India's financial markets caught in Russia-Ukraine crossfire

India's financial markets caught in Russia-Ukraine crossfire

In early March this year, India’s benchmark indices – the Sensex and Nifty slipped to a seven-month ..

Three worries for rupee as Ukraine war deepens

Three worries for rupee as Ukraine war deepens

Three worries persist even as the Indian rupee sank to its lifetime low in early trade today, touchi..

Rupee slides to 2.5-month low amid Russia-Ukraine war

Rupee slides to 2.5-month low amid Russia-Ukraine war

With Russia continuing to pound Ukraine, the Indian rupee slumped to its lowest since 17 December.Tr..

Canara Bank raises Rs 1,000 cr via AT-1 bonds

Canara Bank raises Rs 1,000 cr via AT-1 bonds

State-run Canara Bank has raised Rs 1,000 crore in Basel III-compliant additional tier I, series III..

SBI to buy out partner Canara Bank’s stake in Russia, consolidate global biz

SBI to buy out partner Canara Bank’s stake in Russia, consolidate global biz

State Bank of India (SBI) is buying out Canara Bank’s stake in the joint venture company in Russia a..

SBI stops transactions with sanctioned Russian entities: Report

SBI stops transactions with sanctioned Russian entities: Report

State Bank of India (SBI) will not process any transactions involving Russian entities subject to in..

Loans against shares, bonds and FDs surge amid Covid stress

Loans against shares, bonds and FDs surge amid Covid stress

Declining incomes in the aftermath of Covid-19 forced many to rush to banks to pledge their shares a..

Govt to infuse capital in weak public sector banks

Govt to infuse capital in weak public sector banks

Weak public sector lenders like Central Bank of India and Punjab & Sind Bank will get the lion's..

RBI cancels registration certificate of PC Financial Services

RBI cancels registration certificate of PC Financial Services

The Reserve Bank of India (RBI) has cancelled the certificate of registration of P C Financial Servi..

Recapitalisation of banks needed as Basel IV date nears

Recapitalisation of banks needed as Basel IV date nears

The government will need to revisit its decision to reduce the budget for capitalisation of public s..

LIC looks to keep partial stake in IDBI Bank

LIC looks to keep partial stake in IDBI Bank

State-run Life Insurance Corporation (LIC), which is heading for an initial public offering (IPO), i..

Dhanlaxmi Bank Q3 net down 83% at Rs 2.3 cr

Dhanlaxmi Bank Q3 net down 83% at Rs 2.3 cr

Kerala-headquartered Dhanlaxmi Bank reported an 82.81% year-on-year drop in net profit to Rs 2.3 cro..

Federal Bank’s subsidiary files for IPO

Federal Bank’s subsidiary files for IPO

Fedbank Financial Services, a subsidiary of Federal Bank, has filed with capital markets regulator S..

Pralay Mondal is deputy MD of CSB Bank

Pralay Mondal is deputy MD of CSB Bank

CSB Bank has got the approval of Reserve Bank of India (RBI) to appoint Pralay Mondal as its deputy ..

Canara Bank, Bank of Baroda pick up stake in IDRCL

Canara Bank, Bank of Baroda pick up stake in IDRCL

Canara Bank has acquired 14.9% of India Debt Resolution Company Ltd (IDRCL) while Bank of Baroda has..