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Banks’ gross NPA drops below 6% in March ’22

Gross non-performing assets (NPAs) of the banking sector dropped below 6 per cent as of March 2022 — the lowest

IDBI Bank has put on sale properties of Great Indian Tamasha Company Ltd, which is the corporate guarantor of Great

Borrowers who don’t cooperate in their forensic audits will now be reported to all banks. The move comes as lenders

Prime Minister Narendra Modi stressed upon the need for Indian banks to focus on playing a bigger role in global

RBI said it has imposed a penalty of Rs 58 lakh on Abhyudaya Co-operative Bank Limited, Mumbai for noncompliance with

RBI has laid down a set of rules for non-bank financiers on large exposures, lending to directors and sought additional

RBI rejected the applications of six entities that were seeking permission to start universal and small finance banks under the

Public sector lenders have posted an 81 per cent year-on-year (YoY) increase in net profit in the fourth quarter ended

All high-street banks will jointly move the Reserve Bank of India (RBI) to urge a change in the sweeping definition

The RBI has announced guidelines for banks to set up specialised digital banking units (DBUs) distinct from regular bank branches