New Delhi [India], May 29 (ANI): A number of petitions have been filed before the Supreme Court seeking to initiate contempt of court proceedings against Reserve Bank of India (RBI) Governor, Shaktikant Das, Chief Executive of Indian Banks Association (IBA) and others for allegedly flouting
New Delhi [India], May 27 (ANI): A petition was filed before the Supreme Court on Wednesday seeking to initiate contempt of court proceedings against RBI Governor Shaktikants Das, Chief Executive of Indian Banks Association (IBA) and others for allegedly flouting the top court's earlier o
New Delhi [India], April 16 (ANI/PNN): INKA Entworks aims to extend total digital security for Indian banks through its novel app security platform, AppSealing. The advent of the COVID-19 pandemic is largely disrupting in-branch banking, compelling customers to embrace digital alternatives w
Mumbai (Maharashtra) [India], Apr 10 (ANI): South Indian Bank's total deposits dipped marginally to Rs 82,710 crore in the January to March quarter from Rs 83,034 crore in the year-ago period.
Mumbai (Maharashtra), Apr 9 (ANI): India's second wave of Covid-19 infections poses increased risks for India's fragile economic recovery and its banks, Fitch Ratings said on Friday.
Singapore, March 26 (ANI): A rise in yields for long-dated sovereign bonds will result in near-term losses for the Asia Pacific (A-Pac) banks as they recognise valuation changes on their available-for-sale (AFS) bond portfolios, according to Fitch Ratings.
New Delhi [India], March 16 (ANI): Congress's Lok Sabha Member of Parliament Manickam Tagore condemned the Centre for trying to break the backbone of the banking industry by privatising public sector banks.
Mumbai (Maharashtra), March 8 (ANI): The impact of Covid-19 pandemic is likely to pose challenges to improving financial performance of Indian banks once asset-quality risks manifest in the financial year ending March 2022 (FY22), Fitch Ratings said on Monday.
Chennai (Tamil Nadu) [India], January 22 (ANI): Public sector Indian Bank on Friday reported a net profit of Rs 514 crore for the October to December quarter as against a net loss of Rs 1,739 crore in Q3 FY20.
Singapore, January 18 (ANI): India's digital disruption poses a relatively low risk to the longstanding market position of its top-tier banks, S&P Global Ratings said on Monday.
London [UK], January 13 (ANI): Fugitive businessman Vijay Mallya has been denied access by a UK court to a significant chunk of his cash held by the UK court funds office as part of the wider bankruptcy proceedings against him launched by a consortium of Indian banks.
Mumbai (Maharashtra) [India], January 11 (ANI): The Reserve Bank of India (RBI) on Monday informed that Indian banks' total gross non-performing assets (GNPAs) may rise to 14.8 per cent under a severe stress scenario by September 2021 compared with 7.5 per cent in the year-ago period.