SBI, other banks design template to restructure retail and small business loans

Mumbai: Public sector banks, including the country’s largest lender State Bank of India (SBI), have come out with a templated approach for restructuring retail...

SBI customers can update their KYC without visiting branch office; here’s how

New Delhi: State Bank of India (SBI) account holders can now update their Know Your Customer (KYC) documents online amid the COVID-19 pandemic. KYC...

RBI asks banks to appoint new auditors; no reaction from J&K banks, CII protests

New Delhi: Confederation of Indian Industry (CII) today said that the Reserve Bank of India’s (RBI) rules asking banks and on-banking financial companies (NBFC)...

Pandemic effect: Household savings jump to 22.5% of GDP

New Delhi: As people were forced to remain indoors for most of the year due to the lockdowns, there was an unlikely winner in...

Banks in J&K to curtail business hours, staff numbers

Srinagar: In view of the steep rise in COVID19 cases across the country, the banks operating in J&K shall conduct banking business for public...

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