Top Banking News Dt. 15.08.2023 in PDF

Last Updated on August 15, 2023 by Brajesh

Top Banking News Dt. 15.08.2023 in PDF for India under different categories and industry can be followed here and can also be downloaded in pdf.

Top Banking News

  • RBI imposes monetary penalty on 4 cooperative banks. These banks are
    • Baroda Gujarat Gramin Bank, Vadodara
    • The Aska Co-operative Central Bank Ltd.
    • Bally Cooperative Bank Ltd., Howrah and
    • The Nabapalli Co-operative Bank Ltd., West Bengal.
  • NARCL, which started in July 2021 to buy 2 trillion rupees in bad loans, has bought 213.5 billion rupees of such loans as of July 17, according to a government statement to parliament.
  • Bank of Maharashtra tops PSU lenders chart in loan, deposit growth in Q1. The Deposit & advances grew by 25% , highest by any other PSU Banks in India for Qtr ending June 2023
  • Net Profit of newly listed Small finance banks (SFBs) surged 59 % year-on-year (Y-o-Y) to Rs 1,057 crore in Q1 if FY 2023-24
  • Bank Of Baroda & Canara Bank were two public sector banks among the top picks of LKP Securities as India lays the foundation for Amrit Kaal.
  • Largest PSU lender in the country, State Bank Of India is set to open 300 branches across the country this year
  • Nine executives from SBI were in the race of being Bank next Managing Director. SBI has four managing directors, each of whom handle different departments
  • RBI to pilot public tech platform to aid lenders to assist frictionless flow of credit
  • Schedule commercial Banks write off 2.09 Lakh crore in 2022-23
  • Bank to remain shut for today on account of Public Holiday and will also be closed on 16th, 18th, 28th, 29th, 30th & 31st August 2023 in different part of India (Other then weekly Off)

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