Canara Bank launches QIP to raise Rs 2,500 cr

Canara Bank launches QIP to raise Rs 2,500 cr

State-owned Canara Bank on 17 August opened its QIP to raise up to Rs 2,500 crore and set the floor ..

PM Modi launches digital payment solution e-RUPI

PM Modi launches digital payment solution e-RUPI

Prime Minister Narendra Modi on Monday launched e-RUPI, an electronic voucher-based digital payment ..

SBI waives processing fees on home loans till 31 Aug

SBI waives processing fees on home loans till 31 Aug

State Bank of India (SBI) has waived the processing fees on home loans till 31 August.Currently, the..

SBI launches biz loan for healthcare sector amid Covid-19

SBI launches biz loan for healthcare sector amid Covid-19

State Bank of India (SBI) has launched a new business loan scheme named 'Aarogyam Loan' for the heal..

RBI cautions on bad loans surge and MSME stress

RBI cautions on bad loans surge and MSME stress

Bad loans could swell to 11.22% of the advances under a severe stress scenario, the Reserve Bank of ..

RBI cautions on bad loans surge and MSME stress

RBI cautions on bad loans surge and MSME stress

Bad loans could swell to 11.22% of the advances under a severe stress scenario, the Reserve Bank of ..

Wilful defaults fall marginally in Covid-hit FY21: TransUnion CIBIL

Wilful defaults fall marginally in Covid-hit FY21: TransUnion CIBIL

The pandemic year saw a marginal fall in the number of cases marked as wilful defaulters by banks, w..

Wilful defaults fall marginally in Covid-hit FY21: TransUnion CIBIL

Wilful defaults fall marginally in Covid-hit FY21: TransUnion CIBIL

The pandemic year saw a marginal fall in the number of cases marked as wilful defaulters by banks, w..

ED recoups Rs 9,371 cr for banks in Mallya, Nirav Modi and Choksi fraud cases

ED recoups Rs 9,371 cr for banks in Mallya, Nirav Modi and Choksi fraud cases

Seized assets of fugitive businessmen Vijay Mallya, Nirav Modi and Mehul Choksi worth Rs 9,371.17 cr..

Bank of Baroda launches WhatsApp banking service

Bank of Baroda launches WhatsApp banking service

Bank of Baroda has launched its banking services on WhatsApp. The services on the messaging app incl..

HDFC Bank to refund GPS device commission to auto loan borrowers

HDFC Bank to refund GPS device commission to auto loan borrowers

HDFC Bank said Thursday it will refund the “GPS device commission” charged to auto loan borrowers fo..

Punjab & Sind Bank offers lowest floating auto loan rate

Punjab & Sind Bank offers lowest floating auto loan rate

State-owned Punjab & Sind Bank has the lowest floating car loan rate in the market at 7.10%.The ..

RBI fines HDFC over auto loan violations

RBI fines HDFC over auto loan violations

The Reserve Bank of India (RBI) has imposed a penalty of Rs 10 crore on HDFC Bank for bundling a non..

Bank frauds 25% less in a year amidst Covid-19: RBI

Bank frauds 25% less in a year amidst Covid-19: RBI

Bank frauds in the Covid-19 pandemic year fell by 25% in value terms to Rs 1.38 lakh crore, accordin..

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..