Banks News

16 Sep 2021, 18:50

India's bad bank gets government nod — green lights NARCL with ₹30,600 crore guarantee

India's bad bank gets government nod — green lights NARCL with ₹30,600 crore guarantee

India's bad bank gets government nod — green lights NARCL with ₹30,600 crore guarantee

The cabinet today approved a central government guarantee to the tune of up to ₹30,600 crore, wherein NARCL will buy bad loans from banks. The g...

Indian banks could have more than ₹10 lakh crore non-performing assets by March 2022
14 Sep 2021, 15:25

Indian banks could have more than ₹10 lakh crore non-performing assets by March 2022

The gross non-performing assets (GNPAs) of banks are expected to cross ₹10 lakh crore by March 2022, a ASSOCHAM-Crisil joint study had said.

One of India's top banks allows same-sex couples to have joint accounts and removes gender-specific dress code
Vaamanaa Sethi
06 Sep 2021, 19:30

One of India's top banks allows same-sex couples to have joint accounts and removes gender-specific dress code

Axis Bank has become one of the first banks to announce new policies and practices for its customers and empl...