NPAs on Mudra loans fall significantly: Finance Minister

NPAs on Mudra loans fall significantly: Finance Minister

Non-performing assets (NPAs) on Mudra loans have seen a significant fall in both public and private ..

SBI’s net profit in 4 years is higher than previous 64, says Chairman Khara

SBI’s net profit in 4 years is higher than previous 64, says Chairman Khara

State Bank India's net profit for the past four years has been higher than the cumulative profit ear..

Customers of several co-operative, regional rural banks affected due to ransomware attack

Customers of several co-operative, regional rural banks affected due to ransomware attack

Customers of several co-operative banks and regional rural banks (RRBs) across the country were not ..

RBI issues norms to boost payment systems’ safety

RBI issues norms to boost payment systems’ safety

The Reserve Bank of India (RBI) today said non-bank payment system operators (PSOs) will have to put..

Govt rakes in Rs 98,681 cr from long-term capital gains on listed equities

Govt rakes in Rs 98,681 cr from long-term capital gains on listed equities

The government has mopped up Rs 98,681 crore from long term capital gains tax on listed equities in ..

RBI issues new norms for wilful defaulters

RBI issues new norms for wilful defaulters

The Reserve Bank of India (RBI) has issued new norms on wilful defaulters, directing banks and NBFCs..

Indian Bank aims to recover Rs 7,000 cr of bad loans in FY25, raise Rs 5,000 cr

Indian Bank aims to recover Rs 7,000 cr of bad loans in FY25, raise Rs 5,000 cr

Chennai-headquartered Indian Bank plans to recover about Rs 7,000 crore of bad loans in the current ..

PSU banks charge Rs 2,331 cr in FY24 from depositors for low account balances

PSU banks charge Rs 2,331 cr in FY24 from depositors for low account balances

Public sector banks have charged depositors Rs 2,331 crore penalty for not maintaining monthly avera..

PNB’s journey under Goel to highest-ever quarter profit

PNB’s journey under Goel to highest-ever quarter profit

Punjab National Bank (PNB) has come a long way from the days of the Nirav Modi scam to reporting its..

Canara Bank Q1 net up 10.5%, asset quality improves

Canara Bank Q1 net up 10.5%, asset quality improves

Canara Bank’s net profit grew 10.5% year-on-year to Rs 3,905 crore for the quarter ended 30 June on ..

Canara Bank sets ball rolling on listing of two subsidiaries

Canara Bank sets ball rolling on listing of two subsidiaries

Canara Bank has set the ball rolling for stake sale in its life insurance and mutual fund subsidiari..

India needs to generate nearly 80 lakh jobs annually: Economic Survey

India needs to generate nearly 80 lakh jobs annually: Economic Survey

The Indian economy needs to generate nearly 78.5 lakh jobs annually until 2030 in the non-farm secto..

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..