Chanda Kochhar, husband out on bail

Chanda Kochhar, husband out on bail

The Kochhars, arrested in connection with the ICICI Bank-Videocon loan case, are out on bail. Former..

RBI deputy governor Michael Patra’s term extended by one year

RBI deputy governor Michael Patra’s term extended by one year

The government has extended the term of Michael Debabrata Patra as the deputy governor of the Reserv..

Bank bond issuances hit record high in FY23: Icra

Bank bond issuances hit record high in FY23: Icra

Indian banks are aggressively raising funds through bonds to fund credit growth in an environment wh..

Govt receives multiple bids for majority stake in IDBI Bank

Govt receives multiple bids for majority stake in IDBI Bank

The government has received preliminary bids for a majority stake in IDBI Bank. While no names ..

Canara Bank hikes lending rates

Canara Bank hikes lending rates

Canara Bank has increased its lending rates across tenures by 15 to 25 basis points.The state-owned ..

Why no full-throttle deposit war yet

Why no full-throttle deposit war yet

Despite initial resistance, banks are pushing themselves to a rate war for deposits as credit growth..

Govt, RBI discussing cross-border rupee trade with South Asian nations

Govt, RBI discussing cross-border rupee trade with South Asian nations

The government and the central bank are in discussion with South Asian countries to have cross-borde..

SEBI allows govt stake in IDBI Bank to be reclassified as ‘public’

SEBI allows govt stake in IDBI Bank to be reclassified as ‘public’

Capital markets regulator SEBI has allowed the government’s shareholding in IDBI Bank to be reclassi..

RBI details process for re-KYC

RBI details process for re-KYC

Bank customers need to update their KYC by furnishing a fresh KYC (know your customer) or re-KYC in ..

Bank credit, deposit trends in Q3

Bank credit, deposit trends in Q3

Most banks who have provided provisional data for the fiscal third-quarter have shown strong loan an..

Loan growth, liquidity stress and rate hikes in 2023

Loan growth, liquidity stress and rate hikes in 2023

Banks need to take a harder look at liquidity as the Indian economy moves towards higher interest ra..

RBI lifts restrictions on Mahindra Finance

RBI lifts restrictions on Mahindra Finance

The Reserve Bank of India (RBI) has lifted the ban on Mahindra & Mahindra Financial Services (M&..

SBI, ICICI Bank, HDFC Bank remain systemically important banks: RBI

SBI, ICICI Bank, HDFC Bank remain systemically important banks: RBI

The Reserve Bank of India (RBI) continues to categorise State Bank of India (SBI), ICICI Bank and HD..

IPRS files insolvency case against Zee Entertainment

IPRS files insolvency case against Zee Entertainment

The Indian Performing Right Society (IPRS) has filed an insolvency case against Zee Entertainment En..

Govt hikes interest rate on small savings; PPF rate unchanged

Govt hikes interest rate on small savings; PPF rate unchanged

The government has increased the interest rates on eight small savings schemes in the range of 20-11..