Paytm gets RBI nod to function as scheduled payments bank

Paytm gets RBI nod to function as scheduled payments bank

Payments Bank Limited (PPBL), a unit of leading digital payments firm Paytm, has got the Reserve Ban..

Reliance Capital lands in bankruptcy court

Reliance Capital lands in bankruptcy court

Anil Ambani-promoted Reliance Capital has gone into the bankruptcy court. The National Company Law T..

Madras HC stays earlier winding up order, says SpiceJet

Madras HC stays earlier winding up order, says SpiceJet

The Madras High Court has stayed its earlier order of winding up SpiceJet and appointment of officia..

SBI’s massive bad-loan cleanup paved way for record profits

SBI’s massive bad-loan cleanup paved way for record profits

The State Bank of India’s string of record quarterly profits has come after a massive clean-up of ba..

LIC gets RBI nod to up stake in Kotak Mahindra Bank

LIC gets RBI nod to up stake in Kotak Mahindra Bank

The Reserve Bank of India (RBI) has allowed Life Insurance Corporation of India (LIC) to increase it..

RBI sets up panel to assist Reliance Capital administrator

RBI sets up panel to assist Reliance Capital administrator

A day after superseding the board of directors of Reliance Capital, the Reserve Bank of India (RBI) ..

RBI silent on corporate entry into banking

RBI silent on corporate entry into banking

The Reserve Bank of India (RBI) is yet to take a view on the entry of corporates into the banking sp..

RBI supersedes Reliance Capital board amid defaults, governance concerns

RBI supersedes Reliance Capital board amid defaults, governance concerns

Another Anil Ambani-controlled company has tumbled down. The Reserve Bank of India (RBI) on Monday s..

IOB, Central Bank of India shares surge amid divestment buzz

IOB, Central Bank of India shares surge amid divestment buzz

The names of Indian Overseas Bank (IOB) and Central Bank of India have cropped up again as targets f..

SBI dual lists $650-mn green bonds

SBI dual lists $650-mn green bonds

State Bank of India (SBI) has listed its $650-million green bonds simultaneously on the India Intern..

PNB denies data breach charges in four-point clarification note

PNB denies data breach charges in four-point clarification note

Setting to rest the concerns of about 180 million customers, Punjab National Bank (PNB) has said tha..

ICICI Bank launches online platform for importers, exporters

ICICI Bank launches online platform for importers, exporters

ICICI Bank has launched Trade Emerge, an online platform to offer digital banking and value-added se..

Server glitch but no sensitive customer info exposed: PNB

Server glitch but no sensitive customer info exposed: PNB

Punjab National Bank (PNB) has admitted that its servers had a glitch but denied allegations that th..

RBI unveils draft scheme for PMC Bank; depositors to get full amount over 10 years

RBI unveils draft scheme for PMC Bank; depositors to get full amount over 10 years

PMC Bank depositors of above Rs 5 lakh will get back their full amount but over a period of 10 years..

Union Bank of India wins new laurels

Union Bank of India wins new laurels

Union Bank of India has won new laurels, ranking third amongst 12 public sector banks (PSBs) in EASE..