Tag Archives: banks

Firebrand Dalit leader banks heavily on Muslim support

VADGAM: Driving on SH 712, heading southeast from Palanpur, headquarters of Banaskantha district, comes a fork on the road which reads: “Vadgam 5km, Vadnagar 54km”. In Gujarati, Vadgam is ‘village of banyan trees’ and Vadnagar is ‘town of banyan trees’, ...

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Recapitalisation monumental step, says RBI Gov Urjit Patel, better banks ahead in line for capital

Of the total of 22 PSU banks, as many as eight currently have gross non-performing assets (GNPA) above 15 per cent while 14 banks have GNPA of more than 12 per cent. WHILE Reserve Bank Governor Urjit Patel Wednesday termed ...

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Government Faces ‘Catch-22 Situation’ Over Banks’ Non-Performing Assets, Says Arun Jaitley

“I inherited a banking system whose monies were lying in non-performing assets,” said the finance minister. Washington: Finance Minister Arun Jaitley has said the government, faced with a “catch-22 situation” over the issue of non-performing assets, is working on a plan ...

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Arundhati Bhattacharya, outgoing SBI chief: Among unfinished agendas is revival of credit growth

After steering State Bank of India (SBI) as its chairman for three years, Arundhati Bhattacharya bid adieu to the bank on Friday. The outgoing chief told reporters that among her unfinished agenda is revival of credit growth. After steering State ...

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Here is why RBI wants leading rates to be linked with external benchmark rates

MUMBAI: Those who avail of home loans and personal loans could soon be on par with the big corporates when it comes to how banks calculate interest charges on borrowers. Interest rates on loans across the board would soon be ...

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