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Mon, Feb 4 2019

India's IDBI Bank third-quarter loss balloons

Feb 4 IDBI Bank Ltd on Monday reported a loss for the ninth straight quarter, as provisions for bad loans continued to remain elevated and interest income declined.

EXCLUSIVE-Three Indian state banks come off central bank watchlist

* Oriental Bank of Commerce removed, but RBI to closely monitor

Exclusive: India central bank to eye December quarter results before easing lending curbs on some banks

MUMBAI Eleven Indian state-owned banks will have to wait for about a month before knowing which of them will have lending curbs eased after a Reserve Bank of India (RBI) panel reviews their December quarter results, an official with direct knowledge of the matter told Reuters on Thursday.

Moving fast, India names Modi demonetization backer as central bank head

MUMBAI Ex-finance ministry official Shaktikanta Das took charge of the Reserve Bank of India on Tuesday, in a swift appointment expected to ease a dispute with the government as it pushes for looser credit rules ahead of a general election.

India's IDBI Bank posts 8th straight quarterly loss as provisions surge

Nov 14 IDBI Bank Ltd posted its eighth straight quarterly loss on Wednesday, as the state-run lender set aside more funds for bad loans.

India's Yes Bank falls after RBI again says no to CEO's term extension

Oct 19 Shares in Yes Bank Ltd tanked more than 8 percent on Friday after the Reserve Bank of India (RBI) denied its request for a second time on Wednesday to extend Chief Executive Rana Kapoor's term.

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