RBI Guv warns against cryptocurrencies, says worth not even a tulip

RBI Guv warns against cryptocurrencies, says worth not even a tulip

The Reserve Bank of India Governor Shaktikanta Das believes that cryptocurrency investment is not ev..

96% of PMC Bank depositors to get paid upfront, says Unity SFB

96% of PMC Bank depositors to get paid upfront, says Unity SFB

Unity Small Finance Bank said around 96% of depositors having deposits up to Rs 5 lakh will be paid ..

Kotak Mahindra Bank Q3 up 15% on back of retail loan growth

Kotak Mahindra Bank Q3 up 15% on back of retail loan growth

Kotak Mahindra Bank reported 15% year-on-year growth in its net profit for the December quarter to R..

Vinod Rai’s appointment as independent chairman of Unity SFB gets RBI nod

Vinod Rai’s appointment as independent chairman of Unity SFB gets RBI nod

Former comptroller and auditor general of India Vinod Rai has been granted approval by the Reserve B..

Bank of Maharashtra plans capital raise, Q3 net doubles

Bank of Maharashtra plans capital raise, Q3 net doubles

Bank of Maharashtra is planning to raise Rs 500-750 crore through a qualified institutional placemen..

How SBI is keeping check on retail loan NPAs

How SBI is keeping check on retail loan NPAs

Fear of credit slipping into non-performing assets (NPAs) has triggered the State Bank of India (SBI..

Airtel Payments Bank gets scheduled bank status

Airtel Payments Bank gets scheduled bank status

Airtel Payments Bank has got the status of a scheduled bank. The Reserve Bank of India (RBI) on Tues..

SBI, ICICI, HDFC Bank remain systemically important banks: RBI

SBI, ICICI, HDFC Bank remain systemically important banks: RBI

The state-owned State Bank of India (SBI) and private lenders HDFC Bank and ICICI Bank continue to ..

Fiscal deficit target may come under strain, says RBI

Fiscal deficit target may come under strain, says RBI

The government may find it hard to contain fiscal deficit at the budgeted 6.8% this financial year, ..

Retail-led credit model face headwinds amid rise in home loan delinquencies: RBI

Retail-led credit model face headwinds amid rise in home loan delinquencies: RBI

With corporate credit staying sluggish for quite some time now, banks had turned aggressively to the..

Policy support needed amid uncertainty: RBI Guv

Policy support needed amid uncertainty: RBI Guv

The Reserve Bank of India (RBI) will continue its policy support to push forward a durable, broad-ba..

Banks need additional $70bn to support $5-tn economy: SBI chairman

Banks need additional $70bn to support $5-tn economy: SBI chairman

Though well-capitalised, the banking system will require fresh capital of $70 billion to support Ind..

Punjab National Bank pays tribute to Lala Lajpat Rai

Punjab National Bank pays tribute to Lala Lajpat Rai

Punjab National Bank (PNB) paid tributes to the freedom fighter Lala Lajpat Rai on his 93rd death an..

IBA to take up former SBI chairman’s arrest with govt

IBA to take up former SBI chairman’s arrest with govt

The banking community is mobilising the Indian Banks’ Association (IBA) to take up with the governme..

Former SBI chairman arrested in loan scam case

Former SBI chairman arrested in loan scam case

Former State Bank of India (SBI) chairman Pratip Chaudhuri  was arrested from his home in Delhi..