SBI writes off its bad loans over Rs 1 lakh crore in past seven years, Rs 17590 crore in FY 2020-21
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![SBI writes off its bad loans over Rs 1 lakh crore in past seven years, Rs 17590 crore in FY 2020-21](https://static.wixstatic.com/media/d515a3_9c20cdec33b24a24ae93d20ace53913c~mv2.jpg/v1/fill/w_180,h_180,fp_0.50_0.50,q_90,enc_auto/d515a3_9c20cdec33b24a24ae93d20ace53913c~mv2.webp)
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![RBI imposes monetary penalty of ₹ 1 Crore on City Union Bank Ltd for contravention of its directions](https://static.wixstatic.com/media/d515a3_59d4b9a872784e1c8f1bb326c9a0ab9f~mv2.jpg/v1/fill/w_209,h_168,fp_0.50_0.50,q_90,enc_auto/d515a3_59d4b9a872784e1c8f1bb326c9a0ab9f~mv2.webp)
- May 20, 2021
- 1 min
RBI imposes monetary penalty of ₹ 1 Crore on City Union Bank Ltd for contravention of its directions
![](https://static.wixstatic.com/media/d515a3_82f2680fbe0d405bb25b9cab63ba137e~mv2.jpg/v1/fill/w_250,h_250,fp_0.50_0.50,lg_1,q_30,blur_30,enc_auto/d515a3_82f2680fbe0d405bb25b9cab63ba137e~mv2.webp)
![RBI Governor asks PSBs to implement various schemes to individuals and businesses announced by RBI](https://static.wixstatic.com/media/d515a3_82f2680fbe0d405bb25b9cab63ba137e~mv2.jpg/v1/fill/w_209,h_194,fp_0.50_0.50,q_90,enc_auto/d515a3_82f2680fbe0d405bb25b9cab63ba137e~mv2.webp)
- May 20, 2021
- 1 min
RBI Governor asks PSBs to implement various schemes to individuals and businesses announced by RBI
![](https://static.wixstatic.com/media/d515a3_5bdacd2c13e04f3fbe1781c4646d46f3~mv2.jpg/v1/fill/w_250,h_250,fp_0.50_0.50,lg_1,q_30,blur_30,enc_auto/d515a3_5bdacd2c13e04f3fbe1781c4646d46f3~mv2.webp)
![United Kingdom court rules in favour of the banks over waiver of security rights in Mallya’s case](https://static.wixstatic.com/media/d515a3_5bdacd2c13e04f3fbe1781c4646d46f3~mv2.jpg/v1/fill/w_209,h_181,fp_0.50_0.50,q_90,enc_auto/d515a3_5bdacd2c13e04f3fbe1781c4646d46f3~mv2.webp)
- May 19, 2021
- 2 min
United Kingdom court rules in favour of the banks over waiver of security rights in Mallya’s case
![](https://static.wixstatic.com/media/d515a3_11dfc07cfc0542dcab623fc3bf9dcbd3~mv2.jpg/v1/fill/w_250,h_250,fp_0.50_0.50,q_30,blur_30,enc_auto/d515a3_11dfc07cfc0542dcab623fc3bf9dcbd3~mv2.webp)
![BFSI Industry is building pressure upon RBI to defer auditors’ new guidelines for a year](https://static.wixstatic.com/media/d515a3_11dfc07cfc0542dcab623fc3bf9dcbd3~mv2.jpg/v1/fill/w_209,h_209,fp_0.50_0.50,q_90,enc_auto/d515a3_11dfc07cfc0542dcab623fc3bf9dcbd3~mv2.webp)
- May 19, 2021
- 2 min
BFSI Industry is building pressure upon RBI to defer auditors’ new guidelines for a year
