Bank of Maharashtra celebrates 87th Foundation Day

Bank of Maharashtra celebrates 87th Foundation Day

Born out of the Swadeshi movement, Bank of Maharashtra has continued to play its social role as a pu..

Banks want govt to ease pressure on Vodafone Idea

Banks want govt to ease pressure on Vodafone Idea

Banks led by State Bank of India (SBI) have called on the Indian government to give debt-laden Vodaf..

RBI cautions against fraud in name of KYC updation

RBI cautions against fraud in name of KYC updation

The Reserve Bank of India (RBI) has cautioned bank customers against frauds in the name of KYC updat..

ARCs to find space in MSME, retail assets

ARCs to find space in MSME, retail assets

Even as India’s bad bank takes shape and NARCL looks to handle big-ticket corporate loans, asset rec..

SC urges NCLT, NCLAT to adhere to IBC timelines

SC urges NCLT, NCLAT to adhere to IBC timelines

The Supreme Court has urged the insolvency courts to strictly adhere to the timelines stipulated und..

   Sanjeev Barnal is new CEO of Ujjivan Financial Services

Sanjeev Barnal is new CEO of Ujjivan Financial Services

Ujjivan Financial Services Ltd, the parent of Ujjivan Small Finance Bank, has appointed its company ..

PNB gets nod to raise Rs 6,000 cr via bonds

PNB gets nod to raise Rs 6,000 cr via bonds

Punjab National Bank’s board has approved raising up to Rs 6,000 crore by issuing bonds. The de..

RBI lifts UCO Bank out of PCA list

RBI lifts UCO Bank out of PCA list

After four years of handcuff, Kolkata-headquartered UCO Bank will have no lending restrictions as it..

Retail loans march ahead of corporate credit amid Covid-19

Retail loans march ahead of corporate credit amid Covid-19

A surge in gold loans has pushed retail advances to the top of bank credit for the first time. Loans..

Tamilnad Mercantile Bank files for IPO

Tamilnad Mercantile Bank files for IPO

Private lenderTamilnad Mercantile Bank, which has past record of governance lapses, has filed a draf..

Crypto can’t be currency, needs regulation as asset: ex-RBI deputy Guv

Crypto can’t be currency, needs regulation as asset: ex-RBI deputy Guv

Crypto should be treated and regulated as a separate asset class to enable governments to effectivel..

RBI slaps fine on 2 co-operative banks

RBI slaps fine on 2 co-operative banks

The Reserve Bank of India (RBI) has slapped a fine of Rs 50 lakh on Bombay Mercantile Co-operative B..

Federal Bank partners Visa to launch credit card

Federal Bank partners Visa to launch credit card

The card comes in three variants and is presently being offered to the bank’s existing customers. Na..

RBI fines Axis Bank for due diligence failure on a customer account

RBI fines Axis Bank for due diligence failure on a customer account

The Reserve Bank of India (RBI) has slapped a fine of Rs 25 lakh on Axis Bank for violation of certa..

Jet Airways’ rescue plan set for delay as PNB moves NCLAT

Jet Airways’ rescue plan set for delay as PNB moves NCLAT

The Jet Airways rescue plan has hit an air pocket with Punjab National Bank (PNB) alleging gros..