Coronavirus COVID-19 crisis: Indian banking sector safe and sound, don’t resort to panic withdrawal from private banks: RBI
"The Indian banking sector is safe & sound. Depositors of commercial banks including private banks need not worry on the safety of their funds,’’ RBI Governor Shaktikanta Das said.
Mar 27, 2020, 11:19 AM IST
Bank employees to go ahead with August 22 nationwide strike
The United Forum of Bank Unions (UFBU) on Wednesday declared that their nationwide strike call for August 22 stands as the talks with the Indian Banks` Association (IBA) in Mumbai have failed.
Aug 16, 2017, 19:17 PM IST
Fitch Ratings retains 'negative' outlook for India's banking sector
Fitch re-affirmed its "negative" outlook for India`s banking sector, saying the financial standing remained "fragile" without bigger capital injections and that the government`s action on banknotes could end up having a mixed impact.
Nov 22, 2016, 14:58 PM IST
Banks moving past worst asset quality cycle, outlook stable: Moody's
India's banking system outlook is likely to be stable over the next 12-18 months as the pace of formation of bad loans is expected to decrease compared to last five years, global rating agency Moody's said Monday.
Sep 19, 2016, 17:53 PM IST
Indian banking outlook stable; new NPA formation slow: Moody's
The pace of bad loan formation is going to slower resulting in a stable outlook for the Indian banking sector over the next 12-18 months, Moody's Investors Service said.
Sep 19, 2016, 15:31 PM IST
Bandhan Bank joins Indian banking league with 501 branches
Bandhan Bank Sunday began operations as a full-fledged bank with 501 branches and 1.43 crore accounts across the country, becoming the newest member of the estimated USD two-trillion Indian banking industry.
Aug 23, 2015, 21:12 PM IST
Challenging times for banking sector: RBI
Indian banking sector is going through challenging times, characterised by low credit, impairment of assets and low profitability, RBI deputy governor H R Khan said Sunday.
Aug 23, 2015, 19:21 PM IST
Lack of professionalism, resisting tech ailing coop banks: RBI
Coming down hard on cooperative banks, RBI Deputy Governor R Gandhi on Friday said their share is below 5 percent despite large number, as they have not kept pace with technological advances and lack professionalism.
Jun 19, 2015, 19:51 PM IST
Re-capitalise state banks for economic prosperity: Expert
India needs to privatise and change the character of its state-owned banks which have massive bad loans that have become a drag on economic growth, a leading financial expert said here.
May 27, 2015, 15:19 PM IST
Enough space for China banks to complement India story: Kochhar
ICICI shares are listed in India on BSE and NSE, while its American Depositary Receipts are listed on the NYSE.
May 17, 2015, 16:46 PM IST
