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Banks

UK banks plan biggest squeeze on consumer credit since 2008
Experts warn of the high level of consumer borrowing in the UK on credit cards and other loans. Photograph: Bloomberg/Getty Images...
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Banking
The banking sector saw some big developments this week in the form of Reserve Bank of India (RBI) releasing final guidelines for...
Comments Off on Banking sector wrap: Jaitley promises help to banks; P2P lenders to be NBFCs

Banking
Macquarie has created an open banking pilot program. AAP Macquarie Bank has started a trial, giving customers access to the data t...
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Banking
Finance Minister Arun Jaitley has said the experience with consolidation has been positive so far — the merger of SBI’s subsidiari...
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Banking
Axis Bank Ltd recently launched a new home loan product—Shubh Aarambh. The loan product promises to waive 12 equated monthly insta...
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Banking
Bank holds meeting of exporter, importers With the merger of six associate banks on April 1, State Bank of India has emerged...
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Banking
New Delhi: The finance ministry is open to providing capital support for facilitating consolidation among state-owned banks, which...
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Banking
New Delhi: Public sector banks have taken loan recovery action under Sarfaesi law against 5,954 wilful defaulters owing about Rs....
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Banking
The VTM helps in migrating routine transactions like eKYC, account opening, passbook and statement printing, video assistance, bil...
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Banking
Banks are likely to take a haircut of 60 per cent, worth Rs 2,40,000 crore, to settle 50 large stressed assets with...
Comments Off on Banks to settle Rs `4,00,000 crore Debt