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Indian Banking system News

02 Oct 2019

Indian banking system safe and stable, no need to panic: RBI

The Reserve Bank of India (RBI) has assured the general public that the Indian banking system is safe and stable and there is no need for panic based on rumours.

19 Dec 2018

Banks may remain shut for five days due to strikes, holidays

In the wake of strikes and holidays, the banks will remain closed from next Friday to Wednesday, except Monday and the banking services could adversely be affected on these days.

15 Mar 2018

Ready to drink poison to clean the banking system: RBI Governor

RBI Governor Urijit Patel has said that he will do everything possible to clean the scam-hit Indian banking system.

24 Feb 2018

PNB fraud: Arun Jaitley rules out privatisation of state-run lenders

FM Jaitley said that the Indian political opinion may not find favour with this idea itself as it's a very challenging decision.

11 Jan 2018

Know what happens to fixed deposits if your bank shuts down

One of the major reasons why our parents and many in our generation would like to have this investment pool, is because of it's safety features.

16 May 2017

Ransomware WannaCry to attack Indian banking system soon

Despite downplay of rasomware WannaCry`s impact by the Centre; IT experts have cautioned users that the number of effected organizations is expectedly to rise rapidly.

Indian Banking system

14 Dec 2015

Indian banks will get more resilient despite bad debt: Moody's

Out of 16 banking systems in the Asia-Pacific for which Moody's has an outlook in place, 13 have stable and three have negative.

31 May 2015

India on marathon path; markets don't need steroids: Kotak

Kotak also said that one of the biggest challenges today was the history of excessive leverage by India Inc.

Indian Banking system

08 Jan 2015

RBI issues framework for leverage ratio for banks

The Reserve Bank on Thursday issued a framework for leverage ratio in line with Basel III norms to enable banks to strengthen risk management system and avert any possible crisis.

29 Dec 2014

'Inter-connectedness exposes banking system to contagion risk'

The Indian banking system faces a possible contagion risk in case of trouble at one bank given the inter-connectedness between some lenders, the Reserve Bank said Monday.

25 Nov 2014

PSU banks account for over 90% of total bad loans in FY'14

Private sector banks had gross NPAs of Rs 22,738 crore as of March 31, 2014.

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