Bank's gross non-performing assets (NPAs) or the bad loans were 4.3% of the gross advances as on June 30, 2021. The net NPAs were at 2.3%.
Bank Holidays Sept 2021: The major holiday of the month is Ganesh Chaturthi which starts on September 10
The new guidelines will come into effect from January 1, 2022. It will apply to both the new and existing safe deposit lockers.
If your valuables in the bank locker get stolen, catch fire, or get water damaged, the loss will be borne by the bank.
A personal loan is an unsecured loan offered to the borrower without any collateral against the sum borrowed
Added liability comes after the government removed the pension cap of ₹9,284 per family
If the primary borrower dies/declares his inability to pay off the debt, banks have the right to approach the guarantor to repay the leftover amount
The stress build-up due to Covid-19 and the mitigation measures for continued resilience of books of SFBs also formed part of the discussion
As many as 466 cases were withdrawn and 404 cases resulted in resolution while 1,371 resulted in liquidation
Being at the forefront of digital inclusion in remote areas handholding customers to the digital ways is core to the digital banking at Bandhan Bank.