Search For "indian banks"
Two Indian banks to cease operations in Sri Lanka
Updated : 6 years, 2 months ago IST
Colombo [Sri Lanka], Jan 1 (ANI): The Central Bank of Sri Lanka has permitted Indian private sector lenders Axis Bank and ICICI Bank to close their operations in the island nation, according to online news portal ColomboPage.
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Indian banks' loan write-offs to continue: Fitch Ratings
Updated : 6 years, 3 months ago IST
Singapore, Dec 5 (ANI): Indian banks are likely to take significantly more loan write-offs against a backdrop of rising provisions and weak recovery prospects, Fitch Ratings said on Thursday.
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Strike in public sector banks on Tuesday to paralyse operations
Updated : 6 years, 4 months ago IST
Mumbai (Maharashtra) [India], Oct 21 (ANI): Public sector banking operations are likely to be hit on Tuesday due to a day-long strike called by the All India Bank Employees' Association and the Bank Employees Federation of India.
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DHFL's solvency stress is credit negative for Indian banks: Moody's
Updated : 6 years, 7 months ago IST
Singapore, July 22 (ANI): Dewan Housing Finance Corporation Limited's (DHFL's) weakening solvency is credit negative for Indian banks because they are key lenders to the company and its default will negatively affect their asset quality and profitability, Moody's Investors Service said on Mo
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Indian banks struggling with poor asset quality amid challenging environme
Updated : 6 years, 9 months ago IST
Singapore, June 2 (ANI): Fitch Ratings believes that the Indian banking sector is still struggling with poor asset quality and weak core capitalisation.
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Indian banks benefit from lower slippages but challenges remain: Fitch Rat
Updated : 6 years, 11 months ago IST
Mumbai (Maharashtra) [India], Mar 29 (ANI): The banking sector's non-performing loan (NPL) ratio improved in first nine months of current financial year but slow resolution and weak capital are likely to keep th
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Take my money, save Jet Airways: Mallya urges banks
Updated : 6 years, 11 months ago IST
New Delhi [India], March 26 (ANI): Businessman Vijay Mallya on Tuesday urged Indian banks to "take his money" and save cash-strapped Jet Airways.
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IBC brought back Rs 3 lakh crore into banking system: Jaitley
Updated : 7 years ago IST
New Delhi [India], Feb 28 (ANI): The Insolvency and Bankruptcy Code (IBC) has brought back close to Rs 3 lakh crore back into the banking system, Finance Minister Arun Jaitley said on Thursday.
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Liquidity constraints continue in the market despite bank recoveries: FICC
Updated : 7 years ago IST
New Delhi [India], Feb 17 (ANI): Considerable liquidity constraints witnessed in the economy during second half of 2018 are likely to continue for the remaining fiscal year (January to March 2019), according to a joint survey by Federation of Indian Chambers of Commerce and Industry (FICC
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Why PM Modi not instructing banks to accept money I am offering: Vijay Mal
Updated : 7 years ago IST
London [UK], Feb 14 (ANI): Fugitive liquor baron Vijay Mallya on Thursday asked why Prime Minister Narendra Modi is not instructing Indian banks to take the money he has "offered" to pay off the public funds lent to defunct Kingfisher Airlines, a day after Modi referred to a person who "r
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Smriti Irani corners Congress for NPA crisis, National Herald scam
Updated : 7 years, 6 months ago IST
New Delhi [India], Sep 11 (ANI): Union Textiles Minister Smriti Irani on Tuesday launched a scathing attack on the Congress over former Reserve Bank of India (RBI) governor Raghuram Rajan's remarks that most bad loans that account for Indian banks' Non Performing Assets (NPA) originated duri
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IBA condemns arrests of bankers on fraud charges
Updated : 7 years, 8 months ago IST
Mumbai (Maharashtra) [India], June 22 (ANI): Indian Banks' Association (IBA) CEO V.G Kannan on Friday condemned the arrests of the Bank of Maharashtra's Managing Director and others, saying it was unwarranted as all due procedures were adhered to.
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