Banks

New Delhi: In a relief for embattled homebuyers who are yet to get possession of their houses in the stalled Amrapali Group projects, the Supreme Court on Wednesday directed the banks to release the loans given to the Amrapali homebuyers,…

Mumbai: The number of coronavirus positive cases is increasing in India in every passing day. The government has issued several guidelines to contain spread of COVID19. In this scenario, several major banks have come forward to help their…

New Delhi: Banks may not extend second moratorium to all their customers amid gradual resumption in business activity and rising asset quality risk emerging from longer duration loan forbearance. Sources said that banks are evaluating…

Bhubaneswar: The markets seem to have been  badly hit by the Coronavirus outbreak. All commercial banks including regional rural banks, cooperative banks, NBFCs (including housing finance companies) and  lending institutions are being…

New Delhi: The PSU Banks may see enhanced profits with write-back of some of the loans provisions in their balancesheets on account of the IBC resolutions and they must now tap the market themselves instead of looking for recapitalisation,…

Bhubaneswar: The Odisha government here on Saturday asked banks to set up brick-and-mortar branches in the unbanked regions of the state. While the government is stressing direct benefit transfer (DBT) under several schemes, as many as…

New Delhi:Tightening its noose in bank fraud cases worth Rs 7,000 crore, the Central Bureau of Investigation (CBI) on Tuesday carried out searches at over 169 locations across the country. A senior CBI official said the agency is…

All major public and private banks in India levy charges on customers for various uses of an ATM card. The banks provide only a certain number of transactions and services that are free. The ATM charges depend on the type of action-  …

Regular savings bank accounts require customers to maintain average monthly balance (AMB) to avoid any penalties. AMB is the minimum average of deposits required by the bank customers in their regular savings bank accounts. Banks…

New Delhi: The Central government is looking forward to talks with the Reserve Bank of India (RBI), for relaxing the capital norms for banks in order to bring them in line with less stringent Basel III guidelines. It is being said that this…