Manimekhalai becomes first woman CEO of Union Bank; govt names 2 more heads of PSBs

Manimekhalai becomes first woman CEO of Union Bank; govt names 2 more heads of PSBs

Mumbai-based Union Bank of India will have a woman boss for the first time. A Manimekhalai, executiv..

EMIs to rise as PNB, ICICI Bank and HDFC raise lending rates

EMIs to rise as PNB, ICICI Bank and HDFC raise lending rates

Banks continue to raise their lending rates in anticipation of further hikes from the Reserve Bank o..

PNB raises RTGS, NEFT charges

PNB raises RTGS, NEFT charges

Punjab National Bank has revised upwards its service charges for RTGS (real time gross settlement) a..

DICGC settles deposit insurance claims of Rs 8,517 cr in FY22

DICGC settles deposit insurance claims of Rs 8,517 cr in FY22

Deposit Insurance and Credit Guarantee Corporation (DICGC), set up to protect the interest of small ..

India’s forex reserves start climbing again

India’s forex reserves start climbing again

After falling for ten consecutive weeks, India's forex reserves increased by $4.23 billion to $597.5..

Waiting till June may have meant stronger rate action: RBI Guv

Waiting till June may have meant stronger rate action: RBI Guv

As several storms hit together and the war in Ukraine showed no signs of abating, the wait till June..

Sachin Bansal, 5 others fail to get RBI nod for bank licence

Sachin Bansal, 5 others fail to get RBI nod for bank licence

Reserve Bank of India (RBI) has rejected applications for on-tap licences of six firms, including th..

SBI to raise $2 bn via bonds in FY23

SBI to raise $2 bn via bonds in FY23

The board of State Bank of India (SBI) on Tuesday approved raising up to $2 billion via overseas bon..

Yes Bank in wait of investor to set up ARC

Yes Bank in wait of investor to set up ARC

Yes Bank has returned to full-fiscal profitability since 2018-19 but the main issue of moving its ba..

HDFC Bank sees spike in wholesale loans amid retail slide

HDFC Bank sees spike in wholesale loans amid retail slide

HDFC Bank’s wholesale loans have shown a robust growth despite Rs 65,000-crore of repayments from th..

Bank of India drags Future Retail to NCLT

Bank of India drags Future Retail to NCLT

Bank of India has dragged Future Retail to the bankruptcy court for non-payment of dues, a move that..

Ukraine war accelerates push for digital currencies

Ukraine war accelerates push for digital currencies

Governments across the world are working on digital currencies but the pace has got accelerated afte..

India’s retail inflation hits 17-month high

India’s retail inflation hits 17-month high

India's retail inflation surged to a 17-month high, breaching the Reserve Bank of India’s (RBI) uppe..

All banks to make available cardless cash withdrawals through ATMs

All banks to make available cardless cash withdrawals through ATMs

The Reserve Bank of India (RBI) has decided to allow all banks to introduce cardless cash withdrawal..

HDFC Bank looks to raise Rs 50,000 cr via bonds

HDFC Bank looks to raise Rs 50,000 cr via bonds

HDFC Bank board will consider a proposal for raising up to Rs 50,000 crore over the next 12 months, ..