RBI’s project finance proposals: SBI may raise rates on infra loans

RBI’s project finance proposals: SBI may raise rates on infra loans

State Bank of India (SBI), the country’s largest lender, may reprice infrastructure loans upwards if..

RBI lifts ban on Bank of Baroda from adding customers via mobile app

RBI lifts ban on Bank of Baroda from adding customers via mobile app

The Reserve Bank of India (RBI) on Wednesday allowed Bank of Baroda to onboard new customers through..

Canara Bank Q4 net up 18.4%, announces dividend

Canara Bank Q4 net up 18.4%, announces dividend

Canara Bank reported an 18.4% rise in net profit at Rs 3,757.23 crore for the quarter ended March 20..

Indian Bank CEO speaks on growth targets in FY25

Indian Bank CEO speaks on growth targets in FY25

Indian Bank managing director and CEO Shanti Lal Jain has set stiff targets on recovery, loan growth..

Household savings see sharp dip

Household savings see sharp dip

Net household savings fell sharply by Rs 9 lakh crore to Rs 14.16 lakh crore in three years to 2022-..

IOB to sell 92 NPA accounts worth Rs 13,472 cr

IOB to sell 92 NPA accounts worth Rs 13,472 cr

Indian Overseas Bank (IOB) will sell 92 non-performing loans amounting to Rs 13,471.68 crore through..

Kotak Mahindra Bank Q4 net up 18% at Rs 4,133 cr

Kotak Mahindra Bank Q4 net up 18% at Rs 4,133 cr

Kotak Mahindra Bank reported a standalone net profit of Rs 4,133 crore for the quarter ended March 2..

Former SBI veteran to head Ujjivan SFB

Former SBI veteran to head Ujjivan SFB

The Reserve Bank of India (RBI) has approved the appointment of Sanjeev Nautiyal as the managing dir..

Kotak Mahindra Bank’s CEO worried more about reputational than financial impact of RBI’s directive

Kotak Mahindra Bank’s CEO worried more about reputational than financial impact of RBI’s directive

The business restrictions imposed by the Reserve Bank of India (RBI) will have a “relatively small” ..

RBI proposes tighter rules for project finance

RBI proposes tighter rules for project finance

The Reserve Bank of India (RBI) has proposed tighter rules to govern lending to projects under imple..

RBI lifts restrictions on Bajaj Finance after six months

RBI lifts restrictions on Bajaj Finance after six months

The Reserve Bank of India (RBI) has lifted restrictions on Bajaj Finance on sanctioning and disbursa..

Federal Bank to soon send names to RBI for CEO post; Q4 net flat

Federal Bank to soon send names to RBI for CEO post; Q4 net flat

Private lender Federal Bank will soon send the names of potential candidates for the post of managin..

97.76% of Rs 2,000 currency notes returned, says RBI

97.76% of Rs 2,000 currency notes returned, says RBI

The Reserve Bank of India (RBI) on Thursday said 97.76% of the Rs 2,000 denomination banknotes have ..

Bank credit to industry up, personal loans moderate

Bank credit to industry up, personal loans moderate

Bank credit to industry rose 8.5% in March 2024 compared to 5.6% a year ago while personal loans saw..

Kotak Mahindra Bank’s Joint MD Manian quits after 29-year stint

Kotak Mahindra Bank’s Joint MD Manian quits after 29-year stint

Kotak Mahindra Bank has reported the second bad news in barely a week’s time. Soon after the Reserve..