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COMMERCIAL BANK NEWS

Bad loans decline: Banks' gross NPA ratio declines to 13-year low of 2.5% at September end, says RBI report

December 27, 2024 7:47 am

The slippage ratio, which measures new accretions to NPAs as a share of standard advances at the beginning of the year, also witnessed an improvement during 2023-24.

Express RTI: Top 100 defaulters accounted for 43% of total NPAs, over Rs 4 lakh crore in total

December 16, 2024 7:45 am

Manufacturing, energy, construction dominate bad loans list till March 2019.

RBI fixes customer liability for unauthorised transactions

July 07, 2017 7:34 am

The liability will be Rs 10,000 for current accounts/ cash credit/ overdraft accounts of individuals with annual average balance (during 365 days preceding the incidence of fraud)/ limit up to Rs 25 lakh and credit cards with limit up to Rs 5 lakh.

Banking on ourselves

May 30, 2014 12:07 am

What we must learn and unlearn from the West’s financial overhaul.

SBI reports steady Q3 profit

January 26, 2010 12:11 am

State Bank of India,India’s largest commercial bank,has posted a flat,but better-than-expected,net profit of Rs 2,479 crore during the October-December period as compared with Rs 2,478 crore a year earlier.....

More banks slash lending rates

January 11, 2009 11:39 pm

More commercial banks cut the interest rates following the RBI decision to slash repo,reverse repo rates and cash reserve ratio (CRR) recently...

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