For several years state-run banks have failed to get to grips with a $100bn mountain of dud loans. Now panic has seized parts of the privately run system. One bank…
This optimism stems from recent Rs 2,257 crore capital support from Government under Indradhanush scheme.
The government had on October 24 unveiled a Rs 2.11 lakh crore two-year roadmap for strengthening NPA-hit public sector banks
The RBI issues a PCA to spur lenders to deal with bad debts, as one of the measures intended to tackle the menace of bad debt
The board of Bank of India is examining the possibility of merger with other banks, based on the kind of synergy in business. According Dinabandhu Mohapatra, managing director and chief…