Banks must sanction a gold metal loan (GML) in the weight of gold and permit its rollover on paper without importing physical gold, a leading industry expert has said....
Finance Minister Nirmala Sitharaman on Saturday made a one-to-one call with the Chairman and Managing Directors (CMDs) of all public sector banks and asked them to maintain adequa...
In the wake of COVID-19 pandemic, Kotak Mahindra Bank and its Managing Director Uday Kotak pledged immediate support of Rs 50 crore to the PM-CARES Fund....
Private sector lender Yes Bank will raise up to Rs 5,000 crore as equity capital in the second round to meet regulatory requirements and support business....
In a major relief for its customers, the State Bank of India (SBI) on Friday said that it would pass on the entire 75 basis point rate cut to its retail borrowers.
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Shares of private sector lender IndusInd Bank touched upper circuit on Thursday afternoon, snapping an eight-day losing streak and clocking the biggest-ever intra-day gain....
Shares of Yes Bank dropped by 14.41 per cent on Wednesday afternoon even as ICRA upgraded its commercial papers and placed them on rating watch with developing implications....
The government has reduced charges for digital trade transaction and ATM cash withdrawals to promote digital financial transactions at the time of COVID-19 pandemic.
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The Reserve Bank of India (RBI) on Friday appointed R Gandhi and Ananth Narayan Gopalakrishnan as Additional Directors on the board of Yes Bank Ltd from March 26 for a period of t...
Two major unions in the banking sector - All India Bank Employees' Association (AIBEA) and All India Bank Officers Association (AIBOA) have called off their March 27 strike, a uni...
The Reserve Bank of India (RBI) has extended the validity of authorisation issued to Vakrangee Ltd to set up, own and operate white label automated teller machines (ATMs) in India...
The Reserve Bank of India (RBI) on Wednesday decided to conduct open market operations (OMOs) on March 20 in the form of purchase of an aggregate amount of Rs 10,000 crore of gove...
Centre should ask banks to delay declaring companies' accounts as NPAs for one year due to the economic fallout of COVID-19, the Federation of Indian Export Organisations (FIEO) s...
Yes Bank resumed full-fledged banking operations on Wednesday. However, there were initial glitches with customers complaining of problems in using online banking services and the...
India's largest law firm Cyril Amarchand Mangaldas advised in relation to the Rs 10,341 crore IPO of SBI Cards and Payments Limited (SBI Cards) which is one of the biggest IPOs in...
