India’s retail inflation hits 7-month high, crosses RBI’s upper cap

India’s retail inflation hits 7-month high, crosses RBI’s upper cap

India’s retail inflation in January has hit a seven-month high and breached the Reserve Bank of Indi..

Union Bank of India Q3 net up 49% at Rs 1,085 cr

Union Bank of India Q3 net up 49% at Rs 1,085 cr

State-owned Union Bank of India reported a 49.3% year-on-year jump in net profit to Rs 1,085 crore f..

Bank of India Q3 net up 90% at Rs 1,027 cr

Bank of India Q3 net up 90% at Rs 1,027 cr

State-owned Bank of India reported a 90% year-on-year jump in net profit to Rs 1,027 crore for the q..

India’s GDP to expand 8-8.5% in FY23: Economic Survey

India’s GDP to expand 8-8.5% in FY23: Economic Survey

India’s GDP growth is expected to speed to 8-8.5% in FY23, according to the Economic Survey 2021-22...

Indian economy faces headwinds from Omicron, global developments: RBI Guv

Indian economy faces headwinds from Omicron, global developments: RBI Guv

The Indian economy faces headwinds from global developments and the Omicron variant of Covid-19, the..

No prior RBI nod needed for NRIs, OCIs to buy or sell immovable properties in India

No prior RBI nod needed for NRIs, OCIs to buy or sell immovable properties in India

Non-resident Indians (NRIs) and overseas citizens of India (OCIs) do not require the Reserve Bank of..

IOB, Central Bank of India shares surge amid divestment buzz

IOB, Central Bank of India shares surge amid divestment buzz

The names of Indian Overseas Bank (IOB) and Central Bank of India have cropped up again as targets f..

Union Bank of India wins new laurels

Union Bank of India wins new laurels

Union Bank of India has won new laurels, ranking third amongst 12 public sector banks (PSBs) in EASE..

HSBC explores private banking re-entry in India as super-rich grow

HSBC explores private banking re-entry in India as super-rich grow

HSBC Holdings Plc is looking to re-enter India’s private banking business as part of its strategy to..

Union Bank of India ups recovery target in FY22; Q2 net up 3-fold

Union Bank of India ups recovery target in FY22; Q2 net up 3-fold

Union Bank of India has upped its recovery target for the current fiscal to Rs 16,000 crore after se..

Indian Bank Q2 net up 164%, Srei slips into Rs 1,800 cr NPA

Indian Bank Q2 net up 164%, Srei slips into Rs 1,800 cr NPA

Indian Bank, which reported a 164% year-on-year jump in its standalone net profit to Rs 1,089.17 cro..

Indian Overseas Bank Q2 net up at Rs 376 cr

Indian Overseas Bank Q2 net up at Rs 376 cr

State-run Indian Overseas Bank (IOB), which came out of the RBI’s prompt corrective action (PCA), ha..

Central Bank of India Q2 net up 55% at Rs 250 cr

Central Bank of India Q2 net up 55% at Rs 250 cr

State-owned Central Bank of India reported an over 55% jump in net profit to Rs 250 crore for the qu..

Rajneesh Karnatak joins Union Bank of India as ED

Rajneesh Karnatak joins Union Bank of India as ED

Rajneesh Karnatak has joined Union Bank of India as executive director. He comes with a banking expe..

RBI lifts Indian Overseas Bank out of PCA curbs

RBI lifts Indian Overseas Bank out of PCA curbs

The Reserve Bank of India (RBI) has pulled Indian Overseas Bank (IOB) out of the prompt corrective a..