SC rejects plea, SBI to disclose electoral bonds info on 12 March

SC rejects plea, SBI to disclose electoral bonds info on 12 March

The Supreme Court has turned down the State Bank of India’s (SBI) application seeking an extension u..

17% wage hike for bank employees; 5-day work week awaits govt nod

17% wage hike for bank employees; 5-day work week awaits govt nod

Public sector banks will have to bear the burden of an additional yearly outgo of around Rs 8,284 cr..

Interest rates on small savings schemes remains unchanged

Interest rates on small savings schemes remains unchanged

The government has left the interest rates unchanged on various small savings schemes for the first ..

UCO Bank IMPS scam: CBI conducts raids in 7 cities

UCO Bank IMPS scam: CBI conducts raids in 7 cities

The CBI has conducted searches at 67 locations in seven cities of Rajasthan and Maharashtra in conne..

RBI asks credit card issuers to let customers choose networks

RBI asks credit card issuers to let customers choose networks

The Reserve Bank of India (RBI) has directed banks to provide an option to their eligible customers ..

Fairfax India commits $200 mn to IIFL Finance

Fairfax India commits $200 mn to IIFL Finance

IIFL Finance, which was barred by the Reserve Bank of India (RBI) from disbursing gold loans, has fo..

SBI requests SC to extend deadline to make public electoral bonds info

SBI requests SC to extend deadline to make public electoral bonds info

State Bank of India (SBI) has requested the Supreme Court to grant time until 30 June to disclose de..

RBI bans IIFL Finance from sanctioning, disbursing gold loans

RBI bans IIFL Finance from sanctioning, disbursing gold loans

The Reserve Bank of India (RBI) has barred IIFL Finance from sanctioning and disbursing gold loans d..

RBI bars JM Financial from financing against shares, debentures

RBI bars JM Financial from financing against shares, debentures

The Reserve bank of India (RBI) has barred JM Financial Products from advancing loans against shares..

AU-Fincare Small Finance Bank merger gets RBI nod

AU-Fincare Small Finance Bank merger gets RBI nod

The Reserve Bank of India (RBI) has approved the proposed merger of Fincare Small Finance Bank with ..

97.62% of Rs 2,000 notes returned to banking system

97.62% of Rs 2,000 notes returned to banking system

The Reserve Bank of India (RBI) on Friday said 97.62% of the Rs 2,000 bank notes have returned to th..

Deposit challenges to moderate bank credit growth in FY25

Deposit challenges to moderate bank credit growth in FY25

Bank credit and deposits cannot keep running at very different levels for a long period of time and ..

Bank loan growth trends in January

Bank loan growth trends in January

Two trends are noticeable in bank credit growth for the month of January. While credit growth to ind..

India’s GDP spikes to 8.4% in Q3

India’s GDP spikes to 8.4% in Q3

India's economic growth grew to 8.4% in the third quarter of 2023-24, mainly due to good performance..

Reaching old age pension to a Naxalite-hit family

Reaching old age pension to a Naxalite-hit family

Darkness surrounded the hills of Malkangiri as Gurubari Sisa sat on the verandah of her mud-paved hu..