GNPA ratio of banks steadily trending down to a seven-year low of 5% in September 2022, while net NNPA have dropped to a ten-year low of 1.3% of total loans
Banking

Reserve Bank’s resolute efforts resulted in material decline in NPAs of...

PGurus Newsdesk - 2
RBI extends bank locker agreement renewal deadline to Dec 2023, relieves customers from renewal stress
Banking

RBI gives extension for locker agreements renewal till Dec 31

PGurus Newsdesk - 0
Indian banks have benefited from a pickup in credit growth and improving asset quality as the country's economy continues to consolidate a recovery
Banking

Indian banks gave highest returns in Asia-Pacific region for second consecutive...

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The accused Unitech founders are facing another CBI probe pertaining to alleged fraud in the Canara Bank
Banking

Unitech, promoters booked by CBI in fresh bank fraud case of...

Team PGurus - 2
The fresh action was initiated on a complaint from the Union Bank of India against the businessmen who are embroiled in an Rs.4,300 crore Punjab and Maharashtra Cooperative (PMC) Bank scam case, officials said
Banking

CBI books HDIL promoters Rakesh and Sarang Wadhawan in a fresh...

Team PGurus - 2
The government has hiked the interest rates of a few small savings schemes by between 20 bps and 110 bps for the January-March 2023 quarter
Banking

Interest rates of post office savings schemes hiked; PPF and Sukanya...

PGurus Newsdesk - 0
The ED case is on the basis of an FIR lodged by Chennai's Central Crime Branch following a complaint of AD Bank, Axis Bank
Banking

ED attaches Rs.205.36 cr assets of MGM Maran, MGM Anand, and...

PGurus Newsdesk - 0
No Relief To Kochhars From Bombay HC
Banking

Videocon loan scam: Kochhars challenge arrest by CBI in Bombay HC;...

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Move follows non-payment of dues amounting to Rs.6.42 crore levied for flouting regulatory norms
Banking

SEBI orders attachment of bank, demat accounts of Sahara group firm,...

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A few days earlier, the agency had arrested former ICICI Bank’s chief executive officer Chanda Kochhar and her husband Deepak Kocchar
Banking

ICICI loan fraud case: CBI arrests Videocon Group Chairman Venugopal Dhoot

PGurus Newsdesk - 0
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