Blog | BANKEDGE | Professional Certification Courses In Banking

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Various Articles and opinions speak about the need for increasing the capital of PSU Banks. What is the current need for such a step? Let us analyse the same as under. CREATION OF MONEY Basically, banks create money. For example, if I lend you money, and you put it back in a deposit in my

RBI’s Loan Classification Numbers Mismatch

RBI’s which has gone through the non-performing assets of banks has raised questions on the manner in which classification is being done by bank auditors. Three private-sector lenders have together reported more than Rs 12,000 crore in asset classification divergences for FY 17 so far.Difference in classification of NPA accounts between banks and the regulator

01 Nov

RBI’s Loan Classification Numbers Mismatch

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RBI’s which has gone through the non-performing assets of banks has raised questions on the manner in which classification is being done by bank auditors. Three private-sector lenders have together reported more than Rs 12,000 crore in asset classification divergences for FY 17 so far.Difference in classification of NPA accounts between banks and the regulator

Can your family members access your bank account during a crisis? Here’s what you need to know and do May it be your Mutual Fund Investments to stocks, Insurance claims, Salary, Rental income, Utility Payments, EMIs etc., all receivables and payments made are routed through your Savings Bank Account. It is clear, that banks brought

30 Oct

OPERATIONAL INSTRUCTIONS

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Can your family members access your bank account during a crisis? Here’s what you need to know and do May it be your Mutual Fund Investments to stocks, Insurance claims, Salary, Rental income, Utility Payments, EMIs etc., all receivables and payments made are routed through your Savings Bank Account. It is clear, that banks brought

CAPITAL INFUSION As already announced, the Government is now coming out with a drastic capital infusion of Rs. 2.11 lakh crore in the PSU Banks, to address the huge NPA issues. The Government sources further clarified that the Rs. 1.35 lakh crore worth of bank recapitalization bonds of Rs. 2.11 lakh crore recap scheme offered

27 Oct

ISSUE OF RECAP BONDS

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CAPITAL INFUSION As already announced, the Government is now coming out with a drastic capital infusion of Rs. 2.11 lakh crore in the PSU Banks, to address the huge NPA issues. The Government sources further clarified that the Rs. 1.35 lakh crore worth of bank recapitalization bonds of Rs. 2.11 lakh crore recap scheme offered

Government has now come out with a drastic capital infusion of Rs. 2.11 lakh crore in the PSU Banks, which is suffering from a huge NPA issues since two years period. Further, the notification adds that 1.35 lakh crore will be through recapitalization bonds 76,000 crore from the budgetary support. This infusion process will be

26 Oct

GOVT TO INFUSE FUNDS ON PSU BANKS

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