Credit growth to moderate to 14% in FY25 if deposits lag: S&P

Credit growth to moderate to 14% in FY25 if deposits lag: S&P

Bank credit growth in India is expected to moderate to 14% in fiscal 2025 from the existing 16% if t..

Jana Small Finance Bank IPO subscribed 18.5 times

Jana Small Finance Bank IPO subscribed 18.5 times

Bengaluru-headquartered Jana Small Finance Bank received a warm response for its initial public offe..

Why RBI cracked down on Paytm Payments Bank

Why RBI cracked down on Paytm Payments Bank

The Reserve Bank of India (RBI) cracked down on Paytm Payments Bank due to the fintech firm’s persis..

Bank credit growth could moderate in FY25 amid tighter liquidity

Bank credit growth could moderate in FY25 amid tighter liquidity

Bank credit growth, which has remained strong, could moderate to 12-14% in the next fiscal if deposi..

SBI’s burden due to increased salaries, pensions to reach Rs 26,000 crore by March

SBI’s burden due to increased salaries, pensions to reach Rs 26,000 crore by March

State Bank of India’s (SBI) outgo on account of increase in salaries and pensions will jump to aroun..

SBI chairman Khara supports move to curb unsecured loan growth

SBI chairman Khara supports move to curb unsecured loan growth

The Reserve Bank of India’s cautionary remarks on unsecured lending by banks has found support in St..

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..

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..

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..

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 ..

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..

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 ..

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..