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![Government announces Sovereign Gold Bond Scheme 2020-21, Series I, II, III, IV, V & VI](https://static.wixstatic.com/media/d515a3_ba92f883b430408580700331a4cd564e~mv2.jpg/v1/fill/w_209,h_194,fp_0.50_0.50,q_90,enc_auto/d515a3_ba92f883b430408580700331a4cd564e~mv2.webp)
- May 17, 2021
- 2 min
Government announces Sovereign Gold Bond Scheme 2020-21, Series I, II, III, IV, V & VI
![](https://static.wixstatic.com/media/d515a3_59d4b9a872784e1c8f1bb326c9a0ab9f~mv2.jpg/v1/fill/w_235,h_235,fp_0.50_0.50,lg_1,q_30,blur_30,enc_auto/d515a3_59d4b9a872784e1c8f1bb326c9a0ab9f~mv2.webp)
![NEFT service will not be available from 00:01 hrs to 14:00 hrs on Sunday, May 23, 2021](https://static.wixstatic.com/media/d515a3_59d4b9a872784e1c8f1bb326c9a0ab9f~mv2.jpg/v1/fill/w_209,h_168,fp_0.50_0.50,q_90,enc_auto/d515a3_59d4b9a872784e1c8f1bb326c9a0ab9f~mv2.webp)
- May 17, 2021
- 1 min
NEFT service will not be available from 00:01 hrs to 14:00 hrs on Sunday, May 23, 2021
![](https://static.wixstatic.com/media/d515a3_c23dc82a4ac44539b9a3b367a2e9147e~mv2.jpg/v1/fill/w_235,h_235,fp_0.50_0.50,lg_1,q_30,blur_30,enc_auto/d515a3_c23dc82a4ac44539b9a3b367a2e9147e~mv2.webp)
![Raghuram Rajan admits COVID-19 is probably the biggest challenge to India since independence](https://static.wixstatic.com/media/d515a3_c23dc82a4ac44539b9a3b367a2e9147e~mv2.jpg/v1/fill/w_209,h_168,fp_0.50_0.50,q_90,enc_auto/d515a3_c23dc82a4ac44539b9a3b367a2e9147e~mv2.webp)
- May 17, 2021
- 1 min
Raghuram Rajan admits COVID-19 is probably the biggest challenge to India since independence
![](https://static.wixstatic.com/media/d515a3_4d35edad71f5469387628a1ab8463c96~mv2.jpg/v1/fill/w_235,h_235,fp_0.50_0.50,lg_1,q_30,blur_30,enc_auto/d515a3_4d35edad71f5469387628a1ab8463c96~mv2.webp)
![Banks and Insurance Companies staff to be taken on priority for Covid vaccination](https://static.wixstatic.com/media/d515a3_4d35edad71f5469387628a1ab8463c96~mv2.jpg/v1/fill/w_209,h_168,fp_0.50_0.50,q_90,enc_auto/d515a3_4d35edad71f5469387628a1ab8463c96~mv2.webp)
- May 15, 2021
- 1 min
Banks and Insurance Companies staff to be taken on priority for Covid vaccination
![](https://static.wixstatic.com/media/d515a3_59d4b9a872784e1c8f1bb326c9a0ab9f~mv2.jpg/v1/fill/w_235,h_235,fp_0.50_0.50,lg_1,q_30,blur_30,enc_auto/d515a3_59d4b9a872784e1c8f1bb326c9a0ab9f~mv2.webp)
![Sovereign Gold Bond Scheme 2021-22 Series I will be open for subscription from 17 May to 21 May 2021](https://static.wixstatic.com/media/d515a3_59d4b9a872784e1c8f1bb326c9a0ab9f~mv2.jpg/v1/fill/w_209,h_168,fp_0.50_0.50,q_90,enc_auto/d515a3_59d4b9a872784e1c8f1bb326c9a0ab9f~mv2.webp)
- May 14, 2021
- 1 min
Sovereign Gold Bond Scheme 2021-22 Series I will be open for subscription from 17 May to 21 May 2021