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Articles for Banking & Finance

NPAs At Record High: PAC For Naming And Shaming Defaulters

According to the Finance Ministry data, the NPAs of the country's largest lender State Bank of India is Rs 97,356 crore, followed by Rs 54,640 crore of Punjab National Bank and Rs 44,040 crore of Bank of India

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Bank Loans Rose 4.8 Per Cent In Two Weeks To Feb 17: RBI

Outstanding loans rose 62.60 billion rupees ($936.63 million) to 74.85 trillion rupees in the two weeks to Feb. 17, the central bank said

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Private Sector Banks To Charge You Rs 150 After Four Free Transactions Over The Counter

Some banks, including HDFC Bank, have begun charging a minimum amount of Rs 150 per transaction for cash deposits and withdrawals beyond four free transactions in a month

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ULIP’s —Type 1 Or Type 2?

For Type 1 ULIP's, the 'value at risk' for the insurance company drops a notch with each passing year and with each subsequent premium payment made by you

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HDFC Bank, ICICI, Axis Resume Levy On Cash Transactions

The banks have started charging a minimum amount of Rs 150 per transaction for cash deposits and withdrawals beyond four free transactions in a month

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Virtual Currencies Pose Real Financial Risk, Says RBI's Deputy Governor R Gandhi

Reserve Bank Deputy Governor R Gandhi on Wednesday raised concerns over virtual currencies such as Bitcoin and said they pose potential financial, legal, customer protection and security-related risks

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Fed Officials Jolt Market With Talk Of Pending Rate Hike

In remarks to a joint session of Congress, Trump offered little detail about planned tax cuts or new infrastructure spending beyond the broad strokes he offered during the election campaign

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Tough Love For Bad Debt? RBI Deputy Governor Viral Acharya Targets Indian Banks' Toxic Loans

With the government ambivalent towards the creation of ‘bad banks’ to take on toxic debt, Viral Acharya's comments made markets sit up, and were seen by some economists as a signal of intent to tackle the issue

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