposed a penalty of Rs 2.20 crore on state-owned Indian Overseas Bank (IOB) for non-compliance of ...
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Watch out for rising risk appetites among Indian banks, says Fitch
The rapid rise in loans and high exposure to certain asset classes may affect the risk profiles of Indian banks ...
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Government appoints Ashwani Kumar as MD of UCO Bank
The government on Wednesday appointed Ashwani Kumar as managing director of UCO Bank in place of Soma Sankara Prasad whose ...
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