SBI raises Rs 2,500 cr via bonds

SBI raises Rs 2,500 cr via bonds

State Bank of India has raised Rs 2,500 crore from bonds to fund business growth. Last month, SBI ha..

RBI rejects Muthoot Finance's proposal to buy IDBI AMC

RBI rejects Muthoot Finance's proposal to buy IDBI AMC

The Reserve Bank of India on Tuesday rejected Kerala-based Muthoot Finance's proposal to acquire IDB..

Large NBFCs likely to get banking licences

Large NBFCs likely to get banking licences

The internal working group of the Reserve Bank of India (RBI) has recommended allowing large non-ban..

Who stands to gain if RBI panel proposals sail through

Who stands to gain if RBI panel proposals sail through

The RBI had constituted an internal working group on 12 June to review ownership guidelines and corp..

The collapse of Lakshmi Vilas Bank and DBS as rescuer

The collapse of Lakshmi Vilas Bank and DBS as rescuer

The recent consolidation in the banking sector in India has been prompted more by distress than by s..

RBI panel paves way for entry of large corporate houses into banks

RBI panel paves way for entry of large corporate houses into banks

The Reserve Bank of India (RBI) may be finally opening up the banking sector to large industrial hou..

Large NBFCs can convert into banks: RBI panel

Large NBFCs can convert into banks: RBI panel

The RBI internal working group suggests that well-run large non-banking financial companies (NBFCs),..

RBI panel proposes upping promoter cap in private banks to 26%

RBI panel proposes upping promoter cap in private banks to 26%

After allowing Kotak Mahindra Bank to retain its promoter holding at 26%, the Reserve Bank of India'..

Payments banks can convert to small finance banks: RBI panel

Payments banks can convert to small finance banks: RBI panel

Reserve Bank of India's internal working group has recommended that payments banks can convert to a ..

DBS-Lakshmi Vilas Bank deal precursor to many such takeovers by foreign banks: AIBEA

DBS-Lakshmi Vilas Bank deal precursor to many such takeovers by foreign banks: AIBEA

Employees of Lakshmi Vilas Bank (LVB) have written to the Reserve Bank of India (RBI) to reconsider ..

Alarmed depositors flock to Lakshmi Vilas Bank branches

Alarmed depositors flock to Lakshmi Vilas Bank branches

Chaos and confusion prevailed in many branches of Lakshmi Vilas Bank (LVB) as depositors and custome..

Merger with Lakshmi Vilas Bank to give DBS a boost: Moody's

Merger with Lakshmi Vilas Bank to give DBS a boost: Moody's

Singapore-based DBS Bank will strengthen its India business following merger with troubled Lakshmi V..

Matching biz cultures of DBS and Lakshmi Vilas Bank

Matching biz cultures of DBS and Lakshmi Vilas Bank

Singapore-based DBS Group gets to speed up its expansion plans in India through the takeover of aili..

RBI sets withdrawal cap of Rs 5 lakh for Lakshmi Vilas Bank depositors

RBI sets withdrawal cap of Rs 5 lakh for Lakshmi Vilas Bank depositors

The Reserve bank of India (RBI) has allowed depositors of Chennai-based Lakshmi Vilas Bank (LVB) to ..

Wholesale price inflation up 1.48% in Oct

Wholesale price inflation up 1.48% in Oct

The wholesale price inflation (WPI) rose to an eight-month high of 1.48% in October as vegetable pri..