RBI sets up panel to review customer service  norms in banks, NBFCs

RBI sets up panel to review customer service norms in banks, NBFCs

The Reserve Bank of India (RBI) has set up a committee to evaluate the efficacy, adequacy and qualit..

PNB earns Rs 645 cr via ATM transaction charges in FY22

PNB earns Rs 645 cr via ATM transaction charges in FY22

State-owned Punjab National Bank (PNB) has earned over Rs 645 crore through ATM transaction charges ..

RBI Governor hints at rate hike in next policy

RBI Governor hints at rate hike in next policy

The Reserve Bank of India (RBI) is looking at another rate hike in early June to bring down inflatio..

RBI to pay to govt dividend of Rs 30,307 cr for FY22

RBI to pay to govt dividend of Rs 30,307 cr for FY22

The Reserve Bank of India (RBI) has approved a dividend payment of Rs 30,307 crore to the government..

IDBI Bank to exit insurance JV, Ageas up stake to 74%

IDBI Bank to exit insurance JV, Ageas up stake to 74%

IDBI Bank, which has been identified by the government for divestment, is in the process of exiting ..

Waiting till June may have meant stronger rate action: RBI Guv

Waiting till June may have meant stronger rate action: RBI Guv

As several storms hit together and the war in Ukraine showed no signs of abating, the wait till June..

In MPC meet, Jayant Varma bats for 100-bp rate hike ‘soon’

In MPC meet, Jayant Varma bats for 100-bp rate hike ‘soon’

Even as the Reserve Bank of India (RBI) is expected to carry out a series of rate hikes during the c..

IDBI Bank sells entire 19% stake in ARCIL

IDBI Bank sells entire 19% stake in ARCIL

IDBI Bank has divested its entire stake of 19.18% in ARCIL to Avenue India Resurgence Pte. Ltd for a..

Sachin Bansal, 5 others fail to get RBI nod for bank licence

Sachin Bansal, 5 others fail to get RBI nod for bank licence

Reserve Bank of India (RBI) has rejected applications for on-tap licences of six firms, including th..

India’s arduous march from easy to hard money

India’s arduous march from easy to hard money

The Reserve Bank of India (RBI) allowed cheap money to continue for long. It didn’t matter that Indi..

SBI latest bank to hike lending rate

SBI latest bank to hike lending rate

State Bank of India (SBI) is the latest to join a long list of banks who have lifted their lending r..

Bank of Baroda flip-flops on interest rate hikes

Bank of Baroda flip-flops on interest rate hikes

Bank of Baroda flip-flopped on lending rates, giving up its  policy of bringing down home loan ..

Tough ride for rupee this year

Tough ride for rupee this year

This week, the Indian rupee touched an all-time low of 77.63 against the US dollar, and expectedly, ..

 SBI posts record quarterly profit, eyes double-digit credit growth in FY23

SBI posts record quarterly profit, eyes double-digit credit growth in FY23

State Bank of India (SBI), which reported its highest ever quarterly profit, is looking to grow its ..

Bank of Baroda Q4 net at Rs 1,779 crore

Bank of Baroda Q4 net at Rs 1,779 crore

Bank of Baroda reported a net profit of Rs 1,779 crore in the fiscal fourth quarter ended March 2022..