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Articles for Banking & Finance

Central Bank of India Targets Rs 4,000 Cr Recovery In FY25

The bank's asset quality remained steady in the fourth quarter, with Gross Non-Performing Assets (GNPA) standing at 4.50 per cent of gross advances as of March-end 2024, unchanged from December-end 2023

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IBBI Proposes Extending Debtor Response Time To Default Confirmation to 21 Days

This extension in response time aims to ensure that the default information submitted by creditors is authenticated by the corporate debtor

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Applicants
ULIP Mis-Selling: Steer Clear Of These Common Traps

From guaranteed high returns to being better than FDs, various sales pitches are used to mis-sell ULIPs

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Debadatta Chand
BoB Registers 26.1% Profit YoY In FY24, Aviation Account Fully Provided: Says CEO Chand

Bank of Baroda reported a 2.3 per cent growth in net income at Rs 4,886 crore for the March quarter

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Taking A Personal Loan? Here Are 5 Ways To Get A Lower Interest Rate

A personal loan comes at high interest rates, but having a high credit score, negotiating with the bank and shopping around are some of the ways you can get a personal loan at reduced interest rates

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Monsoon Holds Key For RBI's Future Monetary Policy Actions: BoB Report

The RBI typically conducts six bimonthly meetings in a financial year, where it deliberates interest rates, money supply, inflation outlook

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India's Forex Reserves Rise $3.7 Bn In Last Week

India's foreign currency assets (FCA), the biggest component of the forex reserves, rose by USD 4.459 billion to USD 564.161 billion.

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SBI To Hire 12,000 Employees For IT And Various Other Positions

This recruitment drive reportedly aims to enhance the bank’s technological capabilities as well as its overall service offering

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