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Indian Banking system

Indian banking system safe and stable, no need to panic: RBI

The Reserve Bank of India (RBI) has assured the general public that the Indian banking system is safe and stable and there is no need for panic based on rumours. 

Oct 02, 2019, 07:42 AM IST

Banks may remain shut for five days due to strikes, holidays

In the wake of strikes and holidays, the banks will remain closed from next Friday to Wednesday, except Monday and the banking services could adversely be affected on these days.

Dec 19, 2018, 19:24 PM IST

Ready to be 'Neelakantha', drink poison to clean the banking system: RBI Governor Urijit Patel

RBI Governor Urijit Patel has said that he will do everything possible to clean the scam-hit Indian banking system.

Mar 15, 2018, 07:59 AM IST

PNB fraud: Arun Jaitley rules out privatisation of state-run lenders

FM Jaitley said that the Indian political opinion may not find favour with this idea itself as it's a very challenging decision.

Feb 24, 2018, 22:08 PM IST

Know what happens to fixed deposits if your bank shuts down

One of the major reasons why our parents and many in our generation would like to have this investment pool, is because of it's safety features.

Jan 11, 2018, 18:16 PM IST

Ransomware WannaCry to attack Indian banking system soon

Despite downplay of rasomware WannaCry`s impact by the Centre; IT experts have cautioned users that the number of effected organizations is expectedly to rise rapidly.

May 16, 2017, 11:47 AM IST

Indian banks will get more resilient despite bad debt: Moody's

Out of 16 banking systems in the Asia-Pacific for which Moody's has an outlook in place, 13 have stable and three have negative.

Dec 14, 2015, 16:19 PM IST

India on marathon path; markets don't need steroids: Kotak

Kotak also said that one of the biggest challenges today was the history of excessive leverage by India Inc.

May 31, 2015, 14:58 PM IST

RBI issues framework for leverage ratio for banks

The Reserve Bank on Thursday issued a framework for leverage ratio in line with Basel III norms to enable banks to strengthen risk management system and avert any possible crisis.

Jan 08, 2015, 19:45 PM IST

'Inter-connectedness exposes banking system to contagion risk'

The Indian banking system faces a possible contagion risk in case of trouble at one bank given the inter-connectedness between some lenders, the Reserve Bank said Monday.

Dec 29, 2014, 20:05 PM IST

PSU banks account for over 90% of total bad loans in FY'14

Private sector banks had gross NPAs of Rs 22,738 crore as of March 31, 2014.

Nov 25, 2014, 20:43 PM IST

RBI, SEBI to issue fresh warnings on Iran funds

To check flow of Iran money into the Indian banking system and capital markets, financial regulators RBI and SEBI will soon issue fresh warnings asking entities under their respective jurisdictions to remain vigilant about the entities and funds with Iranian links.

Jul 07, 2013, 12:19 PM IST

Marginal rise in complaints against public sector banks: FM

The government Friday said there has been a marginal increase in the number of customer complaints received against public sector banks (PSBs).

Dec 07, 2012, 17:54 PM IST

Liquidity is comfortable at the moment: RBI

The Reserve Bank on Wednesday said there is enough liquidity to take care of the lending activities of the banking system.

Nov 21, 2012, 16:32 PM IST

Banks' power sector exposure may touch Rs 9 lakh crore by FY15

Power sector woes might result in significant bad loans in the Indian banking system, whose exposure to this segment is projected to touch Rs 9 lakh crore in next three years, says a report.

Jun 27, 2012, 00:28 AM IST

RBI proposes loaning out govt's excess cash: Report

India's central bank has proposed loaning out the government's excess cash to commercial lenders, a daily business newspaper reported on Friday, without citing any sources.

Apr 20, 2012, 10:04 AM IST