Bank of India Raises Rs 10,000 Crore: How Infrastructure Bonds Fuel Growth
Bank of India raises Rs 10,000 crore via infrastructure bonds at 7.23% to fund long-term projects. Union Bank also cuts retail loan rates.
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Bank of India raises Rs 10,000 crore via infrastructure bonds at 7.23% to fund long-term projects. Union Bank also cuts retail loan rates.
Axis Bank launches first-of-its-kind digital merchant cash advance loans for MSMEs, offering unsecured credit from Rs 2-20 lakh based on cash flow, with daily repayment instalments.
RBI announces Rs 2 lakh crore OMO purchase of govt securities in four tranches and a USD 10 billion forex swap to ease banking system liquidity.
RBI Bulletin reports loans against gold jewellery growing over 128% year-on-year, indicating a major shift in household borrowing towards asset-backed credit.
A Union Bank of India report suggests the RBI may deliver a final 25 bps repo rate cut in February 2026, potentially lowering the benchmark to 5%, amid benign inflation conditions.
SBI announces results for PO Recruitment 2025, filling 541 vacancies. Selected candidates list is available on the bank's official website.
The RBI has compounded FEMA violations by Nearbuy India, terminating proceedings after a ₹4.28 lakh penalty for late reporting of over ₹108 crore in foreign transactions.
The RBI has fined Kotak Mahindra Bank Rs 61.95 lakh for violations related to basic accounts, business correspondents, and credit information rules.
The RBI Central Board discussed the global and domestic economic outlook, approved a new risk-based deposit insurance system, and reviewed key banking reports.
RBI announces Rs 30,000 crore G-Sec underwriting auction for Dec 19 and releases cut-off details for Rs 50,000 crore OMO purchase. Get the latest bond market updates.
India's bank credit grows 11.5% YoY, driven by robust retail and MSME demand. GST rationalisation and rural revival fuel sustained lending momentum.
RBI grants HDFC Bank approval for its group entities to collectively hold up to 9.5% in IndusInd Bank, with the permission valid for one year.
RBI grants HDFC Bank a one-year approval for its group entities to collectively hold up to 9.5% in IndusInd Bank, clarifying investment limits.
Gross NPAs for education loans at public sector banks have sharply declined from 7% to 2%, driven by RBI initiatives and new government schemes.
Ravi Ranjan appointed SBI Managing Director effective Dec 15. Former Deputy MD to serve until 2028, as bank posts 10% rise in standalone net profit.
SBI cuts key loan and deposit rates from Dec 15, lowering EMIs for home, auto, and MSME loans while reducing select term deposit returns.
RBI announces results of ₹50,000 crore OMO purchase auction and schedules underwriting auction for ₹28,000 crore G-Sec sale on December 12. Get key yields and details.
SBI MD says RBI and NPCI must decide on a UPI payment freeze mechanism for fraud protection, while detailing AI's role in banking security.
RBI's final guidelines permit overlapping lending within bank groups, preventing major business restructuring for banks holding 55% of sector advances, says Crisil.
The RBI announces a 36-month, $5 billion USD/INR swap auction on Dec 16, 2025, as part of a broader plan to inject liquidity and ease financial conditions.