Suryoday Small Finance Bank raises Rs 170 cr via anchor investors

Suryoday Small Finance Bank raises Rs 170 cr via anchor investors

Mumbai-based Suryoday Small Finance Bank has raised Rs 170 crore from 13 anchor investors at Rs 305 ..

2021 may be India's IPO year as unicorns drive India into new era: RBI

2021 may be India's IPO year as unicorns drive India into new era: RBI

Homegrown unicorns will lead the country into a new era of growth in the financial markets and the y..

Inflation to stay within projected levels: RBI

Inflation to stay within projected levels: RBI

The Reserve Bank of India (RBI) may continue to hold rates as it leans towards growth while keeping ..

PNB to sell KSK Mahanadi Power loan of Rs 1,719.85 cr to ARCs

PNB to sell KSK Mahanadi Power loan of Rs 1,719.85 cr to ARCs

State-owned Punjab National Bank (PNB) will sell its loan exposure of Rs 1,719.85 crore in KSK Mahan..

Canara Bank launches QIP to raise Rs 2,500 cr

Canara Bank launches QIP to raise Rs 2,500 cr

State-owned Canara Bank on 17 August opened its QIP to raise up to Rs 2,500 crore and set the floor ..

RBI launches financial inclusion index

RBI launches financial inclusion index

The Reserve Bank of India (RBI) has introduced an index to measure financial inclusion in the countr..

HDFC Bank can sell new credit cards as RBI lifts ban

HDFC Bank can sell new credit cards as RBI lifts ban

HDFC Bank will resume issuance of new credit cards as the Reserve Bank of India (RBI) has lifted the..

Small finance banks showing healthy profitability: RBI paper

Small finance banks showing healthy profitability: RBI paper

Small finance banks (SFB), which started in 2017 as a new category of banks, are serving the intende..

RBI resuscitates NBFCs through LTROs

RBI resuscitates NBFCs through LTROs

The Reserve Bank of India’s long-term repo operations (LTRO) helped resuscitate the non-banking fina..

WPI inflation eases to 11.16% in July

WPI inflation eases to 11.16% in July

India's wholesale price-based inflation cooled for the second consecutive month to 11.16% in July as..

Central Bank of India plans aqua financing in coastal branches

Central Bank of India plans aqua financing in coastal branches

Central Bank of India identifies 350 branches in coastal areas to cater to aqua loans in rural areas..

SBI looks to grow gold loan book to Rs 1 lakh cr in a year

SBI looks to grow gold loan book to Rs 1 lakh cr in a year

State Bank of India, the country’s largest lender with an asset size of over Rs 25 lakh crore, is lo..

RBI cancels licence of a Maharashtra bank

RBI cancels licence of a Maharashtra bank

The Reserve Bank of India (RBI) has cancelled the licence of Karnala Nagari Sahakari Bank, Panvel in..

Industrial output up 13.6% in June

Industrial output up 13.6% in June

India’s industrial output eased to 13.6% in June as against a 16.6% contraction a year ago during wh..

India's retail inflation cools to 3-month low in July

India's retail inflation cools to 3-month low in July

India's retail inflation has eased to a three-month low of 5.59% in July mainly due to moderation in..