Govt hikes interest rate on two small savings schemes

Govt hikes interest rate on two small savings schemes

The government has hiked the interest rates on Sukanya Samriddhi scheme by 20 basis points and three..

RBI to act early to prevent risk build-up: Governor Shaktikanta Das

RBI to act early to prevent risk build-up: Governor Shaktikanta Das

Reserve Bank of India Governor Shaktikanta Das on Thursday said India is one of the fastest growing ..

Bank of Baroda hikes interest rates on deposits

Bank of Baroda hikes interest rates on deposits

Soon after State Bank of India (SBI) hiked deposit rates, Bank of Baroda announced an increase in in..

SBI, HDFC Bank, ICICI Bank in RBI’s systematically important bank list

SBI, HDFC Bank, ICICI Bank in RBI’s systematically important bank list

In the Reserve Bank of India’s latest list of domestic systematically important banks (D-SIBs), Stat..

Banks’ bad assets fall to multi-year low of 0.8%: RBI

Banks’ bad assets fall to multi-year low of 0.8%: RBI

Net non-performing assets (NPA) ratio of banks declined to a multi-year low of 0.8% at the end of Se..

SBI hikes FD interest rates by up to 50 bps

SBI hikes FD interest rates by up to 50 bps

State Bank of India (SBI) has raised interest rates on fixed deposits (FDs) by up to 50 basis points..

Banks’ asset quality improves to 10-year high: RBI

Banks’ asset quality improves to 10-year high: RBI

The gross non-performing asset (NPA) ratio of Indian banks continued to show improvement in the seco..

Bank fraud cases more than double but value involved falls: RBI

Bank fraud cases more than double but value involved falls: RBI

While the number of fraud cases in the banking sector more than doubled during the first half of the..

RBI asks NBFCs to reduce dependence on banks for funds

RBI asks NBFCs to reduce dependence on banks for funds

The Reserve Bank of India (RBI) has asked non-banking financial companies (NBFCs) to broad-base thei..

IDFC Ltd-IDFC First Bank reverse merger receives RBI nod

IDFC Ltd-IDFC First Bank reverse merger receives RBI nod

Reserve Bank of India (RBI) has given its approval for the reverse merger of IDFC Ltd with its banki..

RBI gives nod to Rajan’s appointment as Kotak Mahindra Bank chairman

RBI gives nod to Rajan’s appointment as Kotak Mahindra Bank chairman

Kotak Mahindra Bank on Wednesday said the Reserve Bank of India (RBI) has approved the appointment o..

Canara Bank plans IPO for its mutual fund arm

Canara Bank plans IPO for its mutual fund arm

Bengaluru-based public sector lender Canara Bank has said its board has given in-principle approval ..

RBI, two banks receive bomb threat mail

RBI, two banks receive bomb threat mail

The Reserve Bank of India (RBI), HDFC Bank and ICICI Bank on Tuesday received 11 bomb threats in Mum..

South Indian Bank staffer booked for allegedly siphoning off Rs 28 cr

South Indian Bank staffer booked for allegedly siphoning off Rs 28 cr

An employee of South Indian Bank’s Noida branch has been booked for allegedly siphoning off more tha..

Banks’ liquidity deficit at near 8-year high

Banks’ liquidity deficit at near 8-year high

The Indian banking system is facing a widening liquidity deficit, reaching levels last seen in 2016...