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Indian banks' Q1 profits may drop 2% YoY amid sluggish loan growth, margin pressures, and higher slippages, says IIFL Capital report.
SBI celebrates 70 years with Rs 66 lakh crore balance sheet, 52 crore customers, and leadership in digital banking and green finance initiatives.
Government prepares to invite financial bids for IDBI Bank, signaling major privatization move with LIC stake sale imminent
IndusInd Bank prepares CEO shortlist for RBI approval as it tackles SEBI probe, leadership vacuum, and Rs 2,093 crore loss.
Public sector banks' business surges to Rs 251 lakh crore with NPAs dropping to 0.52%, as Sitharaman reviews performance and financial inclusion.
Bank of India greenlights Rs 20,000 crore infrastructure bonds to fuel long-term projects amid India's push for economic growth.
Union Bank of India approves Rs 6,000 crore capital raise through equity and debt instruments including AT1 and Tier 2 bonds.
Finance Minister Nirmala Sitharaman receives Rs 2,762 crore dividend from Bank of Baroda as PSU profits surge in FY25.
Bank of Maharashtra leads with 7.15% FD rates among PSU banks, followed by IOB and Punjab & Sind Bank. Secure high returns now.
Fitch Ratings reports large non-bank lenders in India are outpacing smaller rivals with 20% loan growth and stronger finances.
India's CPI inflation hits 75-month low at 2.82% in May, may decline further to 2% or lower by July as per SBI Research report.
SBI recruits 13,455 junior associates to enhance branch services while strengthening HR capabilities with skill development programs.
Protiviti report reveals urgent need for banks to implement AI-powered privacy strategies under India's new data protection law
Bank of Baroda reduces lending rates by 50 bps following RBI's repo rate cut, making loans cheaper for homebuyers and businesses.
SBI research reveals lending rates to fall, impacting 60% of bank loans and potentially improving economic liquidity and credit flow.
SBI report reveals expected lending rate reduction, impact on bank margins, and potential implications for borrowers following RBI policy changes.
RBI reduces repo rate by 50 basis points, Bank of India follows with lending rate cut to stimulate economic activity
RBI Governor reassures investors about IndusInd Bank's recovery after accounting issues, leading to stock price surge
Canara Bank eliminates penalties for minimum balance, aiding millions of savings account holders.
Starting July 1, HDFC and ICICI banks will increase fees on credit card and banking services.
