Search For "scheduled commercial banks"
Deposit growth in India expected to slow to 11.2 pc YoY in 2025: Report
Updated : 1 year, 6 months ago IST
The deposit growth in the country will decelerate to 11.2 per cent YoY in fiscal year 2025, as banks face slower mobilisation of new deposits, highlights a report by B&K Securities.
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RBI issues master directions for entities operating on electronic trading
Updated : 1 year, 10 months ago IST
According to the guidelines, these directions will not apply to electronic systems operated by scheduled commercial banks and standalone primary dealers for transactions in eligible instruments, where the bank or primary dealer operating the electronic system is the sole quote.
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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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SBI Research highlights how PMMY revolutionised socio-cultural fabric of n
Updated : 2 years, 10 months ago IST
According to SBI Research, MUDRA has created an indelible print on India's rising micro, small and medium enterprises' (MSME) prowess through relentless promoting by a wide array of MLIs which are scheduled commercial banks (SCBs), non-banking finance companies (NBFCs), regional rural banks
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Consolidated balance sheet of scheduled commercial banks registered double
Updated : 3 years, 2 months ago IST
The consolidated balance sheet of scheduled commercial banks (SCBs) has registered double-digit growth in 2021-22, after a gap of seven years, said the Reserve Bank of India.
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'Loans worth Rs 1,74,966 cr written off in 2021-22': MoS Finance Bhagwat K
Updated : 3 years, 3 months ago IST
The Union Minister of State for Finance, Bhagwat Karad on Tuesday informed the Rajya Sabha that loans worth Rs 1,74,966 crores were written off by scheduled commercial banks (SCBs) in the last financial year and Rs 33,534 crores were recovered from written-off loans in the last financial yea
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75 Digital Banking units to be setup in 75 districts by scheduled commerci
Updated : 4 years, 1 month ago IST
New Delhi [India], February 1 (ANI): Union Finance Minister Nirmala Sitharaman on Tuesday announced the introduction of Digital Rupee which will be issued by the Reserve Bank of India starting 2022-23, along with the setting up of 75 digital banking units in 75 districts by scheduled commerc
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Banks' gross NPAs may rise to 9.5 per cent in Sept 2022: RBI
Updated : 4 years, 2 months ago IST
Mumbai [India], December 29 (ANI): The gross non-performing asset (GNPA) ratio of scheduled commercial banks is likely to increase to 9.5 per cent in September 2022 from 6.9 per cent in September 2021 in a severe stress scenario, the Reserve Bank of India (RBI) said on Wednesday.
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Nascent signs of recovery visible in Bank credit growth: RBI
Updated : 4 years, 2 months ago IST
Mumbai [India], December 28 (ANI): The consolidated balance sheet of scheduled commercial banks expanded in size during 2020-21 despite the contraction in economic activity due to the COVID-19 pandemic, according to 'Report on Trend and Progress of Banking in India 2020-21' released by the R
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Scheduled Commercial Banks recover Rs 90 cr from cyber financial frauds in
Updated : 4 years, 3 months ago IST
New Delhi [India], December 6 (ANI): Scheduled Commercial Banks has recovered around Rs 90 crores in an action against cyber financial frauds in the last five years, informed Union Minister of State for Finance Dr Bhagwat Kisanrao Karad in a written reply in Lok Sabha on Monday.
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Global economy 'not yet out of the woods', warns RBI Governor Shaktikanta
Updated : 4 years, 6 months ago IST
New Delhi [India], August 31 (ANI): Stating that there are signs of recovery, Reserve Bank of India (RBI) Governor Shaktikanta Das on Tuesday warned that the global economy is "not yet out of the woods" amid the ongoing COVID-19 pandemic.
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Covid-19 times may usher in new opportunities for banking sector: RBI
Updated : 5 years, 2 months ago IST
Mumbai (Maharashtra) [India], Dec 29 (ANI): The gross non-performing assets (GNPAs) ratio of scheduled commercial banks declined from 9.1 per cent at end-March 2019 to 8.2 per cent at end-March 2020 and further to 7.5 per cent at end-September, the Reserve Bank of India (RBI) said on Tuesday
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