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Assets recovery - who else benefited from sanctioning these loans to the Mallyas and Choksis and why are their assets not seized?
Banking

Indian Banks recover Rs.13,100 cr from assets sale of fugitive defaulters...

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Charges have been increased given the rising cost of ATM deployment and expenses pertaining to ATM maintenance
Banking

Cash withdrawals from ATMs will be heavier on pockets from Jan...

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Moody's Investors Service is hopeful that India's economy will continue to recover in the next 12-18 months with GDP growing 9.3 percent in the fiscal year ending March 2022
Banking

With India picking up economic activity Moody’s hopeful for credit growth:...

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Crisil paints a grim picture of the growing bad loans of Indian Bankswhich together form close to 40% of banks credit, are expected to see higher accretion of NPAs
Banking

Gross NPAs of banks to rise to 8-9% this fiscal year:...

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Indian crypto players are bombarding people with ads across platforms doubling down on their marketing spend when crypto is yet to be accepted as legal tender
Banking

India still not made up its mind on cryptocurrency, yet internet...

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Another dubious Chinese owned firm in the NBFC sector unearthed by the ED
Banking

Enforcement Directorate (ED) seizes Rs.131-cr funds of Chinese-controlled PC Financial Services...

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A broad swath of loans given to MSME could be in trouble, says a study by CRISIL & Assocham
Banking

Bad loans of banks may cross Rs 10 lakh crore by...

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With two countries officially adopting Cryptocurrency, one wonders how long it would be before India would have wake up and face the reality
Banking

RBI Governor says raised serious and major concerns on cryptocurrencies like...

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Indian Bank continues to be in the news for the wrong reasons as its officials swindle term deposits of Chennai Port Trust
Banking

CBI arrests 9 people including Bank staffers for swindling over Rs.100...

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Somnolent SEBI wakes up but is still sleepy on Tax haven investments and P-Notes
Banking

SEBI decides to introduce framework for Accredited Investors, but is silent...

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