RBI penalises Axis Bank, Manappuram Finance

RBI penalises Axis Bank, Manappuram Finance

The Reserve Bank of India (RBI) has slapped a fine of Rs 90.92 lakh on Axis Bank and Rs 42.78 lakh o..

Banks may need Rs 84,000 cr more as RBI tightens norms on consumer loans

Banks may need Rs 84,000 cr more as RBI tightens norms on consumer loans

The Indian banking system will require Rs 84,000 crore of excess capital due to revised unsecured lo..

RBI’s move on unsecured loans to hurt banks more than economy

RBI’s move on unsecured loans to hurt banks more than economy

The Reserve Bank of India’s clamp down on risky consumer lending is likely to hurt banks but only ha..

SBI not to be impacted by RBI’s new directive on risky consumer loans

SBI not to be impacted by RBI’s new directive on risky consumer loans

The Reserve Bank of India’s directive to increase risk weights on unsecured consumer loans will not ..

RBI ups risk weights on consumer loans

RBI ups risk weights on consumer loans

The Reserve Bank of India (RBI) has increased the risk weights with respect to consumer credit expos..

UCO Bank erroneously credits Rs 820 crore to account holders

UCO Bank erroneously credits Rs 820 crore to account holders

In a major slip, UCO Bank has erroneously transferred Rs 820 crore to some of its account holders du..

Union Bank of India’s strategic push in FY24

Union Bank of India’s strategic push in FY24

A focus on mobilising low-cost CASA deposits, stubborn protection of margins at 3%, reduction of non..

RBI bars Bajaj Finance from lending under two products

RBI bars Bajaj Finance from lending under two products

The Reserve Bank of India (RBI) has barred Bajaj Finance from lending under two of its loan products..

SBI chairman on unsecured loans, lending margins, CASA focus

SBI chairman on unsecured loans, lending margins, CASA focus

State Bank of India’s lending margins may get compressed by 3-5 basis points due to deposit repricin..

High growth in unsecured loans to remain even if risk weights increase

High growth in unsecured loans to remain even if risk weights increase

Growth in the unsecured loan segment will remain strong even if the Reserve Bank of India (RBI) incr..

Bank of Maharashtra, Central Bank of India CEOs get tenure extension

Bank of Maharashtra, Central Bank of India CEOs get tenure extension

The chief executives of Bank of Maharashtra and Central Bank of India have got an extension of term ..

Bank of Maharashtra tops loan, deposit growth among PSU lenders in Q2

Bank of Maharashtra tops loan, deposit growth among PSU lenders in Q2

Bank of Maharashtra has retained the top spot among public sector lenders in loan and deposit growth..

RBI fines PNB, Federal Bank, 2 others

RBI fines PNB, Federal Bank, 2 others

The Reserve Bank of India (RBI) has penalised Punjab National Bank, Federal Bank, Kosamattam Finance..

SBI Q2 net up 8% at Rs 14,330 cr

SBI Q2 net up 8% at Rs 14,330 cr

State Bank of India (SBI) reported an 8.03% year-on-year rise in net profit to Rs 14,330.02 crore fo..

ESAF raises Rs 135 cr from anchor investors ahead of IPO

ESAF raises Rs 135 cr from anchor investors ahead of IPO

ESAF Small Finance Bank has raised Rs 135.15 crore from 11 anchor investors on 2 November, ahead of ..