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Yes Bank's board had to be superseded by the RBI and the government earlier this year after alleged mismanagement under its founder CEO Rana Kapoor.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

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

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

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

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

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.

Senior BJP leader and Union minister Prakash Javadekar said the entire country is together in fighting the coronavirus but the Congress is busy "fighting" Modi and the government.

The Congress on Wednesday attacked the government over the issue of bad loans, accusing it of weakening the entire banking architecture fiscally and imprudently in the name of cleaning the system.

His remarks came a day after a slugfest between the BJP and Congress over loan write-offs of the top 50 bank-loan defaulters in the country.

The BoE kept its benchmark interest rate at an all-time low of 0.1% and left its target for bond-buying, most of it British government debt, at 645 billion pounds.

नई दिल्ली। सभी लोग लखपति बनना चाहते हैं, लेकिन सही सलाह नहीं मिल पाती है, जिस कारण ऐसा होना लोगों को कठिन लगता है। लोगों को इसी दिक्कत को देखते हुए सेंट्रल बैंक ने लखपति बनाने वाली स्कीम चलााई है। सेंट्रल

नयी दिल्ली। पिछले कुछ महीनों से संकट से गुजर रहे प्राइवेट सेक्टर के यस बैंक ने जनवरी-मार्च तिमाही के लिए चौंकाने वाले वित्तीय नतीजे पेश किये हैं। बैंक ने इस तिमाही में हैरान करते हुए 2629 करोड़ रुपये का मुनाफा कमाया

The country's second largest private sector bank ICICI Bank in its fourth quarterly results reported a standalone profit of Rs. 1221 crore. In the year ago period, profit at the bank came in at Rs. 969.06 crore. Net interest income for

नई दिल्ली। भारतीय रिजर्व बैक यानी आरबीआई ने महाराष्ट्र के सीकेपी सहकारी बैंक का बीते दिनों लाइसेंस रद कर दिया है। इस प्रकार यह बैंक तकनीकी रूप से बंद हो गया है। ऐसे में सवाल उठता है कि इस बैंक के

Amidst the nationwide lockdown until April 15 due to curb the spread of coronavirus, Reliance Jio has come up with an interesting move. Well, the telco has announced that subscribers can recharge their Jio number via select Bank ATMs. Notably, the

The country's second largest private sector bank ICICI Bank in its fourth quarterly results reported a standalone profit of Rs. 1221 crore. In the year ago period, profit at the bank came in at Rs. 969.06 crore. Net interest income for

The key domestic benchmark indices were trading in a positive terrain in the morning trading session tracking firm cues from fellow Asian peers as investors sentiment were boosted by the strong US job data and withdrawal of financial regulations by the

Before we get on to how crisis at Yes Bank and the earlier PMC bank fall out are different. Here's we will discuss what led to a brand like Yes Bank which is though the country's fourth leading private lender to

In dire current times for streamlining banking services and also adhering to social distancing norm, Haryana government has come up with novel solution. And here is the service being offered through the new portal https://bankslot.haryana.gov.in through which customers can pre-book their

If you have also made withdrawal request from your EPF account and are facing a delay, the case as provided by the retirement fund body EPFO can be due to bank account details not updated in its portal. And likewise the

Loan Agreement for IBRD credit of US$ 125 (equivalent) for the Innovate in India for Inclusiveness Project was signed with the World Bank on 24th April 2018 in New Delhi. The agreement was signed by Sameer Kumar Khare, Joint Secretary,

Mumbai, Sep 19: The government decision to merge three state-run banks came as a surprise for the three lenders but not for the investors tracking the banking sector. Stock investors became poorer by Rs 2.72 lakh crore in two days of

Mumbai, Sep 26: The Yes Bank board on Tuesday decided to seek at least a three-month extension for Rana Kapoor, managing director and chief executive, from Reserve Bank of India (RBI) beyond 31 January, 2019. The RBI had last week

The shares of private lender, Kotak Mahindra Bank surged over 5 percent, hitting 52-week high, on the Bombay Stock Exchange (BSE) amid spurt in volume trade after the lender reported 15.1 percent year-on-year growth in terms of net profit at Rs

Shares of Bank of Baroda continued its losing streak on Thursday and dipped over 2 per cent on the Bombay Stock Exchange.The traders reacted to Central Bureau of Investigation (CBI) report which stated that it had registered four more cases against

Indian stock markets have been seeing many of its stocks, especially those of the banking and finance companies bleed this week. While BSE's Sensex opened at 36,495 points on Friday, NSE's Nifty started below its 11,000-mark at 10,993 points. In morning

On Monday, banks and NBFCs (non-banking finance companies) were among the biggest losers on the Indian stock exchanges. ICICI Bank ended 10.56 percent lower, HDFC 9.98 percent down, HDFC Bank 7.89 percent lower, SBI was down 5.88 percent and NSE's banking

According to the new survey, Indian consumers prefer a digital-first approach to accessing banking services, only talking to a banking adviser by phone for more complex issues. The survey, 'Customer Experience in Banking', by global tech company Avaya, which covered

While retaining reduce call with a target price of Rs 135, Yes Securities said it cut FY21/22 earnings estimates by 88/44 percent due to sharp adjustments to loan growth, fee growth and credit cost.

We are unlikely to see sector specific upward movement in the Indian market for next 3-4 quarters.

On 20 April, Moneycontrol first reported that ICICI Bank has an exposure of $100 million (about Rs 760 crore) to Hin Leong. 

Motilal Oswal is bullish on HDFC Bank has recommended buy rating on the stock with a target price of Rs 1200 in its research report dated April 19, 2020.

Motilal Oswal is bullish on AU Small Finance Bank has recommended buy rating on the stock with a target price of Rs 675 in its research report dated May 04, 2020.

Prabhudas Lilladher is bullish on IndusInd Bank has recommended buy rating on the stock with a target price of Rs 720 in its research report dated April 28, 2020.

"In large parts of Africa, it is likely that technology could fundamentally disrupt this pattern. Research based on World Bank data has predicted that the proportion of jobs threatened in India by automation is 69 percent, in China it is 77 percent and in Ethiopia, the percentage of jobs threatened by automation is 85 percent," he said.

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ICICI Bank#39;s asset quality is also expected to improve in the March quarter on account of write-offs.

Excluding COVID-19 related provisions, the profit after tax would have been Rs 3,260 crore, ICICI Bank said in its BSE filing said.

The board has not recommended any dividend for FY2020 as per RBI direction to banks.

U.S. luxury department store chain Neiman Marcus Group said on Friday it received court approval to access $675 million of its debtor-in-possession financing, which will allow continuity of the company's business during Chapter 11 bankruptcy proceedings and enable it to pay employees and vendors.

China's banking and insurance regulator on Saturday issued draft rules on commercial banks' online lending business, banning the use of such loans for riskier investments and capping banks' online consumer credit, in a move to rein in financial risks.

A young boy chooses a nurse as the superhero he wants to play with over Batman and Spiderman in a new artwork by Banksy that encapsulates the gratitude Britons have felt toward the country's National Health Service during the coronavirus crisis.