Sale of two PSU banks deferred to next fiscal

Sale of two PSU banks deferred to next fiscal

The government may defer the sale of two public sector banks to next financial year as the procedura..

Canara Bank Q1 net nearly triples to Rs 1,177 cr

Canara Bank Q1 net nearly triples to Rs 1,177 cr

Canara Bank reported a nearly three-fold jump in its fiscal first quarter net profit to Rs 1,177 cro..

PM Modi launches digital payment solution e-RUPI

PM Modi launches digital payment solution e-RUPI

Prime Minister Narendra Modi on Monday launched e-RUPI, an electronic voucher-based digital payment ..

HDFC Q1 net down 1.69% at Rs 3,001 cr

HDFC Q1 net down 1.69% at Rs 3,001 cr

Housing Development Finance Corporation (HDFC) reported a 1.69% drop in its standalone net profit fo..

RBL Bank slips into net loss in Q1

RBL Bank slips into net loss in Q1

RBL Bank reported a net loss of Rs 459.47 crore for the June quarter as against a net profit of Rs 1..

Dhoot moves NCLAT against Anil Agarwal’s Videocon takeover bid

Dhoot moves NCLAT against Anil Agarwal’s Videocon takeover bid

Former Videocon promoter Venugopal Dhoot has moved the NCLAT challenging the insolvency tribunal’s o..

SBI waives processing fees on home loans till 31 Aug

SBI waives processing fees on home loans till 31 Aug

State Bank of India (SBI) has waived the processing fees on home loans till 31 August.Currently, the..

Axis Bank, AWS tie up: New bank a/c in 6 mins!

Axis Bank, AWS tie up: New bank a/c in 6 mins!

In a bid to meet the growing demand for its digital banking services, Axis Bank has inked a multi-ye..

Union Bank of India recasts Rs 15,632 cr of loans; home loans lead retail stress

Union Bank of India recasts Rs 15,632 cr of loans; home loans lead retail stress

Retail loans have come to haunt banks in the backdrop of the second wave of the coronavirus pandemic..

IDBI Bank plans to cut NPAs to 15%, grow loan book

IDBI Bank plans to cut NPAs to 15%, grow loan book

IDBI Bank is planning to transfer Rs 11,000-12,000 crore of bad loans to the National Asset Reconstr..

Punjab & Sind Bank Q1 net at Rs 174 cr, asset quality improves

Punjab & Sind Bank Q1 net at Rs 174 cr, asset quality improves

Punjab & Sind Bank is one of the few banks to report steady growth both on its retail and corpor..

Depositors can withdraw Rs 5 lakh in 90 days if bank under moratorium

Depositors can withdraw Rs 5 lakh in 90 days if bank under moratorium

Depositors of a bank under moratorium will now get timely support as the government has approved an ..

Amazon Pay ICICI Bank credit card nets mn users

Amazon Pay ICICI Bank credit card nets mn users

ICICI Bank and Amazon Pay have issued two million ‘Amazon Pay ICICI Bank' credit cards since its lau..

IDBI Bank to offload entire stake in ARCIL

IDBI Bank to offload entire stake in ARCIL

IDBI Bank will offload its entire 19.18% stake in Asset Reconstruction Company (India) Limited (ARCI..

RBI bans Mastercard from adding new customers

RBI bans Mastercard from adding new customers

The Reserve Bank of India (RBI) has indefinitely barred Mastercard from issuing new debit, credit or..