The holding company of the bank, Ujjivan Financial Services, had earlier expressed concerns over asset classification, bad loan recognition...

"Nitin Chugh's resignation has come as a surprise," Ujjivan's founder and non-executive chairman of the holding company Samit Ghosh told ET...

A large number of fast-food joints, which are unclear which way their annual turnover will swing, may choose to collect 12%.

At least two bankers have, in recent months, raised interest rates despite veiled — and at times, explicit instructions — from New Delhi to...

While loans to micro and small enterprises, with a total portfolio of Rs 2.92 lakh crore as of end June, grew 21.2% year-on-year, lending t...

The proportion of loan book to corporate sector was brought down to 53% from 57% a year ago and efforts were on to bring it down further.

Thirty large banks have informed the Reserve Bank that they are ready to switch to the new uniform risk-based supervision system from April...

At least 15 banks are auctioning distressed assets of Rs 9,000 crore, a move aimed at cleaning up their books and shoring up profits before...

In an interview with ET Now, BA Prabhakar, CMD, Andhra Bank, talks about their as well as the banking sector’s exposure to Deccan Chronicle...

BA Prabhakar, CMD, Andhra Bank says the RBI may cut policy rates in April, but lending rates will decline after six months as liquidity is ...

Indian lenders have signalled that borrowers may have to wait for a while before they cut interest rates as deposit rates are still high.

Senior executives such as Sushobhan Sarkar, AK Sahoo, DD Singh, RR Dash and SK Roy have been interviewed for the position.

Financial stress to banks caused by the power industry increased with Bank of India set to restructure a quarter of its power loans

In an interview with ET Now, BA Prabhakar, ED, Bank of India, gives his views on the amendments made in the SARFAESI Act.

Despite the gloom over the US, lenders in Europe and Asia refused to part with dollars, creating what a cash dollar shortage in the money m...

The central bank has chosen to tread cautiously on this front and has avoided special dispensations for financing this sector.

One job which many bureaucrats have their eyes set on is that of India’s nominee to the board of the World Bank.