RBI names DHFL administrator as RBL Bank CEO

RBI names DHFL administrator as RBL Bank CEO

The Reserve Bank of India (RBI) has approved the appointment of R Subramaniakumar as the managing di..

HDFC Bank’s advances cross Rs 3 lakh cr in Maharashtra

HDFC Bank’s advances cross Rs 3 lakh cr in Maharashtra

HDFC Bank’s total advances in Maharashtra have crossed Rs 3 Lakh crore, the private lender said.&nbs..

Yes Bank set to exit rescue plan, form new board

Yes Bank set to exit rescue plan, form new board

The turnaround story executed, Yes Bank is in the process of forming an alternate board more than tw..

RBI allows credit card linking with UPI, RuPay gets first to bat

RBI allows credit card linking with UPI, RuPay gets first to bat

The Reserve Bank of India (RBI) has allowed linking of RuPay credit cards to the UPI network, settin..

No OTP required for auto-debit transactions of up to Rs 15,000

No OTP required for auto-debit transactions of up to Rs 15,000

For auto-transactions up to Rs 15,000, customers will not have to authenticate such payments through..

Lending rates rise, HDFC hikes retail prime lending rate by 50 basis points

Lending rates rise, HDFC hikes retail prime lending rate by 50 basis points

Lending rates are on a swift rise, much ahead of the upward movement of deposits. Housing Developmen..

SBI reshuffles top deck, Alok is new MD

SBI reshuffles top deck, Alok is new MD

State Bank of India (SBI) chairman Dinesh Khara has reshuffled the top deck even as Alok Kumar Choud..

RBI raises repo rate by 50 bps, inflation forecast to 6.7%

RBI raises repo rate by 50 bps, inflation forecast to 6.7%

Continuing its fight against rising inflation, the Reserve bank of India (RBI) has increased the rep..

RBI raises housing loan limits for co-operative banks

RBI raises housing loan limits for co-operative banks

The Reserve Bank of India (RBI) has raised the limits on individual housing loans extended by co-ope..

SBI chairman Dinesh Khara takes home Rs 34.42 lakh in FY22

SBI chairman Dinesh Khara takes home Rs 34.42 lakh in FY22

State Bank of India (SBI) chairman Dinesh Khara took home Rs 34.42 lakh as annual salary for the fin..

RBI dismisses rumours about Tagore, Kalam replacing Gandhi on banknotes

RBI dismisses rumours about Tagore, Kalam replacing Gandhi on banknotes

The Reserve Bank of India (RBI) has clarified that there is no proposal to replace the face of Mahat..

Tamilnad Mercantile Bank gets Sebi nod for IPO

Tamilnad Mercantile Bank gets Sebi nod for IPO

Private sector lender Tamilnad Mercantile Bank, which is 100 years old, has got Sebi nod to raise fu..

RBI issues provisioning norms for large NBFCs

RBI issues provisioning norms for large NBFCs

Large non-banking finance companies (NBFCs) will have to maintain provisions for standard assets in ..

Manimekhalai becomes first woman CEO of Union Bank; govt names 2 more heads of PSBs

Manimekhalai becomes first woman CEO of Union Bank; govt names 2 more heads of PSBs

Mumbai-based Union Bank of India will have a woman boss for the first time. A Manimekhalai, executiv..

Govt's ONDC in talks with banks, others to push e-commerce project

Govt's ONDC in talks with banks, others to push e-commerce project

India’s bigger banks are in discussions with the Open Network for Digital Commerce (ONDC), which the..