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ICICI Bank to clear cheques within one working day starting Oct 4, 2025, aligning with RBI's new continuous settlement system for faster funds.
SBI completes divestment of 13.18% stake in Yes Bank to Japan's SMBC, marking the largest cross-border investment in India's banking sector.
Bank deposit growth exceeds credit offtake as corporate demand weakens and alternative investments rise. Credit-deposit ratio remains below 80% for 11th straight fortnight.
Women NDA workers lead Bihar bandh protests demanding apology from Rahul Gandhi and Tejashwi Yadav over alleged derogatory remarks against PM Modi's late mother.
KPMG report reveals 53% of banks aim for 10% cost reduction by 2030, with AI integration, fraud detection, and automation as key strategies for transformation.
HDFC Bank leads market losses as top Indian firms lose Rs 2,24,630 crore amid bearish sentiment and market volatility
Bank of Baroda reduces auto loan interest rates starting at 8.15% p.a. and mortgage loan rates to 9.15% p.a. ahead of festive season demand.
Japan's Sumitomo Mitsui Banking Corp gets RBI nod to acquire 24.99% stake in Yes Bank, a major foreign investment in India's private banking sector.
Care Edge reports gross NPAs fell to 2.3% in Q1FY26, the lowest level since the asset quality review, driven by write-offs and IBC resolutions.
SBI hikes home loan rates for new borrowers by 25 bps, contradicting RBI's repo rate cuts. Low-credit-score applicants face higher EMIs.
SBI launches special loan scheme for Agniveers with no collateral, zero processing fees, and flexible repayment terms.
HDFC Bank denies reports of increased minimum balance requirements, keeping AMB at Rs 10,000 for regular accounts and Rs 25,000 for Savings Max.
ICICI Bank reduces minimum balance requirement from Rs 50,000 to Rs 15,000 for new metro customers following public outrage.
SBI introduces nominal IMPS transaction fees for high-value transfers while maintaining free transfers up to Rs 25,000 from August 15
RBI confirms banks can set minimum account balance, ICICI Bank raises threshold to Rs 50,000 for urban customers
SBI's early Rs 1.2 crore investment in NSDL skyrockets to Rs 7,800 crore, delivering 6.5 lakh percent returns in just 3 trading sessions.
ICICI Bank hikes minimum average balance to Rs 50,000 for metro customers, with penalties for non-compliance. Learn how to manage MAB effectively.
ICICI Bank increases monthly minimum balance to Rs 50,000 for metro customers, impacting new savings account holders nationwide
RBI data shows corporates prefer bonds over bank loans due to faster rate transmission and lower costs, despite overall credit growth.
IndusInd Bank shares surge after RBI approves Rajiv Anand as MD & CEO, boosting investor confidence post Rs 2,000 crore accounting lapse.
