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Bad loan crisis continues: 56.4 per cent rise in NPAs of banks - 20/2/2017
Bad loans have now shot up by 135 per cent from Rs 261,843 crore in the last two years.
For the complete story see:
http://indianexpress.com/article/business/banking-and-finance/bad-loan-crisis-continues-56-4-per-cent-rise-in-npas-of-banks-rbi-4533685/
The Indian Express - Banks look for insurance as cyber threats increase - 19/2/2017
The country reportedly lost a whopping USD 4 billion in fiscal 2016 to cyber crimes.
For the complete story see:
http://indianexpress.com/article/india/banks-look-for-insurance-as-cyber-threats-increase-4532504/
newsBTC - Indian Banking Sector to Work on the "Bankchain" - 18/2/2017
The banking industry's fascination with blockchain technology is a well-known fact.
For the complete story see:
http://www.newsbtc.com/2017/02/18/indian-banking-sector-work-bankchain/
Times of India - SBI likely to lose customers after merger with associate banks - 18/2/2017
The green signal by the cabinet to merge five subsidiary banks with SBI may see a drop in customers.
For the complete story see:
http://timesofindia.indiatimes.com/city/indore/sbi-likely-to-lose-customers-after-merger-with-associate-banks/articleshow/57213645.cms
Livemint - State Bank of Travancore to raise up to Rs600 crore ahead of merger with SBI - 18/2/2017
SBT will raise up to Rs600 crore to shore up additional tier-I capital by issuing Basel compliant bonds on private placement.
For the complete story see:
http://www.livemint.com/Money/LujLH0Z1uYuz127FAcfgqJ/State-Bank-of-Travancore-to-raise-up-to-Rs600-crore-ahead-of.html
Economic Times - Kotak-Axis merged entity to be among largest private banks - 17/2/2017
Its combined market cap would be US$40bn.
For the complete story see:
http://economictimes.indiatimes.com/markets/stocks/news/kotak-axis-merged-entity-to-be-among-largest-private-banks-clsa/articleshow/57200713.cms
Daily News & Analysis - Brexit won't hit Indian banking operations in UK - 17/2/2017
UK chief of SBI said that there will be no major impact on Indian banking operations in the UK.
For the complete story see:
http://www.dnaindia.com/money/report-no-major-impact-on-indian-banks-in-uk-post-brexitsbi-uk-chief-2326018
Knn India - Canara Bank to have a separate banking window to increase credit flow to MSMEs - 17/2/2017
Canara Bank is planning to open a separate banking window in the district in order to increase financing to the MSME sector.
For the complete story see:
http://knnindia.co.in/news/newsdetails/economy/canara-bank-to-have-a-separate-banking-window-to-increase-credit-flow-to-msmes
Financial Express - All public sector banks to join BHIM by February-end - 16/2/2017
BHIM is the common platform across the nation for making simple, easy and quick payment transactions using UPI.
For the complete story see:
http://www.financialexpress.com/money/all-public-sector-banks-to-join-bhim-by-february-end/553870/
Business Today - Banking industry's provisioning cost declines 6.8% in Q3 - 16/2/2017
The banking industry saw a steep fall in its provisioning cost is December...