Don’t think world can afford a cryptomania, says RBI Guv

Don’t think world can afford a cryptomania, says RBI Guv

RBI Governor Shaktikanta Das on Thursday said the central bank's as well as his own opposition to cr..

Banks will have to work on deposit rates in 2024

Banks will have to work on deposit rates in 2024

The debate on whether interest rates on fixed deposits (FDs) have peaked or the door is still open f..

Fino Payments Bank applies for SFB licence, awaits RBI nod

Fino Payments Bank applies for SFB licence, awaits RBI nod

Fino Payments Bank, a subsidiary of Fino Paytech Limited, has applied for a small finance bank (SFB)..

Union Bank’s loan book, deposits see double-digit growth in Q3

Union Bank’s loan book, deposits see double-digit growth in Q3

Union Bank of India has posted double-digit growth on the advances as well as the deposits front for..

RBI seeks new names for Federal Bank CEO post

RBI seeks new names for Federal Bank CEO post

The Reserve Bank of India (RBI) has asked Federal Bank to submit at least two new names for the top ..

HDFC Bank’s advances rise 62.4% to Rs 24.69 lakh cr in Q3

HDFC Bank’s advances rise 62.4% to Rs 24.69 lakh cr in Q3

HDFC Bank’s loan book expanded 62.4% to Rs 24.69 lakh crore in the fiscal third quarter ended Decemb..

PNB, Bank of Maharashtra post double-digit loan growth in Q3

PNB, Bank of Maharashtra post double-digit loan growth in Q3

Punjab National Bank (PNB) has reported a 13.5% year-on-year growth in advances to Rs 9.72 lakh cror..

Bank of Maharashtra slashes home loan rate by 15 bps

Bank of Maharashtra slashes home loan rate by 15 bps

State- owned Bank of Maharashtra has cut its home loan rate by 15 basis points to 8.35% as part of i..

RBI proposes new norms on dividend payouts by banks

RBI proposes new norms on dividend payouts by banks

The Reserve Bank of India (RBI) has proposed allowing banks having net non-performing assets (NPAs) ..

Customer complaints against credit information bureaus on the rise: RBI

Customer complaints against credit information bureaus on the rise: RBI

Customer complaints against credit information companies (CICs) has seen a rise, the Reserve Bank of..

RBI issues fresh guidelines on unclaimed deposits, inoperative accounts

RBI issues fresh guidelines on unclaimed deposits, inoperative accounts

The Reserve Bank of India (RBI) has issued comprehensive guidelines on unclaimed deposits, making ba..

Vaidyanathan readies IDFC First Bank for takeoff

Vaidyanathan readies IDFC First Bank for takeoff

As the sun sets on 2023, IDFC First Bank chief executive officer V Vaidyanathan will have plenty to ..

Bank credit to industry slows in November

Bank credit to industry slows in November

Bank credit growth to industry decelerated to 6.1% in November versus 13% a year ago, data from the ..

PNB gets board nod to raise Rs 7,500 crore

PNB gets board nod to raise Rs 7,500 crore

Punjab National Bank’s board has approved a proposal to raise Rs 7,500 crore capital through QIP or ..

New norms for penal charges on loans: RBI gives banks, NBFCs 3 more months

New norms for penal charges on loans: RBI gives banks, NBFCs 3 more months

The Reserve Bank of India (RBI) has granted three more months to banks and non-banking financial com..