Bank of Maharashtra opens milestone branch at Tirumala

Bank of Maharashtra opens milestone branch at Tirumala

Pune-headquartered Bank of Maharashtra opened its 2,000th milestone branch at the temple town of Tir..

Punjab National Bank pays tribute to Lala Lajpat Rai

Punjab National Bank pays tribute to Lala Lajpat Rai

Punjab National Bank (PNB) paid tributes to the freedom fighter Lala Lajpat Rai on his 93rd death an..

RBI tightens NPA upgradation norms for banks

RBI tightens NPA upgradation norms for banks

The Reserve Bank of India (RBI) has directed banks not to upgrade non-performing assets (NPAs) as ‘s..

HSBC explores private banking re-entry in India as super-rich grow

HSBC explores private banking re-entry in India as super-rich grow

HSBC Holdings Plc is looking to re-enter India’s private banking business as part of its strategy to..

Amazon Pay receives Rs 1,000 cr infusion from parent

Amazon Pay receives Rs 1,000 cr infusion from parent

Amazon.com Inc. has infused Rs 1,000 crore into Amazon Pay, the digital payments and financial servi..

RBI lifts ban on Diners Club to onboard new customers

RBI lifts ban on Diners Club to onboard new customers

The Reserve Bank of India (RBI) has lifted the ban imposed on Diners Club International from onboard..

Interest rates may harden as excess liquidity evaporates

Interest rates may harden as excess liquidity evaporates

Most of the banks have been recently reporting record quarterly profits but isn’t it a worry that th..

SBI Q2 net up 67% at Rs 7,627 cr

SBI Q2 net up 67% at Rs 7,627 cr

State Bank of India (SBI) reported its highest-ever quarterly profit despite a one-time loss of Rs 7..

IBA to take up former SBI chairman’s arrest with govt

IBA to take up former SBI chairman’s arrest with govt

The banking community is mobilising the Indian Banks’ Association (IBA) to take up with the governme..

Union Bank of India ups recovery target in FY22; Q2 net up 3-fold

Union Bank of India ups recovery target in FY22; Q2 net up 3-fold

Union Bank of India has upped its recovery target for the current fiscal to Rs 16,000 crore after se..

RBI revises PCA norms for banks

RBI revises PCA norms for banks

The Reserve Bank of India (RBI) has dropped profitability from the list of criteria for putting bank..

Former SBI chairman arrested in loan scam case

Former SBI chairman arrested in loan scam case

Former State Bank of India (SBI) chairman Pratip Chaudhuri  was arrested from his home in Delhi..

Punjab & Sind Bank Q2 net up at Rs 218 cr

Punjab & Sind Bank Q2 net up at Rs 218 cr

Punjab & Sind Bank continued its profit run for the third straight quarter. The public sector ba..

RBI eases current account openings for bank borrowers

RBI eases current account openings for bank borrowers

For borrowers with bank exposure of less than Rs 5 crore, there will be no restriction on the openin..

Indian Bank Q2 net up 164%, Srei slips into Rs 1,800 cr NPA

Indian Bank Q2 net up 164%, Srei slips into Rs 1,800 cr NPA

Indian Bank, which reported a 164% year-on-year jump in its standalone net profit to Rs 1,089.17 cro..