Federal Bank Q3 net up 25% at Rs 1,007 crore

Federal Bank Q3 net up 25% at Rs 1,007 crore

Kerala-headquartered Federal Bank has reported a net profit of Rs 1,006.74 crore for the fiscal thir..

Bank of Maharashtra Q3 net up 34% at Rs 1,036 crore

Bank of Maharashtra Q3 net up 34% at Rs 1,036 crore

State-owned Bank of Maharashtra posted a 34% jump in its net profit to Rs 1,036 crore in the fiscal ..

HDFC Bank Q3 net up 33.5% to Rs 16,372 crore

HDFC Bank Q3 net up 33.5% to Rs 16,372 crore

HDFC Bank has posted a 33.5% jump in its net profit to Rs 16,372.54 crore in the fiscal third quarte..

Praveen Kutty gets RBI nod to be CEO of DCB Bank

Praveen Kutty gets RBI nod to be CEO of DCB Bank

The Reserve Bank of India (RBI) has approved the appointment of Praveen Achuthan Kutty as the managi..

RBI to tighten norms for housing finance firms taking deposits

RBI to tighten norms for housing finance firms taking deposits

The Reserve Bank of India (RBI) has proposed stricter rules for housing finance companies (HFCs) tha..

RBI issues draft norms for fintech self-regulatory body

RBI issues draft norms for fintech self-regulatory body

The Reserve Bank of India (RBI) has asked financial technology (fintech) companies to create a self-..

SBI launches green FDs to raise funds for climate-friendly projects

SBI launches green FDs to raise funds for climate-friendly projects

State Bank of India (SBI) has launched a green rupee fixed-deposit scheme  to raise funds for f..

Inflation climbs to 4-month high, industrial output slips to 8-month low

Inflation climbs to 4-month high, industrial output slips to 8-month low

India’s retail inflation climbed to a 4-month high of 5.69% in December 2023 while industrial produc..

RBI fines three banks for rule violations

RBI fines three banks for rule violations

The Reserve Bank of India (RBI) has slapped penalties totalling Rs 2.49 crore on three banks for var..

RBI Deputy Governor Michael Patra gets one-year extension

RBI Deputy Governor Michael Patra gets one-year extension

The government has approved the re-appointment of Michael Patra as Deputy Governor of the Reserve Ba..

Bank deposits double from 2016 to touch Rs 200 trillion

Bank deposits double from 2016 to touch Rs 200 trillion

Bank deposits crossed the Rs 200 lakh crore milestone in 2023, with the last Rs 50 lakh crore being ..

SBI’s expansion plans to unbanked pockets in Odisha

SBI’s expansion plans to unbanked pockets in Odisha

State Bank of India (SBI) has sensed an opportunity to expand its banking network to the unbanked po..

RBI asks CROs of banks to take pre-emptive measures to mitigate risks

RBI asks CROs of banks to take pre-emptive measures to mitigate risks

The Reserve Bank of India (RBI) has asked chief compliance officers and chief risk officers (CROs) t..

IBC needs ‘some course correction’, says RBI Governor

IBC needs ‘some course correction’, says RBI Governor

Lenders have recovered Rs 3.16 lakh crore out of the admitted claims of Rs 9.92 lakh crore under the..

UPI can become world leader in payments: RBI Guv

UPI can become world leader in payments: RBI Guv

UPI, developed by National Payments Corporation of India (NPCI), has room to grow and can become the..