SEBI bans ex-CEO of Care Ratings for two years

SEBI bans ex-CEO of Care Ratings for two years

SEBI has barred Rajesh Mokashi, former chief executive of Care Ratings, from the securities market f..

HDFC-HDFC Bank merger: RBI gives some regulatory relief

HDFC-HDFC Bank merger: RBI gives some regulatory relief

The Reserve Bank of India (RBI) has refused to grant HDFC Bank any exceptions on cash reserve ratio ..

Union Bank of India simplifies Form 15G & H submission

Union Bank of India simplifies Form 15G & H submission

State-owned Union Bank of India has simplified the annual submission of Form 15G and 15H in associat..

Bank of Baroda plans to raise up to $7 bn via debt

Bank of Baroda plans to raise up to $7 bn via debt

Bank of Baroda has got the board approval to raise up to $7 billion through bonds and issuance of ce..

RBI nod to appointment of two top executives at HDFC Bank

RBI nod to appointment of two top executives at HDFC Bank

The Reserve Bank of India (RBI) has approved the appointment of Kaizad Bharucha as deputy managing d..

More rate hikes possible as fight against inflation not over yet: MPC

More rate hikes possible as fight against inflation not over yet: MPC

The pause in interest rates is tactical and further rate hikes can’t be ruled out as the fight again..

Indian banks’ market cap falls in Q4 of FY23 on Adani exposure concerns: S&P

Indian banks’ market cap falls in Q4 of FY23 on Adani exposure concerns: S&P

Indian banks which had exposure to the embattled Adani Group posted worst declines in their market c..

Retail loans behind RBI’s pause in rate hikes

Retail loans behind RBI’s pause in rate hikes

Behind the Reserve Bank of India’s (RBI) pause in interest-rate hikes was the fear that a further ri..

SBI to raise $2 bn via debt in FY24

SBI to raise $2 bn via debt in FY24

State Bank of India (SBI) will raise up to $2 billion in debt in the current financial year.The comp..

Bank of Maharashtra hikes lending rates

Bank of Maharashtra hikes lending rates

State-owned Bank of Maharashtra (BoM) on Monday announced increase in the marginal cost of funds-bas..

HDFC Bank to expand branches and aggressively grow deposits

HDFC Bank to expand branches and aggressively grow deposits

HDFC Bank will continue to aggressively add branches and mobilise deposits even as it awaits all reg..

RBI starts evaluating five potential bidders for IDBI Bank

RBI starts evaluating five potential bidders for IDBI Bank

The Reserve Bank of India (RBI) has begun evaluating at least five potential bidders interested in p..

How RBI’s proposal on penal charges could impact banks’ revenues

How RBI’s proposal on penal charges could impact banks’ revenues

The Reserve Bank of India (RBI) has issued a draft circular on penal charges levied by banks and non..

Credit growth at 11-year high despite rise in lending rates

Credit growth at 11-year high despite rise in lending rates

Despite rising interest rates, global uncertainties and supply-chain issues, loan growth in FY2023 h..

HDFC Bank inks $300-mn pact with Korea Exim Bank

HDFC Bank inks $300-mn pact with Korea Exim Bank

HDFC Bank has signed a ‘Master Inter Bank Credit Agreement’ with Export Import Bank of Korea for a U..