Bank lending continued to rise in April as credit demand picked up across sectors barring industry. Non-food credit rose 16.1% in April from 11.4% a […]
Tag: rbi
12 PSU banks come under National SC Commission’s lens
Twelve public sector banks have come under the National Commission for Scheduled Castes’ scanner for non-implementation of central schemes, low loan disbursal and not filling […]
Yes Bank advertising spend to be 30 pc higher in FY24: Official
Yes Bank is planning to up the ante on marketing and will be spending 30 per cent higher on advertising activities in FY24, a senior […]
Karnataka Bank appoints Veteran Banker Srikrishnan Harihara Sarma as its New MD & CEO
Leading south Indian private bank – Karnataka Bank, is pleased to announce the appointment of Mr. Srikrishnan Harihara Sarma as the new Managing Director & […]
Bank boards, directors need to be vigilant to questionable corporate governance practices: Shaktikanta Das
Questionable corporate governance practices in some banks – from evergreening of loans to CEO dominance – have come to the regulator’s attention and the board […]
Banks need to improve digitalisation and keep vigil on stressed asset: MoS Finance
Minister of State for Finance Bhagwat K Karad on Monday said banks need to focus on digitalisation and keep a vigil on stressed loans. Bank […]
Depositors should feel secure and restart transactions: Kale on merger
Explaining in detail about the voluntary merger of Maratha Sahakari Bank into Cosmos Bank, Cosmos Bank Chairman CA Kale informed that the deposits of Rs. […]
Centre in talks with banks on transfer of attached assets
The Centre is in discussions with banks to work out a regulatory mechanism to transfer assets attached by various investigative agencies to a buyer or […]
Bank of Maharashtra top performer in NPA management during FY23
Bank of Maharashtra (BoM) has emerged as the best bank as far as management of bad loans is concerned with its net non-performing assets (NPAs) […]
RBI approves the voluntary amalgamation of Maratha Sahakari Bank Ltd., Mumbai with The Cosmos Cooperative Bank Limited, Pune
The Reserve Bank of India has sanctioned the Scheme of Amalgamation of Maratha Sahakari Bank Ltd., Mumbai, Maharashtra with The Cosmos Co-operative Bank Limited, Pune, […]