Tag Archives: banks

Government Faces ‘Catch-22 Situation’ Over Banks’ Non-Performing Assets, Says Arun Jaitley

“I inherited a banking system whose monies were lying in non-performing assets,” said the finance minister. Washington: Finance Minister Arun Jaitley has said the government, faced with a “catch-22 situation” over the issue of non-performing assets, is working on a plan ...

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Arundhati Bhattacharya, outgoing SBI chief: Among unfinished agendas is revival of credit growth

After steering State Bank of India (SBI) as its chairman for three years, Arundhati Bhattacharya bid adieu to the bank on Friday. The outgoing chief told reporters that among her unfinished agenda is revival of credit growth. After steering State ...

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Here is why RBI wants leading rates to be linked with external benchmark rates

MUMBAI: Those who avail of home loans and personal loans could soon be on par with the big corporates when it comes to how banks calculate interest charges on borrowers. Interest rates on loans across the board would soon be ...

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Loan waiver for farmers hits stumbling block as banks fail to fill vital information

Unlike the 2008-09 loan waiver, the present loan waiver is marked by the use of technology. Farmers were required to fill the form online and banks were to fill the information about loans being disbursed by them also online. There ...

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Use post-demoentisation money flown into banks for welfare of weak: VP Venkaiah Naidu

“Isn’t it good that the money has returned to banks… instead of being found in the bedroom, bathroom, under the pillow, the money reached banks. It is a matter of happiness,” Naidu said. Vice President Venkaiah Naidu on Wednesday said the money ...

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