Public sector bank executives said the pressure on operation at branches will subside only when most of the ATMs are recalibrated
In September, Wells Fargo agreed to pay $190 million to settle charges that bank employees opened as many as 2 million accounts without customers' knowledge
The currency ban has changed the lives of the people facilitating this move across India
Gross NPA rose to Rs 902.74 crore during the quarter as compared to Rs 732.04 crore posted same quarter last year
It is likely a large share of slippages in this quarter will emerge from the restructured loan portfolio, led by the infrastructure sector
Cash-strapped public sector banks may be unnecessarily waiting for deposits to grow to start lending
Timing good but money not enough for lenders to grow business
The requirement has been brought down from Rs 500 cr to Rs 178 crore