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Articles for Banking

Parliamentary Panel Says Banks Urgently Need To Clean Up Bad Debts

Bankers are of the view that bad loans are set to go up further this quarter as the clean- up continues

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Yes Bank Wins Green Bond Pioneer Award In London

Yes Bank had issued India's first ever Green Infrastructure Bonds for Rs 1000 Crore with green shoe option that witnessed strong demand from leading global and domestic investors.

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PNB Declares 900 Firms As Wilful Defaulters; Owe Rs 11,000 Crore

Punjab National Bank has declared a list of about 900 wilful defaulters including Winsome Diamonds & Jewellery, Zoom Developers and Nafed, which owe close to Rs 11,000 crore to the lender

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FICCI Names Yes Bank The 'Best Company Promoting Sports' In Private Sector

Yes Bank offers a specialised service to India's sportspersons with the 'Yes Garv' proposition, meant specifically to address the needs of India's sporting icons.

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Standard Chartered Profit Plunges To Lowest Since 1998

Profits at Standard Chartered plunged 84 per cent last year, its worst result since 1998, sending the bank's shares down as much as 10 per cent on Tuesday

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HSBC 2015 Profit Nearly Flat, Sees Bumpier Environment Ahead

In its earnings statement, the bank said it was going to stick to delivering on a June strategic plan centred around further expanding into China

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In Disaster, Bank Accounts Do Not Provide Financial Security

In disasters, where people have limited liquid assets or financial security, having bank accounts is an important step, but it is not enough for financial security

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Slow Progress For PM’s Financial Inclusion Dream

The government is estimated to have spent Rs 266,700 crore on subsidies in 2015, of which Rs 122,700 crore was spent on food, Rs 71,000 crore on fertiliser and Rs 60,300 crore on oil

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