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Bank of Baroda Follows SBI, Cuts Interest On Savings Accounts
  Bank of Baroda has cuts interest rates to 3.5 per cent on deposits of up to Rs. 50 lakh for savings accounts.    Read  
  By: NDTVPlace: New Delhi11 Aug 2017Indian Banking::Loan and AdvancesView 
As a New Year gift, bank slashes rate; SBI leads and PNB, Union Bank follow
  The country’s largest bank State Bank of India (SBI) announced a steep interest rate cut in several years on Sunday, by reducing its marginal cost of funds base..    Read  
  By: Ekta (Source:Business Standard)Place: Mumbai03 Jan 2017Indian Banking::Loan and AdvancesView 
Bad Days for Bad Loans: 0.60% net increase in NPA in Q1
  After all efforts of banks it is rising. Now in the first quarter of financial year 2016-17 NPA net rises 0.60% and reached to 12% against total NPA of March 20..    Read  
  By: Ekta(Source: BS,Agencies)Place: New Delhi26 Aug 2016Indian Banking::Loan and AdvancesView 
Banks hiring private detectives to trace Loan Defaulters and their property
  Many of bank loan defaulters diverted their funds in other companies and entities and declaring their units sick and enjoying the funds in other way.    Read  
  By: Amit(Source : PTI, BS, ET)Place: New Delhi19 Jun 2016Indian Banking::Loan and AdvancesView 
PSBs get Govt Support for prudent NPA settlement
  Govt will provide full support for bad loan settlements with prudent norms, which is actually in interest of recovery and govt will protect the decision of bank..    Read  
  By: Ekta(Source: Agencies, BS)Place: New Delhi07 Jun 2016Indian Banking::Loan and AdvancesView 
Slow Credit Growth in March-16 Qtr, Falls to 1.4 %, Deposit hanged at 3.1%
  PSU banks panic on bad loans is resulted as fall in its credit growth to 1.4% in the financial year last quarter January-March 2016.    Read  
  By: Amit(Source: Agencies, BS)Place: New Delhi02 Jun 2016Indian Banking::Loan and AdvancesView 
Bad loans at bottom, signal of better asset quality from Sept 2015 quarter results
  Indian banks believe their bad loan problem is bottoming out after getting results of September 2015–quarter of major banks even as sticky loans continued to ha..    Read  
  By: Ekta( Source: ET, PTI)Place: New Delhi13 Nov 2015Indian Banking::Loan and AdvancesView 
7,035 willful defaulters owe 22 percent of total NPA of PSU banks
  Out of Rs.2.67 lac crore Gross NPA of Public Sector Banks as many as 7,035 willful defaulters owe about Rs 59,000 cr...    Read  
  By: Ekta (Source:BS)Place: New Delhi19 Oct 2015Indian Banking::Loan and AdvancesView 
Public Sector Banks loosing income due to high credit cost
  Banks in India particularly PSBs reported weak performance in the last quarter (Q4) of financial year because of low growth in interest income rate and high cre..    Read  
  By: Amit( Source : BS)Place: New Delhi27 May 2015Indian Banking::Loan and AdvancesView 
RBI proposed reduction in corporate exposure from 55 % to 25 % to curb Bad Loans
  RBI has proposed to reduce the exposure of a bank to business group to 25 per cent of its capital, down from the existing level of 55 per cent.    Read  
  By: Ranjan( Source : FE)Place: New Delhi29 Mar 2015Indian Banking::Loan and AdvancesView 
Syndicate Bank CMD SK Jain Arrested by CBI in Bribe Case
  The Central Bureau of Investigation, CBI arrested Syndicate Bank CMD Sri S. K. Jain along with his brother-in-law including six people on 2 August,2014    Read  
  By: RanjanPlace: New Delhi12 Aug 2014Indian Banking::Loan and AdvancesView 
 
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