Retail inflation eases to 18-month low of 4.7% in April

Retail inflation eases to 18-month low of 4.7% in April

Retail inflation in India has cooled to an 18-month low of 4.7% in April, making the RBI Governor Sh..

RBI slaps penalty on Canara Bank

RBI slaps penalty on Canara Bank

The Reserve Bank of India (RBI) has imposed a penalty of Rs 2.92 crore on state-run Canara Bank for ..

ESAF Bank net profit jumps over four-fold to Rs 302 crore in FY23

ESAF Bank net profit jumps over four-fold to Rs 302 crore in FY23

ESAF Small Finance Bank has reported an over four-fold jump in net profit to Rs 302.33 crore for the..

Morgan Stanley weighs RBI’s expected credit loss impact on banks

Morgan Stanley weighs RBI’s expected credit loss impact on banks

Banks are still trying to figure out what the Reserve Bank of India’s (RBI) proposed expected credit..

NCLT admits Go First’s insolvency plea, lessor challenges in NCLAT

NCLT admits Go First’s insolvency plea, lessor challenges in NCLAT

The National Company Law Tribunal (NCLT) has admitted Go First’s voluntary insolvency plea, a move w..

Pay fee, charges on forex prepaid cards in rupees: RBI

Pay fee, charges on forex prepaid cards in rupees: RBI

The Reserve Bank of India (RBI) said Tuesday that fees and charges payable in India on forex prepaid..

Canara Bank CEO eyes 12% loan growth, repricing and better margins in FY24

Canara Bank CEO eyes 12% loan growth, repricing and better margins in FY24

Canara Bank is in a position to exceed its credit guidance of 12%, reprice its loans, expand net int..

RBI slaps fine on HSBC for wrong credit card data

RBI slaps fine on HSBC for wrong credit card data

The Reserve Bank of India (RBI) has imposed a fine of Rs 1.74 crore on HSBC for violation of rules r..

Union Bank of India has loan pipeline of Rs 55,000 crore

Union Bank of India has loan pipeline of Rs 55,000 crore

Union Bank of India has about Rs 55,000 crore of loan proposals under various stages of approval whi..

Union Bank of India Q4 net up 93%, asset quality improves

Union Bank of India Q4 net up 93%, asset quality improves

Union Bank of India reported a 93.3% year-on-year rise in standalone net profit to Rs 2,782 crore fo..

NCLT reserves order on Go First’s plea seeking interim moratorium

NCLT reserves order on Go First’s plea seeking interim moratorium

The National Company Law Tribunal (NCLT) on Thursday reserved its order on embattled airline Go Firs..

Banks have Rs 6,521 crore exposure as Go First files for bankruptcy

Banks have Rs 6,521 crore exposure as Go First files for bankruptcy

Just a week after Reserve Bank of India (RBI) Governor Shaktikanta Das said that bad loans of Indian..

UCO Bank records highest-ever net profit for fiscal; to raise Rs 2,000 cr

UCO Bank records highest-ever net profit for fiscal; to raise Rs 2,000 cr

State-owned UCO Bank has reported its highest-ever net profit for a full-fiscal year and is planning..

Punjab & Sind Bank plans branch expansion, fundraising in FY24

Punjab & Sind Bank plans branch expansion, fundraising in FY24

Punjab & Sind Bank is planning to add 20 branches and raise Rs 250 crore in FY24 to fuel its gro..

India not to allow entry of large corporates into banking: Vaghul

India not to allow entry of large corporates into banking: Vaghul

India will never allow large corporates to open a bank and it will all be professional banking, ..