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About 541 results for "bank of india"

Bank Of Baroda Q3 Loss At Rs 3,342 Crore, Biggest For Any Lender
Businessworld India

Uco Bank slips into red with Rs 1,497 crore loss

KOLKATA: The strain that Indian banking sector is going through has aggravated further with Uco Bank becoming the latest to slip into red for the December quarter with its gross sticky loan ratio deteriorating to nearly 11%. The state-run lender ... Economic Times, 3 hours ago

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India Infoline, 2 days ago
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Business Insider India

On-tap issue of bank licences soon: Raghuram Rajan

Reserve Bank of India governor Raghuram G Rajan on Saturday said the central bank will soon begin on-tap issuance of bank licences. Delivering a lecture on financial sector reforms in India in Kochi on Saturday, Rajan said public sector bank boards ...
 Financial Express12 minutes ago Prepare for serious competition, from new entrants, banks told  The Hindu55 minutes ago RBI hopes to put on-tap banking license soon: Raghuram Rajan  Smart Investor3 hours ago Tackling NPAs effectively  New Delhi Pioneer9 hours ago
The Hindu

RBI cannot drop guard on inflation

Reserve Bank of India Governor Raghuram Rajan may have raised a quiet toast with his colleagues on Friday evening after retail inflation data showed the central bank had met its January 2016 target of slowing the price gains to under 6 per cent. The ...
 The Hindu59 minutes ago
DNA India

Kingfisher House auction in March, base price Rs150 cr

The State Bank of India-led lenders' consortium has decided to auction Kingfisher House in Mumbai on 17 March in a bid to recover a part of the Rs6,963 crore due from the long-grounded Kingfisher Airlines. The e-auction will be done under Securitisation and ...
 Domain Business7 hours ago Kingfisher House in Mumbai to be auctioned, lenders preparing to recover Rs 100 crore from the property  MyInforms1 day ago SBI-led consortium to e-auction Kingfisher House on March 17  DNA India12 hours ago Kingfisher House to go under hammer  Deccan Herald22 hours ago
Business Standard India

Bank of Baroda posts highest-ever loss in industry

Public sector lender Bank of Baroda (BoB) posted highest-ever quarterly loss by an Indian bank of Rs 3, 342 crore in the quarter ended December 2015 on account of an almost five times increase in provisions for bad loans. It had posted net profit of ...
 Smart Investor2 hours ago
Businessworld India

NPA problem exaggerated; market over-reacting: FM

The Reserve Bank of India (RBI), through various policies, have empowered banks to deal with the situation, Finance Minister Arun Jaitley says.
 Money Control1 day ago Burden of bad loans: Don't overreact to bank woes, says FM Arun Jaitley  Economic Times23 hours ago More Steps In Offing To Empower Banks To Recover Bad Loans: FM  Businessworld India1 day ago FM seeks long-term foreign funds to push infra projects  Deccan Herald1 week ago
Business Today India

PSU banks post losses in Q3 as bad loans mount

Hit by mounting bad loans, three public sector banks, namely Central Bank of India, Allahabad Bank and Dena Bank, reported losses while Punjab National Bank posted a sharp decline in profit for the third quarter of 2015-16. Increase in provisioning ...
 Business Standard4 days ago IDBI Bank posts Rs 2,184 cr loss on sharp rise in bad loans andprovisioning  Yahoo! India16 hours ago The good thing about the banks' falling profits in Q3  Business Today India1 day ago
New Indian Express

'RBI Does Only Hissing but Not Bite Wilful Defaulters'

CHENNAI: The Reserve Bank of India (RBI) only notes cases of loan default but does not take any action and the only reform needed in India is action against wilful loan defaulters, said a top leader of a major bank employees union. "The fact is ...
 New Indian Express14 hours ago 'RBI does't act, need to criminalise wilful default'  Prokerala1 day ago

Loan fraud: CBI raids 15 premises in Bhopal

Bhopal: CBI on Thursday raided premises of 15 companies and a branch office of Bank of India (BOI) in connection with a bank loan fraud of Rs 5 crore. According to CBI sources, a complaint was received from the BoI headquarters that a sum of Rs 4.3 ...
 Times of India15 hours ago

High Court refuses to discharge bank manager from CBI case

The Madras High Court on Friday refused to discharge former Chief Manager of Union Bank of India, Mount Road Branch, Chennai, from a corruption case registered against him on charges of entering into a criminal conspiracy with one of its customers ...
 The Hindu19 hours ago
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