20% of households pumping savings into capital markets: Economic Survey

20% of households pumping savings into capital markets: Economic Survey

Nearly 20% of Indian households are potentially channeling their savings into the financial market.T..

Budget 2024: Jobs, tax slabs and other highlights

Budget 2024: Jobs, tax slabs and other highlights

The Union Budget for the financial year 2024-25 focuses on employment, skilling, MSME and the middle..

SBI MD Ashwini Tewari suggests CRR cut, other options to boost deposit growth

SBI MD Ashwini Tewari suggests CRR cut, other options to boost deposit growth

With banks facing low deposit growth and the capital market enjoying a boom phase, State Bank of Ind..

Economic Survey: GDP growth and other highlights

Economic Survey: GDP growth and other highlights

India's GDP is projected to grow at 6.5% to 7% in the current fiscal year, according to the Economic..

IDBI Bank stake sale: RBI’s ‘fit and proper’ report sets ball rolling

IDBI Bank stake sale: RBI’s ‘fit and proper’ report sets ball rolling

After years of wait, IDBI Bank’s stake sale process has gathered fresh momentum with the Reserve Ban..

RBI asks banks to give borrowers 21-day notice before fraud tag

RBI asks banks to give borrowers 21-day notice before fraud tag

The Reserve Bank of India (RBI) has directed banks and other financial institutions to give defaulti..

SBI raises interest rate to 7.25% in new deposit scheme

SBI raises interest rate to 7.25% in new deposit scheme

State Bank of India, the country’s largest lender, has raised its deposit rate to a high of 7.25% in..

RBI warns banks against ‘lakhs of accounts’ used for fraud and evergreening

RBI warns banks against ‘lakhs of accounts’ used for fraud and evergreening

The Reserve Bank of India (RBI) has cautioned banks against having “lakhs of accounts” used for frau..

Four PSU banks pay Rs 6,481 crore dividend to Govt

Four PSU banks pay Rs 6,481 crore dividend to Govt

Four public sector banks, including Canara Bank and Indian Bank, presented dividend cheques worth Rs..

RBI Deputy Guv flags concerns over NBFCs’ disclosure standards

RBI Deputy Guv flags concerns over NBFCs’ disclosure standards

Reserve Bank of India (RBI) Deputy Governor M Rajeshwar Rao has flagged concerns over quality of dis..

RBI fines PNB for KYC violations

RBI fines PNB for KYC violations

The Reserve Bank of India (RBI) has imposed a monetary penalty of Rs 1.31 crore on Punjab National B..

PNB Q1 loan book outpaces deposit growth

PNB Q1 loan book outpaces deposit growth

Punjab National Bank's global loan book grew 12.7% year-on-year to Rs 10.3 lakh crore in the first q..

Canara Bank, Karnataka state police ink MoU for premium payroll accounts

Canara Bank, Karnataka state police ink MoU for premium payroll accounts

Canara Bank has signed a Memorandum of Understanding (MoU) with the Karnataka State Police for premi..

RBI’s risk weightage: Personal loan rates surge

RBI’s risk weightage: Personal loan rates surge

Private lenders such as ICICI Bank, Kotak Mahindra Bank, HDFC Bank and Axis Bank have raised interes..

Interest rates on small savings schemes unchanged

Interest rates on small savings schemes unchanged

The government has not changed the interest rates on small savings schemes for the quarter beginning..