Search For "indian banking"
RBI says India's banking sector is sound and resilient, Gross NPA is below
Updated : 1 year, 9 months ago IST
India's banking system is robust and the gross NPA (Non-Performing Assets) of the schedule commercial banks and NBFCs are below 3 per cent highlighted RBI (Reserve Bank of India) Governor Shaktikanta Das during the Monetary policy announcement on Friday.
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With clean balance-sheet Indian Banking sector has enough opportunity for
Updated : 1 year, 10 months ago IST
India's banking sector is ready and fit to support the growth of India in the coming years highlights KV Kamath, Chairman, National Bank for Financing Infrastructure & Development in an exclusive conversation with ANI.
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Indian banking sector continues to improve with better asset quality, high
Updated : 1 year, 11 months ago IST
The health of the Indian banking sector continues to improve with better asset quality and high credit growth, a survey conducted by industry body FICCI and banking association Indian Banks' Association (IBA) showed.
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IBEX India BFSI Technology Awards
Updated : 2 years ago IST
Mumbai (Maharashtra) [India], February 27: PDA Ventures Pvt Ltd, organisers of IBEX India Trade Fair and Conference, has announced the winners of the inaugural edition of the IBEX India BFSI Technology Awards. These awards are entirely dedicated to the Indian banking and insurance sectors an
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India's BFSI Sector Poised for Transformative Growth in 2024: Embracing Te
Updated : 2 years, 1 month ago IST
New Delhi [India], February 10: The Banking, Financial Services, and Insurance (BFSI) sector in India is gearing up for a year of dynamic transformation, driven by robust technological advancements, talent acquisition strategies, and a steadfast commitment to diversity and inclusion. Buildin
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Indian banking system well-placed to support growth: RBI Governor
Updated : 2 years, 2 months ago IST
Reserve Bank of India (RBI) Governor Shaktikanta Das said on Thursday that India's banking sector as a whole has emerged stronger from the unprecedented challenges of the recent COVID-19 pandemic and the subsequent geopolitics.
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RBI Dy Governor Rajeshwar Rao highlights role of technology and AI in bank
Updated : 2 years, 2 months ago IST
Rao said, "The banks have played an extremely important role in supporting the growth story of the Indian economy. If we were to analyse the evolution of the Indian banking sector over the last five decades, we could classify this evolution into three distinct phases - post nationalisation,
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Asset quality of banks improves to decadal high at end-September: RBI
Updated : 2 years, 2 months ago IST
The gross non-performing assets (GNPA) ratio of scheduled commercial banks (SCBs) fell to a decadal low of 3.9 per cent at end-March 2023 and further to 3.2 per cent at end-September 2023.
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FICCI-IBA bankers' survey indicates robust demand and encouraging turnarou
Updated : 2 years, 5 months ago IST
According to a press release, With participation from 24 banks, including public sector, private sector, and foreign banks, this survey offers valuable insights into the financial health of the Indian economy.
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Top 5 Bank Shares To Invest In 2023
Updated : 2 years, 6 months ago IST
New Delhi [India], September 6: One of the most interesting and lucrative businesses to invest in is banking. With many banks generating double-digit returns on equity, it additionally constitutes one of the most lucrative industries. Since banks have a significant impact on the economy, inv
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Pioneering the Future of Banking transactions: NPST Launches centralized s
Updated : 2 years, 6 months ago IST
Mumbai (Maharashtra) [India], September 5: In a transformative move that promises to reshape the landscape of Indian banking, NPST, a leading fintech company, has launched a cutting-edge Online Dispute Resolution (ODR) system. This innovative platform is set to empower both banks and their c
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Money was lent to "not-so-worthy" customers under UPA, resulting in NPAs:
Updated : 2 years, 8 months ago IST
"Before our government came to power in 2014, difficulty in the Indian banking system actually started because of irrational 'Phone Banking' which happened during the tenure of the UPA government. Back then, the priority in lending was given to not-so-worthy customers in an unprofessional
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