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Indian Overseas Bank to focus on robust policy framework

The total business of the bank stood at Rs 3,74,530 crore as of March 2019 as against Rs 3,67,831 crore as of FY 2018.

Amount lost in bank frauds of above Rs 1 lakh on decline

Banks and select financial institutions reported to RBI that frauds of Rs 1 lakh and above amounting to Rs 25,884 crore occurred during 2016-17 .

ICICI Bank targets over 20% growth in retail loans in Kerala

Though one-third of the share of consumer loans is accounted by tier1 cities, the demand is growing rapidly in tier 2 and 3 cities.

Gross NPAs of banks may reduce to 8% by March 2020: Report

NPA in the banking system had peaked at 11.5 per cent in March 2018 and then declined to 9.3 per cent in March 2019.

Debit cards show up more at retail stores, less at ATMs

The RBI has set a goal of 44% PoS-based debit card transactions by 2021 to achieve less-cash economy.

RBI launches CMS for filing online complaints against banks, NBFCs

Customers can lodge complaints against any regulated entity with public interface such as commercial banks, urban cooperative banks, NBFCs.

As we enter Fintech's lend game, we must chart new growth trajectories

The first wave of fintech in India and pretty much globally was dominated by disruption of the payments space. With payments being more volume/transactiona...

Indiabulls Housing Finance-Lakshmi Vilas Bank merger gets CCI nod

The combined entity, with employee strength of 14,302, will have a loan book size of Rs 1.23 lakh crore for the first nine-month period of 2018-19.

IndusInd Bank-Bharat Financial merger to be effective from July 4

In accordance with the scheme, Bharat Financial shareholders will get 639 shares of the bank for every 1,000 held.

RBI slaps Rs 10 lakh fine on South Indian Bank

The penalty follows references from a government department and a private party alleging non-payment of invoked bank guarantees by the lender.

PNB's recovery of bad loans doubled to Rs 20,000 cr in FY19

PNB's recovery of bad loans doubled to Rs 20,000 cr in FY19

The bank suffered losses allegedly after jewellers Nirav Modi, Mehul Choksi and some bank employees collided to defraud PNB of about Rs 1,000 crore.

YES Bank's road ahead: Will investors say yes to Gill’s plans?

YES Bank's road ahead: Will investors say yes to Gill’s plans?

Kapoor has said Yes to Gill, for now. What about investors?

RBI fines HDFC Bank Rs 1 crore for violation of KYC norms

RBI fines HDFC Bank Rs 1 crore for violation of KYC norms

The fine pertains to submission of forged bill of entries (BoEs) by certain importers to HDFC Bank for remittance of foreign currency

Government begins groundwork for capital infusion in regional rural banks

Government begins groundwork for capital infusion in regional rural banks

The Reserve Bank of India has also been approached for amortising their liabilities over a time period.

View: Budget must outline more banking reforms

View: Budget must outline more banking reforms

Govt must ownership of all banks in a single holding company and leave it to appoint the PSB boards.

Deloitte global CEO met top officials to persuade them against the possible ban

Deloitte global CEO met top officials to persuade them against the possible ban

Deloitte global CEO Punit Renjen apprises North Block officials about impact of ban on Indian market

BANKING STOCKS
NSE
BSE

Company NameLatestChange%ChangeVolume
Nifty Bank30847.052450.80
HDFC Bank2428.710.750.442224950
State Bank of India356.553.350.9515922634
State Bank of Bikaner and Jaipur771.857.550.99216408
State Bank of Travancore608.758.051.341331860
Kotak Mahindra Bank1483.913.30.92052490
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