SBI MD Setty’s tenure extended by 2 years

SBI MD Setty’s tenure extended by 2 years

The government has extended the term of State Bank of India managing director Challa Sreenivasulu Se..

RBI deputy governor Michael Patra’s term extended by one year

RBI deputy governor Michael Patra’s term extended by one year

The government has extended the term of Michael Debabrata Patra as the deputy governor of the Reserv..

SEBI allows govt stake in IDBI Bank to be reclassified as ‘public’

SEBI allows govt stake in IDBI Bank to be reclassified as ‘public’

Capital markets regulator SEBI has allowed the government’s shareholding in IDBI Bank to be reclassi..

Bank credit, deposit trends in Q3

Bank credit, deposit trends in Q3

Most banks who have provided provisional data for the fiscal third-quarter have shown strong loan an..

Govt hikes interest rate on small savings; PPF rate unchanged

Govt hikes interest rate on small savings; PPF rate unchanged

The government has increased the interest rates on eight small savings schemes in the range of 20-11..

Banks may increase deposit rates amid rise in credit growth

Banks may increase deposit rates amid rise in credit growth

Banks may have to further hike deposit rates to meet a surge in credit demand, the Reserve Bank of I..

Ex-ICICI Bank CEO Chanda Kochhar, husband arrested in Videocon loan case

Ex-ICICI Bank CEO Chanda Kochhar, husband arrested in Videocon loan case

The Central Bureau of Investigation (CBI) has arrested former ICICI Bank CEO Chanda Kochhar and her ..

Yes Bank transfers invoked shares of Dish TV to JC Flowers

Yes Bank transfers invoked shares of Dish TV to JC Flowers

Yes Bank has transferred its 24.19% stake in Dish TV to JC Flowers Asset Reconstruction Co, a move w..

HDFC Bank looks to issue a million credit cards a month

HDFC Bank looks to issue a million credit cards a month

HDFC Bank is planning to make up for its lost ground in the credit card business after the Reserve B..

Banks to see record credit growth of Rs 19 trillion in FY23: ICRA

Banks to see record credit growth of Rs 19 trillion in FY23: ICRA

Bank credit growth is expected to touch a new high, surpassing the Rs 19 trillion in the current fis..

RBI brings urban co-operative banks under four-tiered regulatory framework

RBI brings urban co-operative banks under four-tiered regulatory framework

The Reserve Bank of India (RBI) Thursday announced a four-tiered regulatory framework for categorisa..

Credit growth accelerates to 17.2% in September quarter

Credit growth accelerates to 17.2% in September quarter

Bank credit growth accelerated to 17.2% in the September quarter from 7% a year ago and 14.2% in the..

IDFC First Bank launches India’s first sticker-based debit card

IDFC First Bank launches India’s first sticker-based debit card

IDFC First Bank, in collaboration with the National Payments Corporation of India (NPCI), has launch..

SBI’s strong Q2 performance indicates credit growth revival in economy

SBI’s strong Q2 performance indicates credit growth revival in economy

State Bank of India (SBI), which became the country’s most profitable company in the fiscal second q..

Acting early on monetary tightening would have exerted heavy costs: RBI Guv

Acting early on monetary tightening would have exerted heavy costs: RBI Guv

Defending the Reserve Bank of India’s (RBI) handling of the price situation, Governor Shaktikanta Da..