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PRIVATE SECTOR BANK NEWS
Stress test: Banks’ GNPA ratio may rise to 3% in Mar 2026 from 2.6% in Sept 2024, hints RBI
December 31, 2024 10:03 am
While the baseline scenario is derived from the forecasted path of macroeconomic variables, the two adverse scenarios are stringent conservative hypothetical stress scenario.
Private Banks not lending enough to corporates a concern: DFS Secretary
July 27, 2024 4:15 pm
DFS Secretary said that the gap between deposit and credit growth is widening but the Current Account Saving Account (CASA) ratio for scheduled commercial banks is still at a healthy 41 per cent.
IndusInd Bank Q4 net profit rises 46% to Rs 2,043 crore, announces dividend of Rs 14/share
April 25, 2023 9:14 am
IndusInd's gross NPA in the fourth quarter improved to 1.98 per cent from 2.27 per cent YoY.
Bank employee held for stealing customer data to issue credit card, withdrawing Rs 81K
July 17, 2022 9:08 pm
The credit card agent of a leading private bank took the personal details of a 24-year-old woman and got a credit card issued in her name.
Panel: Private banks lag in crop loan disbursals in Maharashtra
January 29, 2022 12:49 am
🔴 The achievement under the annual credit plan and crops loans in Maharashtra has fallen below the target set by the State Level Bankers’ Committee
Permission for new pvt banks to participate in govt business will be based on RBI guidelines: FM Sitharaman
March 16, 2021 8:55 pm
Sitharaman, during the Question Hour in the Rajya Sabha, said the government has now "only indicated" the RBI to allow other private banks to perform government-related business to ensure there is a level playing field.
Centre lifts embargo on private banks to engage in government-related business
February 24, 2021 7:37 pm
Before this, only a few private banks were permitted to engage in government businesses such as taxes and other revenue payment facilities, pension payments, small savings schemes, etc.
RBI panel proposes to raise promoters cap to 26% in private banks
November 20, 2020 5:24 pm
The group has also recommended that large corporate or industrial houses may be allowed as promoters of banks only after amendments to the Banking Regulation Act and strengthening of the supervisory mechanism for conglomerates, including consolidated supervision.
Divergence in avg disbursement under ECLGS: Pvt banks, NBFCs focus on large accounts, while PSBs cater to smaller borrowers
August 16, 2020 12:43 am
Of the total 22.77 lakh loan accounts which received disbursement under the scheme, public sector banks (PSBs) catered to 19.84 lakh crore — or 87.1 per cent of total accounts — while remaining 2.93 lakh accounts — or 12.9 per cent — were served by private banks and non-banking financial companies (NBFCs).
RBI loan moratorium: List of banks offering 'opt-in' and 'opt-out'
April 02, 2020 2:51 pm
Most of India's private sector banks such as HDFC Bank, ICICI Bank and Kotak Mahindra Bank have decided to go for the 'opt-in' option for their customers and have asked them to inform the bank in case they wish to opt for the three-month moratorium period.
PRIVATE SECTOR BANK PHOTOS
Two-day bank strike ends; unions warn of intensifying stir if govt goes ahead with privatisation of PSBs
March 16, 2021 11:08 pm
The United Forum of Bank Unions (UFBU), consisting of nine bank unions, had given the strike call to protest against the government's decision to privatise two more public sector lenders.
Two-day bank strike: As services are hit across India, unions call it 'total success'
May 31, 2018 7:31 pm
The two-day strike across the nation affected banking operations, and caused inconvenience to customers given it came during the month-end.
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