Reliance Communications (Rcom), led by Anil Ambani, has received a notice from Canara Bank stating that its loan account is ...

The loan account was declared a non-performing asset in March 2017. After the default, Sweden’s Ericsson took the telco to the National Company Law Tribunal, Mumbai (NCLT) in 2018.

Your gold acts as collateral, giving the lender assurance, which translates into less rigorous checks and faster disbursals. Lastly, the flexibility in repayment and the possibility of getting a ...

The International Monetary Fund should sell 4% of its gold to help offer debt relief to low income countries devastated by ...

"If you believe today or in the future that we are nearing a recession or depression, then consider gold as a possible option ...

Overdue loans, classified as SMA-2 (Special Mention Accounts) increased for at least eight banks, even as asset quality of ...

State-run Canara Bank may not reapply for a credit card subsidiary after the Reserve Bank of India (RBI) turned down its proposal, said Managing Director and Chief Executive Officer K Satyanarayana ...

During the second half of the current fiscal year, state-owned Canara Bank hopes to recover over Rs 6,000 crore from ...

Large banks experience NIM decline in Q2 due to lower yields, higher deposit costs, and RBI penal charges circular.

Canara Bank's gold loan portfolio grew between 25% and 31%, positioning it as a significant asset within the bank’s overall mix. However, as the portfolio crossed ₹1.5 lakh crore, the bank chose to ...

HDFC Bank has announced that its Unified Payment Interface (UPI) service will not be available for two days in November due ...