FinMin Sets Up Panel To Suggest Changes To SARFAESI, DRT Acts To Speed Up Debt Recovery Process

To speed up the debt recovery process, the Finance Ministry has set up a panel to…

SBI Net Profit Declines 35 Pc To Rs 9,164 Crore In Q3

New Delhi: The country’s largest lender SBI on Saturday reported a 35 percent fall in standalone…

Banks See Bad Assets Improve To Multi-Year Low Of 0.8% In September: RBI

The Reserve Bank of India on Thursday said that the net non-performing assets ratio of banks…

Union Bank Q4: Net Profit Rises 93.3 Per Cent To Rs 2,782 Crore

Public sector lender Union Bank of India reported a 93.27 per cent rise in standalone net…

Gross NPA Ratio Declined From Peak 14.6% In March 2018 To 5.53% In December 2022: Govt In LS

Asset quality of Public Sector Banks (PSBs) has improved significantly with the Gross NPA ratio declining…

HDFC Bank Q3 Results: Lenders Profit Rises 19.9 Per Cent To Rs 12,698 Crore

HDFC Bank reported a 19.9 percent year-on-year increase in its consolidated net profit for the quarter…

Turnaround Of PSBs: A Story From Doom To Bloom; Journey Towards Rs 1 Lakh Crore Profit

Public sector banks have travelled a long distance since 2017 when they posted a net loss…

Frontloaded Monetary Policy Actions To Bring Inflation Further Under Control: RBI Report

India’s retail inflation has moderated after remaining above the upper tolerance level since January, and frontloaded…

CBI arrests ex-ICICI Bank CEO Chanda Kochhar, husband Deepak Kochhar in Videocon loan fraud case

Image Source : PTI CBI arrests ex-ICICI Bank CEO Chanda Kochhar, husband Deepak Kochhar in Videocon…

Gross NPAs Of Banks Fall To 6-Year Low Of 5.9 Per Cent In March 2022: Nirmala Sitharaman

Union Finance Minister Nirmala Sitharaman on Wednesday said that gross non-performing assets (NPA) have come down…