RBI gives 3-month extension to RBL Bank’s interim head

RBI gives 3-month extension to RBL Bank’s interim head

The Reserve Bank of India (RBI) has granted an extension of three months to RBL Bank’s interim manag..

IDFC First Bank chief gifts 5 lakh shares to deceased colleague’s kin

IDFC First Bank chief gifts 5 lakh shares to deceased colleague’s kin

IDFC First Bank managing director and CEO V Vaidyanathan has gifted 5 lakh shares of the bank held b..

PNB reports Rs 2,060 cr loan to IL&FS TN co as fraud

PNB reports Rs 2,060 cr loan to IL&FS TN co as fraud

State-run Punjab National Bank (PNB) has reported a fraud of Rs 2,060 crore in the non-performing ac..

Banks recover Rs 7.34 lakh cr over 6.5 years

Banks recover Rs 7.34 lakh cr over 6.5 years

Banks have recovered over Rs 7.34 lakh crore in the past six years and the first six months of the c..

India’s retail inflation at 8-month high

India’s retail inflation at 8-month high

India’s retail inflation surged to 6.07% in February on higher food prices. This is an eight-month h..

Paytm Payments Bank denies leaking data to Chinese firms

Paytm Payments Bank denies leaking data to Chinese firms

Paytm Payments Bank, which was banned last week by the Reserve Bank of India (RBI) from onboarding n..

RBI lifts pricing caps on microfinance loans

RBI lifts pricing caps on microfinance loans

The Reserve Bank of India (RBI) has removed pricing caps on microfinance loans given by financial in..

RBI lifts digital restrictions on HDFC Bank

RBI lifts digital restrictions on HDFC Bank

The Reserve Bank of India (RBI) has lifted the restrictions imposed on HDFC Bank which had prevented..

ICICI Bank raises Rs 8,000 cr by issuing bonds

ICICI Bank raises Rs 8,000 cr by issuing bonds

ICICI Bank has raised Rs 8,000 crore by issuing debt securities via private placement. Followin..

Yono revamp and SBI’s digital bank plan

Yono revamp and SBI’s digital bank plan

State Bank of India (SBI) is planning to launch a complete digital bank by revamping its current mob..

RBI bars Paytm from onboarding new customers

RBI bars Paytm from onboarding new customers

Reserve Bank of India (RBI) on Friday directed Paytm Payments Bank to stop taking on new customers w..

ICICI Bank to pick up 5% stake in NARCL

ICICI Bank to pick up 5% stake in NARCL

ICICI Bank will acquire 5% stake in National Asset Reconstruction Company Ltd (NARCL).On March 10, 2..

Bank credit up 7.9%, deposits rise 8.6%

Bank credit up 7.9%, deposits rise 8.6%

Bank credit grew by 7.9% to Rs 116.27 lakh crore and deposits rose by 8.6% to Rs 162.17 lakh crore i..

SBI appoints ex-Ujjivan SFB CEO as DMD

SBI appoints ex-Ujjivan SFB CEO as DMD

State Bank of India has appointed former Nitin Chugh as deputy managing director and head of digital..

PNB Housing Finance gets board nod to raise Rs 2,500 cr via rights issue

PNB Housing Finance gets board nod to raise Rs 2,500 cr via rights issue

After scrapping a Rs 4,000-crore fund-raising deal with US-based Carlyle group, PNB Housing Finance ..