DBS Bank India receives Rs 2,500 cr capital infusion from parent

DBS Bank India receives Rs 2,500 cr capital infusion from parent

DBS Bank India Limited (DBIL) said on Friday that it has received capital infusion of Rs 2,500 crore..

Inflation as handcuff, RBI leaves interest rates unchanged

Inflation as handcuff, RBI leaves interest rates unchanged

Caught between the inflationary devil and the deep sea of slow growth, the Reserve Bank of India (RB..

RBI directs HDFC Bank to halt issue of credit cards, digital launches

RBI directs HDFC Bank to halt issue of credit cards, digital launches

The Reserve Bank of India has asked HDFC Bank to temporarily halt all launches of its digital busine..

Bank of India to grow asset management biz, agrees to buy out AXA's stake in 2 subsidiaries

Bank of India to grow asset management biz, agrees to buy out AXA's stake in 2 subsidiaries

As part of its strategy to grow its asset management business under its own franchise, state-owned B..

SBI, NPCI & Japan's JCB launch RuPay contactless debit card

SBI, NPCI & Japan's JCB launch RuPay contactless debit card

State Bank of India, National Payments Corporation of India (NPCI) and JCB International Co., Ltd. (..

Union Bank of India integrates branches of Corporation Bank

Union Bank of India integrates branches of Corporation Bank

State-owned Union Bank of India, which has amalgamated Andhra Bank and Corporation Bank, has integra..

SC rejects Chanda Kochhar's plea against being sacked as ICICI chief

SC rejects Chanda Kochhar's plea against being sacked as ICICI chief

The Supreme Court has rejected the appeal filed by former ICICI Bank chief executive Chanda Kochhar ..

Yes Bank targets Rs 10,000 cr loan disbursal to retail, MSME in Q3

Yes Bank targets Rs 10,000 cr loan disbursal to retail, MSME in Q3

After breaking down due to heavy exposure in corporate credit, Yes Bank has set sights on retail and..

India's manufacturing PMI sinks to 3-month low in Nov

India's manufacturing PMI sinks to 3-month low in Nov

Slower increases in factory orders, exports and buying levels have pulled down India's manufacturing..

Banks push deadline for DHFL bid to 10 Dec amid Adani's revised offer

Banks push deadline for DHFL bid to 10 Dec amid Adani's revised offer

With billionaire Gautam Adani's group outbidding US-based Oaktree, lenders to the bankrupt Dewan Hou..

Core infra sector contracts 8th month in a row

Core infra sector contracts 8th month in a row

For the eighth consecutive month, the core infrastructure sector contracted mainly because of a slum..

India's Q2 GDP rebounds at -7.5% amid technical recession

India's Q2 GDP rebounds at -7.5% amid technical recession

India's economy has entered into first technical recession since 1996 when the country began quarter..

Bombay HC refuses to stay Lakshmi Vilas Bank-DBS merger

Bombay HC refuses to stay Lakshmi Vilas Bank-DBS merger

Adivision bench of Justices Nitin Jamdar and Milind Jadhav was hearing petitions filed by a group of..

Home loan interest rates to remain low for next 6-12 months: HDFC chief Keki Mistry

Home loan interest rates to remain low for next 6-12 months: HDFC chief Keki Mistry

With the Reserve Bank of India (RBI) improving liquidity in the market, interest rates on home loans..

Bank credit growth decelerates to 5.8% in Sep quarter: RBI data

Bank credit growth decelerates to 5.8% in Sep quarter: RBI data

Bank credit growth has decelerated to 5.8% in the Sep quarter from 8.9% in the year-ago period, acco..