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Arun Jaitley to chair high-level meet on bank NPAs today

Arun Jaitley to chair high-level meet on bank NPAs today

The meeting, which will also be attended by Financial Services Secretary Anjuly Chib Duggal, will discuss ways of resolution of stressed assets urgently.

HSBC's India headcount rises by 4,000 despite global drop

HSBC's India headcount rises by 4,000 despite global drop

UK-based banking major HSBC saw its India headcount rise by 4,000 people to reach 37,000 last year even as its worldwide workforce got trimmed by nearly 23,000 persons.

'Bad bank' to speed up stressed assets resolution: Fitch

'Bad bank' to speed up stressed assets resolution: Fitch

Setting up of a 'bad bank' can accelerate the resolution of stressed assets in the banking sector but that would also require a credible capital infusion plan by the government, Fitch Ratings said on Friday.

Economic Survey 2017: Policy making constrained due to bureaucratic caution

Economic Survey 2017: Policy making constrained due to bureaucratic caution

Policy making in certain areas like telecom and banking has been severely constrained due to "abundant caution in bureaucratic decision-making", the Economic Survey said on Tuesday.

Bankruptcy Code can potentially free Rs 25,000 cr in NPAs in 5 years: Assocham

Bankruptcy Code can potentially free Rs 25,000 cr in NPAs in 5 years: Assocham

Proper implementation of the Insolvency and Bankruptcy Code, 2016 can potentially free about Rs 25,000 crore capital locked up as non-performing assets (NPAs), or bad loans, over the next four-five years, Assocham said on Monday.

Banks to remain closed for 5 straight days; take out cash before ATMs dry up

Banks to remain closed for 5 straight days; take out cash before ATMs dry up

If you want to get regular services like cheque clearance, cash deposits done, must ensure that you complete them by Friday.

NPAs to dip on high industrial capacity utilisation: SBI chief

NPAs to dip on high industrial capacity utilisation: SBI chief

SBI chairperson Arundhati Bhattacharya Monday said the stressed assets level in the banking sector will come down once the key industrial sectors start functioning at their optimum capacity.

Govt to focus reforms on tax, banks, infrastructure: Arun Jaitley

Govt to focus reforms on tax, banks, infrastructure: Arun Jaitley

The top economic policy priorities for the Indian government are to pass a planned Goods and Services Tax, to revive the banking sector and get stalled infrastructure projects moving, Finance Minister Arun Jaitley said on Wednesday.

PSB losses on higher provisioning, will provide more funds: Finance Minister

PSB losses on higher provisioning, will provide more funds: Finance Minister

New Delhi: Committing to provide more funds for recapitalisation of state-owned banks, Finance Minister Arun Jaitley on Monday said that cumulative losses of Rs 18,000 crore suffered by them last fiscal were mainly on account of higher provisioning for bad loans.

Two years of Modi government: Key tasks yet to be fulfilled!

Two years of Modi government: Key tasks yet to be fulfilled!

As Narendra Modi led National Democratic Alliance (NDA) government completes two years in office, we are evaluating the promises fulfilled and those still incomplete here. 

Shocking: One-third of a bank stock you buy is going away as bad loan!

Shocking: One-third of a bank stock you buy is going away as bad loan!

It's not hidden from anyone that the Indian banking sector is in a great mess. The earnings numbers from the 25 banks for FY16 have clearly shown that the scenario is not very encouraging.

NPAs may rise to 6.9% under severe stress scenario: Finance Ministry

NPAs may rise to 6.9% under severe stress scenario: Finance Ministry

Attributing mounting bad loans to economic sluggishness, Finance Ministry's annual report has said gross non-performing assets (GNPAs) of banks could soar to 6.9 per cent by March 2017 in a "severe stress scenario".

Bank employees union calls for nationwide strike on Aug 29

Bank employees union calls for nationwide strike on Aug 29

An umbrella body of bank unions has called for a nationwide strike on August 29 to protest against the government's banking reforms.

Risk-pricing must improve for better asset quality, says Kotak

Stating that there is an urgent need to arrest rising bad loans, Uday Kotak, head of Kotak Mahindra Bank, today said the problem arose as bankers excessively focussed on collaterals and not the cash flow prospects of the funded projects.

OBC savings account holders to earn interest on monthly basis

A month after RBI's advisory to banks on crediting interest at a shorter interval, state-owned Oriental Bank of Commerce (OBC) on Friday said it has started doing that on monthly basis for savings account holders.

Vodafone laying the groundwork for its IPO

Vodafone laying the groundwork for its IPO

British telecom firm Vodafone today said it is doing the groundwork for a potential IPO of its Indian arm and holding private discussions with banks, but no decision has been taken as of now.

Expert advice on Banking sector

Share Bazar, Mandi Live, Aap Ka Bazar, First Trade, Big Debate etc.

Antim Baazi : Stock Update Banking Sector

Zee Business, India's first 24-hour Hindi business channel, was conceived to offer 'information' and 'insight' and bring business and economy coverage to you in your own language.
Take a look at the below given playlists and check out the videos:

Antim Baazi : Expert View on Banking Sector

Zee Business, India's first 24-hour Hindi business channel, was conceived to offer 'information' and 'insight' and bring business and economy coverage to you in your own language.
Take a look at the below given playlists and check out the videos:

Avendus-KKR deal reopens old trend: i-banks diversification

Since the late 1990s and early 2000, many brokerages began to diversify and became financial services firms to minimise risks.