Bank of Maharashtra cuts home loan rates to 8%

Bank of Maharashtra cuts home loan rates to 8%

Pune-headquartered Bank of Maharashtra has bucked the trend to cut home loan interest rates while pe..

SBI raises deposit rates by up to 20 bps

SBI raises deposit rates by up to 20 bps

State Bank of India (SBI) has hiked fixed deposit interest rates by up to 20 basis points.The countr..

Inflation climbs to 7.41% in Sept, rate hike certain

Inflation climbs to 7.41% in Sept, rate hike certain

India’s retail inflation has surged to 7.41% in September, making it certain that the Reserve Bank w..

RBI cancels licence of Seva Vikas Co-operative Bank

RBI cancels licence of Seva Vikas Co-operative Bank

The Reserve Bank of India (RBI) has cancelled the licence of Pune-based Seva Vikas Co-operative Bank..

SBI’s home loan book crosses Rs 6 trillion

SBI’s home loan book crosses Rs 6 trillion

State Bank of India’s home loan book has crossed the Rs 6 trillion mark, adding one trillion since J..

RBI widens role of ARCs, raises minimum capital requirement

RBI widens role of ARCs, raises minimum capital requirement

The Reserve Bank of India (RBI) has raised the minimum capital requirement for asset reconstruction ..

RBI modifies norms for banks to manage foreign currency exposure

RBI modifies norms for banks to manage foreign currency exposure

With the rupee weakening against the dollar, the Reserve Bank of India (RBI) tweaked guidelines for ..

IDBI Bank sale process likely to conclude by Sept

IDBI Bank sale process likely to conclude by Sept

The government expects the sale process of IDBI Bank to conclude by September next year.The financia..

Canara Bank hikes interest rates on FDs

Canara Bank hikes interest rates on FDs

Canara Bank has launched a special fixed deposit scheme for a tenure of 666 days, offering an intere..

RBI to soon launch digital rupee on pilot basis

RBI to soon launch digital rupee on pilot basis

The Reserve Bank of India on Friday said it will soon kickstart the pilot launch of e-rupee for spec..

PNB launches banking services through WhatsApp

PNB launches banking services through WhatsApp

Punjab National Bank (PNB) has made banking services available through WhatsApp to both its customer..

Prashant Kumar gets RBI nod to rule Yes Bank for 3 more years

Prashant Kumar gets RBI nod to rule Yes Bank for 3 more years

Prashant Kumar, responsible for the turnaround of Yes Bank, has got to rule for three more years to ..

Govt, LIC to sell 60.72% stake in IDBI Bank, invite bids

Govt, LIC to sell 60.72% stake in IDBI Bank, invite bids

The Indian government is looking to unload 60.72% stake in IDBI Bank and has invited expressions of ..

Why Indian rupee is sinking to new lows

Why Indian rupee is sinking to new lows

The Indian rupee depreciated 15 paise to close Friday at a record low of 82.32 against the US dollar..

PNB offers 80 bps extra on FD to super senior citizens

PNB offers 80 bps extra on FD to super senior citizens

Punjab National Bank (PNB) is offering an extra 80 basis points (bps) on fixed deposits (FDs) to sen..