With the lockdown in place, many banks have limited their working hours. Every second and fourth Saturday is also a bank holiday.

Dhawan will assume charge from Saturday in place of Ashish Agarwal, the current chief risk officer, who will transition to a new role in the bank.

In his opening remarks, the governor appreciated the efforts of banks in ensuring normal to near normal operations during the lockdown period.

The RBI said the bank is not in a position to pay its current or future depositors and has violated regulatory norms for minimum capital requirement.

Indian banks are already grappling with 9.35 lakh crore rupees ($123 billion) of soured loans, which was equivalent to about 9.1% of their total assets at the end of September 2019.

The NSE Nifty 50 index was down 4.25% at 9,448.15, while the S&P BSE Sensex was 4.34% lower at 32,260.30.

The brand, whose clothes have been worn by former first lady Michelle Obama, said online sales operations, which account for more than half its revenues, will continue as normal.

Analysts agree that Covid-19 pandemic will lead to an increase in bank's gross non-performing assets with some reports pegging the stock to double as well.

The SC said cooperative banks cannot carry on any activity without compliance of the provisions of the Banking Regulation Act, 1949 and any other legislation applicable to such banks relatable to 'Banking'.

After swinging over 800 points during the day, the 30-share index closed 232.24 points or 0.74 per cent higher at 31,685.75.

The move from Kotak Mahindra comes weeks after the top management voluntarily surrendered 15 per cent of their payments for 2020-21.

Yes Bank's board had to be superseded by the RBI and the government earlier this year after alleged mismanagement under its founder CEO Rana Kapoor.

She further said that state-owned banks implemented the moratorium announced by the RBI on repayment of loans.

In the year-ago fortnight, bank loans had stood at Rs 96.20 lakh crore and deposits at Rs 124.83 lakh crore.

The bank had posted a net profit of Rs 969 crore in the corresponding January-March period of 2018-19.

PGA Tour decided to ensure status for all players, exempt in 2019-20, to retain their status for 2020-21, too.

Sun Yang was found guilty of refusing to give a doping sample and was banned for eight years for the same.

Egypt's Youssef Hossam received life ban for match-fixing and his brother has got the same two years ago for corruption.

WWE Money in the Bank 2020 will see the corporate ladder match at the rooftop of the Titan Towers, WWE Headquarters.

Melissa and Winston Rauch also share three-year-old daughter, Sadie.

Bollywood actress Kriti Kharbanda does her own fight sequences in this BTS video from her 2019 movie 'Housefull 4'.

Titled 'Game Changer', Banksy's new artwork depicts a young boy sitting on the floor playing with a nurse superhero toy.

Kriti Kharbanda, who is reminiscing the time when she used to do pole dancing, revealed that she regrets not installing a pole at home.

Shilpa Shetty, who keeps entertaining her fans with TikTok videos with husband Raj Kundra, shared a funny video where she can be seen yelling at her husband for questioning her 'Aloo Paratha'.

After Four More Shots Please season 2 received a phenomenal response, makers have announced a new season.

The malware spreads through side-loaded apps and gains deep level access to Android phones to extract sensitive data about banking apps.

Following the acquisition, Moovit could become part of Intel's Israeli automotive hub, which is anchored by the autonomous driving company Mobileye.

Apple and Google said privacy and preventing governments from using the system to compile data on citizens was the primary goal

Urban Company's grooming services at home are being resumed depending on zones — check if you can get a haircut at home now.

Umar, who turns 30 next month, pleaded guilty to not reporting the fixing offers which led to his provisional suspension on February 20 this year.

Akmal was referring to Mohammad Irfan and Mohammad Nawaz who were banned for short periods after not reporting approaches made to them.

Umar has the right to appeal against the panel decision 14 days after he gets a copy of the detailed judgement. His appeal will be heard by an independent adjudicator to be appointed by the board.

Dabangg 3 review: The challenge to a popular movie franchise like Dabangg is that it requires novelty and sameness in equal parts and the team does get its balance right.

A 19-year-old pregnant woman was murdered by her husband in Madikeri town on Wednesday.

Merzban Patel, who is legendary hockey coach, will be conferred with the Dronacharya Award at the sports awards ceremony in New Delhi next week.

The second edition of the Hockey Pro League will be played between January 11 and June 28.

India will host the Men's Hockey World Cup for the second consecutive time with Bhubaneswar and Rourkela serving as host cities.

The graphic novel is published by Campfire and has illustrations by award-winning artist Sachin Nagar. Author and screenwriter Banker's writing spans across genres of crime thrillers, essays, literary criticism and fiction

Italian footballers' union was unhappy with PM's announcement that individual athletes could begin training from May 4 but no team sports' practice could take place.

US Department of Justice said Bank Hapoalim and its Swiss subsidiary had helped launder more than $20 million in bribes and kickbacks for corrupt officials involved in the FIFA scandal.

A total of 15 staff members of the Minerva Academy donated blood while exercising social distancing and other essential hygiene practices.

Australian Grand Prix will take place in the presence of fans despite the threat of coronavirus affecting sporting events around the globe.

Formula One team cannot begin to develop new cars this year.

At least 29 Rohingya refugees from a fishing boat floating in the Bay of Bengal for weeks have landed on an island in southern Bangladesh. The refugees, including 15 women and six children, landed on Bhasan Char island on Saturday and are believed to be from one of several boats stuck at sea.

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