Fitch affirms ratings on 9 Indian banks

Last Updated: Tuesday, September 1, 2015, 19:17

International ratings agency Fitch has downgraded viability rating of state-run Punjab National Bank by a notch while affirming ratings on nine banks, including SBI and ICICI Bank.

Asian dividend funds turn to China, India to counter US Fed hike

Last Updated: Monday, August 3, 2015, 08:41

Some fund managers say they are shifting from traditional favourites such as investment trusts, telecoms and utilities to emerging market companies offering faster earnings growth and cheaper valuations.

New health cover for bank employees to be ready by month-end

Last Updated: Sunday, August 2, 2015, 15:03

All state-run general insurers are likely to issue a master mediclaim policy for bank employees through Indian Banks Association (IBA) by this month end.

Banks to witness bad-loans pressure in FY'16: Moody's

Last Updated: Tuesday, July 28, 2015, 15:40

State-owned banks have little capacity to improve their generally weak capital buffers through retained earnings as capital infusion, including from government, is likely to remain scarce, it said.

Banks to witness bad-loans pressure in FY'16: Moody's

Last Updated: Tuesday, July 28, 2015, 15:40

State-owned banks have little capacity to improve their generally weak capital buffers through retained earnings as capital infusion, including from government, is likely to remain scarce, it said.

Unable to pay loan? Get ready to be named and shamed

Last Updated: Thursday, July 23, 2015, 08:43

India`s bad debt pile, dominated by corporate loans, is at its highest in a decade, swollen by an economic slowdown, loose lending and, in many cases, banks` own failure to do enough to chase down rogue debtors.

Indian banks opt for offbeat tactics to tackle $49 billion of bad debts

Last Updated: Thursday, July 23, 2015, 08:32

Under pressure to do more to cut a $49 billion mountain of bad debt, India`s state-owned banks are reversing years of lax recovery efforts, naming and shaming smaller borrowers and even using big TV screens at shopping malls to advertise seized assets for sale.

'Challenges for PSU banks remain despite uptick in economy'

Last Updated: Monday, July 6, 2015, 10:22

Fitch Ratings' on Monday said challenges for state-owned banks remain despite improving macro picture.

Standard format for reporting bank fraud cases on anvil

Last Updated: Sunday, June 28, 2015, 15:40

"Information received from the banks are highly unstructured which makes mining of data contained in the statements very difficult. They also use different narrations for debit and credit entries which are sometimes very cryptic in nature, making it difficult to decipher the nature of transactions and hence the money trail," an official said.

BSE Sensex falls, RBI stress test shows likely jump in bad loans for private banks

Last Updated: Friday, June 26, 2015, 11:56

The RBI also said the probability of slippage of state electricity boards` exposure to bad loans is very high considering the implementation of new regulatory norms effective April 1, 2015.

Basel panel says Indian banks ''largely compliant'' on liquidity standards: RBI

Last Updated: Tuesday, June 16, 2015, 21:11

A Basel committee has assessed Indian banks` liquidity coverage ratio requirements as `largely compliant` with the minimum prescribed standards, the Reserve Bank of India said in a circular on Tuesday.

RBI norms on corporate loan recast credit Positive for banks: Moody's

Last Updated: Monday, June 15, 2015, 14:39

The new RBI guidelines will allow banks to acquire majority equity stakes in corporates that are unable to honour their debt commitments. And acquiring a majority stake would make it easier for the banks to install new company management.