Kerala co-op bank hit by Rs 100 cr scam

Kerala co-op bank hit by Rs 100 cr scam

Aco-operative bank in Kerala’s Thrissur district has reportedly embezzled Rs 100 crore in a loan sca..

Centre's fiscal deficit at 8.2% of full year target

Centre's fiscal deficit at 8.2% of full year target

The centre's fiscal deficit for the first two months of 2021-22 stood at Rs 1.23 lakh crore, or 8.2%..

FM Sitharaman's 8 new schemes to pump up economy

FM Sitharaman's 8 new schemes to pump up economy

Finance Minister Nirmala Sitharaman on Monday announced eight economic relief measures to lift the e..

RBI gets Centrum-BharatPe to rescue PMC Bank

RBI gets Centrum-BharatPe to rescue PMC Bank

Punjab & Maharashtra Cooperative Bank (PMC), which has been hit by a scam and had the Reserve Ba..

Bank stress may be obscured by abundant liquidity: RBI Guv

Bank stress may be obscured by abundant liquidity: RBI Guv

The economic impact of Covid-19 was cushioned by abundant liquidity in the banking system, lowering ..

DHFL: Wadhawan moves SC against NCLAT order

DHFL: Wadhawan moves SC against NCLAT order

Dewan Housing Finance Ltd (DHFL) erstwhile promoter Kapil Wadhawan has moved the Supreme Court again..

Banks can invoke personal guarantees of loan defaulters: SC

Banks can invoke personal guarantees of loan defaulters: SC

In what could lead to more bad loans getting resolved and speed up the process of recovery, the Supr..

RBI guv, small finance banks discuss potential stress on balance sheets

RBI guv, small finance banks discuss potential stress on balance sheets

Reserve Bank of India Governor Shaktikanta Das and top officials of small finance banks on Friday di..

Banks ask RBI to extend recast scheme amidst Covid surge

Banks ask RBI to extend recast scheme amidst Covid surge

The top bosses of banks have asked the Reserve Bank of India (RBI) to extend the one-time restructur..

Discussing privatisation of PSBs with govt: RBI Guv

Discussing privatisation of PSBs with govt: RBI Guv

The Reserve Bank of India is in discussion with the government over the privatisation of public sect..

How the SC verdict will impact banks

How the SC verdict will impact banks

Banks could see an overall impact of Rs 7,500 crore as the Supreme Court has ordered a waiver of int..

RBI floats panel under Shyamala Gopinath to screen bank applications

RBI floats panel under Shyamala Gopinath to screen bank applications

Former RBI deputy governor Shyamala Gopinath will head a five-member panel set up by the Reserve Ban..

Fiscal expansion finds support in Economic Survey

Fiscal expansion finds support in Economic Survey

The Economic Survey for 2020-21 has called for a fiscal expansion, indicating what stance Finance Mi..

RBI slaps Rs 2 cr penalty on Deutsche Bank

RBI slaps Rs 2 cr penalty on Deutsche Bank

The Reserve Bank of India has slapped a fine of Rs 2 crore on Deutsche Bank AG for violating deposit..

SC rejects Chanda Kochhar's plea against being sacked as ICICI chief

SC rejects Chanda Kochhar's plea against being sacked as ICICI chief

The Supreme Court has rejected the appeal filed by former ICICI Bank chief executive Chanda Kochhar ..