The Finance Ministry has asked state-owned banks to shore up their low recovery rate from written of..
The government has appointed Rajneesh Karnatak as managing director of Bank of India (BoI) and Debad..
The Hinduja Group has emerged as the lone bidder for the bankrupt Reliance Capital (RCap) on the sec..
The acquisition of Citibank’s consumer business in India has pulled down Axis Bank’s results with th..
State Bank of India, the country’s largest lender, has concluded the sale of $750-million senior 5-y..
The Reserve Bank of India (RBI) has started closely monitoring the business models of banks and fina..
Union Bank of India’s board has approved raising up to Rs 10,100 crore through a mix of debt and equ..
The Reserve Bank of India (RBI) has penalised four co-operative banks amounting to a total of Rs 44 ..
The Reserve Bank of India has harmonised the provisioning norms for standard assets applicable to al..
ICICI Bank, the country’s second-largest private lender, continued to report robust numbers followin..
HDFC Bank on Monday said it will acquire a “20% or more stake” in Griha Pte, a wholly-owned subsidia..
The board of IndusInd Bank has reappointed Sumant Kathpalia as managing director and CEO for a perio..
Bank of Maharashtra is planning to add 200 branches in the current financial year even as it has see..
IndusInd Bank has reported a 50% year-on-year jump in standalone net profit to Rs 2,040.51 crore for..
Private sector lender Yes Bank reported a 45% drop in net profit year-on-year for the January-March ..
