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Business News: RBI imposes Rs 79 lakh penalty on Mumbai-based Apna Sahakari Bank

RBI imposes Rs 79 lakh penalty on Mumbai-based Apna Sahakari Bank : Rashtra News The Reserve Bank has imposed a penalty of Rs 79 lakh on Apna Sahakari Bank, Mumbai for non-compliance with certain directions, including on NPA classification. The RBI said statutory inspection of the bank revealed that it had not complied with the ....

Apna Sahakari Bank , Reserve Bank , Maintenance Of Minimum Balances , Npa Classification , Transaction Or Agreement ,

Co-operators not happy with provisions of Draft of Prudential Norms

The draft circular released by the Ministry of Cooperation related to prudential norms for Multi State ....

Uday Joshi , Sahakar Bharati , Ministry Of Cooperation , Multi State Credit Cooperative Societies , Union Ministry Of Cooperation , Multi State Cooperative Societies , Sahakar Bharati National , Estate Credit , Thrift Societies , Indian Cooperative , Banking Regulation Act , Multi State Credit Cooperative , Buldana Urban , Multi State Credit Co Ops , Multi State Cooperative Credit Societies , Union Ministry , Bharati National General Secretary , Multi State Credit , Multi State Credit Cooperatives , Credit Coops , Npa Classification , Prudential Norms , From States ,

'Deal  will  raise  profitability'

Deepak Parekh, chairman of HDFC, talks about the reasons behind exploring the mega-merger of the mortgage financier with India’s largest private lender, HDFC Bank, and what the merger will mean for the entities ....

Deepak Parekh , Hdfc Bank , Hdfc Mega Merger , Mortgage Financier , Deepak Parekh , Npa Classification ,

India needs orderly resolution of stressed accounts to tackle Covid impact

The Government of India, together with the Reserve Bank of India (RBI), had done a commendable job in alleviating the pain of the borrower community during and after the nationwide lockdown imposed to counter the COVID-19 pandemic. Thanks to their timely actions, a nascent recovery was visible in a few sectors during the last two quarters of FY21. Indeed, international prognostications for India s recovery for FY22 turned overwhelmingly positive in the last quarter of FY21. However, with the emergence of the second wave of the pandemic, which seems to be more severe and widespread than the first one, economic recovery now seems uncertain again. ....

Sunil Kanoria , Srei Infrastructure Finance , Reserve Bank , Srei Infrastructure Finance Limited , Tressed Accounts , Bad Loans , Credit Default , Npa Classification , India Economy , Covid 19 , சுனில் கனோரியா , ஸ்ரே உள்கட்டமைப்பு நிதி , இருப்பு வங்கி , ஸ்ரே உள்கட்டமைப்பு நிதி வரையறுக்கப்பட்டவை ,

NPA classification period likely to get 30-day extension as bad loans mount

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Reserve Bank , Visa Credit Card , Standard Digital , Business Standard , Seamless Sign Up , Business Standard Digital , Debit Cards , Net Banking , Payment Wallets , Npa Classification , Bad Loans , Non Performing Assets , Reserve Bank Of India , Indian Banks , Banking Sector , Ashvin Parekh , Economic Affairs Secretary , Finance Ministry , Non Performing Loan , Central Bank , இருப்பு வங்கி , விசா கடன் அட்டை , தரநிலை டிஜிட்டல் , வணிக தரநிலை , தடையற்ற அடையாளம் மேலே , வணிக தரநிலை டிஜிட்டல் ,