Union Bank Q4 net up 8.3% at Rs 1,440 cr

Union Bank Q4 net up 8.3% at Rs 1,440 cr

State-run Union Bank of India reported an 8.3% year-on-year rise in net profit to Rs 1,440 crore for..

Banks can invoke personal guarantees in IBC cases: SC

Banks can invoke personal guarantees in IBC cases: SC

The Supreme Court has allowed lenders to proceed against promoters, directors and chairman of the co..

Inflation hits 8-year high, RBI set to hike repo  rate

Inflation hits 8-year high, RBI set to hike repo rate

The inflation wolf has grown in size, making it almost certain that the Reserve Bank of India (RBI) ..

PNB CEO speaks on rising rates, bad loans and NARCL

PNB CEO speaks on rising rates, bad loans and NARCL

Punjab National Bank (PNB) will reprice its lending and deposit rates, lower non-performing loans, e..

PNB Q4 net dips 66% to Rs 202 cr

PNB Q4 net dips 66% to Rs 202 cr

Punjab National Bank’s (PNB) standalone net profit dropped 66% year-on-year to Rs 202 crore for the ..

SBI hikes bulk deposit rates

SBI hikes bulk deposit rates

After nearly a decade, State Bank of India (SBI) has upped the ante to contract bulk term deposits o..

SBI to raise $2 bn via bonds in FY23

SBI to raise $2 bn via bonds in FY23

The board of State Bank of India (SBI) on Tuesday approved raising up to $2 billion via overseas bon..

Rupee sinks to all-time low amid Fed rate hike

Rupee sinks to all-time low amid Fed rate hike

The rupee sank to an all-time low of 77.58 against the US dollar amid flight of foreign investors fr..

CSB Q4 net jumps 3-fold, plans branch network expansion

CSB Q4 net jumps 3-fold, plans branch network expansion

Fairfax-controlled CSB Bank is planning to expand its branch network by 25% every year as it seeks t..

Federal Bank Q4 net up13% at Rs 541 cr

Federal Bank Q4 net up13% at Rs 541 cr

Federal Bank is targeting a credit growth of 15% for the current financial year in a rising interest..

Banks start hiking lending and deposit rates

Banks start hiking lending and deposit rates

Home, car and corporate loans have become costlier with banks raising both their MCLR (marginal cost..

Canara Bank announces dividend as FY22 net doubles

Canara Bank announces dividend as FY22 net doubles

Canara Bank announced dividend of Rs 6.50 per share as net profit in FY22 more than doubled to Rs 5,..

Canara Bank plans to float credit card arm, rope in partner

Canara Bank plans to float credit card arm, rope in partner

State-run Canara Bank is planning to float a credit card subsidiary and is looking to rope in a part..

Inflation and RBI’s roadmap for interest rate hikes

Inflation and RBI’s roadmap for interest rate hikes

The long spell of ultra-low interest rates is over. The Reserve Bank of India (RBI) will have to car..

An afternoon address that shook the markets

An afternoon address that shook the markets

Even as RBI Governor Shaktikanta Das announced in the afternoon of May 4 a sharp hike in repo rate a..