Chennai, Oct 15 : The All India Bank Employees' Association (AIBEA) has written to Finance Minister Nirmala Sitharaman stating that the Central gover...
Mumbai, Oct 14 : The Reserve Bank of India on Monday again raised the withdrawal limit for depositors of Punjab and Maharashtra Cooperative Bank - to ...
Mumbai, Oct 14 : The Reserve Bank of India on Tuesday enhanced the withdrawal limit for depositors of Punjab and Maharashtra Cooperative Bank to Rs 4...
New Delhi, Oct 14 : Bankers on Monday suggested to Finance Minister Nirmala Sitharaman that those NBFCs having investment grade ratings but with AA r...
New Delhi, Oct 12 : The Enforcement Directorate (ED) has attached immovable properties worth Rs 4,025.23 crore of Bhushan Power and Steel Limited (BP...
Mumbai, Oct 12 : Indian banks credit growth rate, for the first time this fiscal, slowed to single digit at 8.8 per cent to Rs 97.71 lakh crore durin...
Mumbai, Oct 12 : Indian banks' credit growth rate, for the first time this fiscal, slowed to single digit at 8.8 per cent to Rs 97.71 lakh crore duri...
Chennai , Oct 10 : Government-owned Indian Overseas Bank (IOB) on Thursday announced a reduction in its interest rate for the retail segment (housing...
Mumbai , Oct 10 : The proposed merger of private sector lender Lakshmi Vilas Bank (LVB) with home financier Indiabulls Housing Finance has failed to g...
Mumbai, Oct 10 : Private lender IndusInd Bank on Thursday reported a 52 per cent increase in its net profit for the second quarter (Q2) of 2019-20, a...
Mumbai , Oct 10 : Private lender Yes Bank on Thursday announced the appointment of Anita Pai as Chief Operating Officer and Jasneet Bachal as Chief M...
Mumbai , Oct 10 : Higher provisions and slow net interest income growth pulled down IndusInd Bank's profit by 3.4 per cent sequentially during the Ju...
Chennai Oct 09 : Uniphore, the global Conversational AI technology company, and Opus Research, a diversified advisory and analysis firm, today annou...
New Delhi, Oct 9 : The State Bank of India (SBI) on Wednesday announced lowering its marginal cost of funds based lending rate (MCLR) by 10 basis poi...
Mumbai, Oct 7 : A state-run State Bank of India (SBI) report on Monday said that the deposit insurance coverage in India is one of the lowest in the ...
Mumbai , Oct 7 : State Bank of India on Monday launched a debit card EMI facility under which consumers can opt for a monthly instalment tenure of 6 ...
Mumbai, Oct 7 : Private lender Yes Bank informed the exchanges that it has lodged a complaint with Mumbai Police and Cyber Cell against the dissemina...
New Delhi , Oct 4 : Reduction of interest rate by 0.25 per cent by the Reserve Bank of India (RBI) and the accompanying dovish statement keeps the doo...
Banking headlines over the last few months have been dominated by a decline in specific bank share prices that have highlighted both the broader credi...
Kolkata (West Bengal) , Oct 4 : Kolkata-based Bandhan Bank and Ahmedabad-based Gruh Finance said on Friday that all the regulatory hurdles have been o...
Mumbai , Oct 4 : The Reserve Bank of India (RBI) on Friday cut repo rate for the fifth consecutive time this calendar year to 5.15 per cent from the ...
Mumbai , Oct 4 : The Enforcement Directorate, Maharashtra has registered an Enforcement Case Investigation Report (ECIR) to probe erring bank officia...
Mumbai, Oct 4 : Bank stocks slid dragging the Sensex over 440 points lower on Friday as investors reacted to the RBI's cut in the countries economic g...
New Delhi, Oct 4 : Days after the PMC Bank came under scanner for alleged frauds, the RBI Governor Shaktikanta Das on Friday said that all was well w...
Mumbai , Oct 4 : The Reserve Bank of India (RBI) on Friday cut repo rate for the fifth consecutive time this calendar year to 5.15 per cent from the ...
Mumbai, Oct 4 : Sticking to "accommodative stance", the Reserve Bank on Friday reduced its key lending rates to boost consumption and reverse the slo...
Mumbai, Oct 4 : The Reserve Bank on Friday reduced India's economic growth forecast to 6.1 per cent for 2019-20 due to a continued weak consumer sent...
New Delhi, Oct 4 : The Reserve Bank of India has done a good job with the latest rate cuts of 25 bps and along with the recent fiscal measures taken ...
Mumbai, Oct 4 : Reserve Bank of India Governor Shaktikanta Das on Friday said that he is not "aware of any demand of interim dividend" from the centr...
Mumbai , Oct 3 : Yes Bank's Senior Group President and Chief Financial Officer Rajat Monga has quit, Chief Executive Officer Ravneet Gill said on Thu...
New Delhi , Oct 3 : Reserve Bank of India (RBI) has imposed a monetary penalty of Rs 1 crore on United Overseas Bank Limited (UOB) for its failure to ...
Mumbai , Sep 30 : Shares of Yes Bank dropped sharply by 25 per cent on Tuesday afternoon following market speculation about its capital and liquidity...
New Delhi , Oct 1 : The Reserve Bank of India (RBI) on Tuesday sought to quell rumours in some locations about certain banks including cooperative ban...
Mumbai, Oct 1 : Allaying fears of a crisis in the country's banking system, the Reserve Bank of India (RBI) on Tuesday said that Indian banking syste...
Mumbai, Oct 1 : Days after fraud involving PMC Bank came to light, it now transpires that the rot was deep and the management hid it from the regulat...
New Delhi , Oct 1 : Lakshmi Vilas Bank (LVB) issued a public notice on Tuesday stating that the recent restriction imposed by Reserve Bank of India (R...
New Delhi, Sep 30 : The Punjab National Bank has started tying up with non-banking financial companies (NBFCs) for co-originating loans amounting to ...
New Delhi, Sep 30 : The loan irregularities at the Punjab and Maharashtra Co-operative (PMC) Bank raises questions on the roles of regulator (RBI), a...
Mumbai, Sep 30 : Shares of Lakshmi Vilas Bank hit the 5 per cent lower circuit on Monday after the Reserve Bank of India (RBI) initiated Prompt Corre...
New Delhi, Sep 29 : Private sector lender IDFC First Bank has said its retail loan book is growing at a 25 per cent upwards and there is no liquidity...
Mumbai , Sep 28 : The Reserve Bank of India (RBI) has initiated prompt corrective action for the troubled Lakshmi Vilas Bank (LVB), a day after the p...
Mumbai , Sept 26 : Following RBI restrictions on activities of Punjab and Maharashtra Cooperative Bank (PMC Bank) for six months, several account hol...
Mumbai , Sept 26 : Former BJP MP Kirit Somaiya on Thursday accused the top management of PMC Bank and HDIL of looting the bank and demanded that a ca...
Mumbai , Sep 26 : Private lender Axis Bank on Thursday announced the opening of its qualified institutions placement (QIP) last week to raise funds t...
Mumbai , Sep 26 : In a relief for Punjab and Maharashtra Cooperative (PMC) Bank customers, the Reserve Bank of India (RBI) on Thursday increased the ...
Mumbai, Oct 1 : The IDBI Bank on Tuesday introduced repo-linked lending and bulk deposit rates, meeting the RBI deadline.
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