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), 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.
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.
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.
New Delhi [India], December 22 (ANI/NewsVoir): The Professional Risk Managers' International Association (PRMIA), a global forum for the development and promotion of the risk profession, has launched its 50th chapter in New Delhi. It was digitally inaugurated with discussions on "Evolving Ro
Mumbai (Maharashtra) [India], October 14 (ANI): The gross non-performing assets (NPAs) ratio of Indian banks is likely to be 11 to 11.5 per cent by end of current fiscal and they are likely to restructure 4 to 5 per cent of the overall bank credit outstanding, according to Care Rating.
Mumbai (Maharashtra), October 6 (ANI): Indian banks face a tough operating environment in the near term as stressed loans and write-offs increase as a result of the economic fallout from the coronavirus pandemic, Fitch Ratings said on Tuesday.
Singapore, October 1 (ANI): Provisioning levels will remain elevated across Asia Pacific (A-Pac) banking sectors in the second half of this year and 2021, according to Fitch Ratings.