How CEOs of private banks got paid in FY24

How CEOs of private banks got paid in FY24

HDFC Bank managing director and CEO Sashidhar Jagdishan continues to be the highest paid bank chief ..

PSU banks’ compensation against fraud rises over three-fold in FY24: FM

PSU banks’ compensation against fraud rises over three-fold in FY24: FM

Public sector banks have reported over three-fold jump in compensation towards frauds or e-frauds re..

PSU banks charge Rs 2,331 cr in FY24 from depositors for low account balances

PSU banks charge Rs 2,331 cr in FY24 from depositors for low account balances

Public sector banks have charged depositors Rs 2,331 crore penalty for not maintaining monthly avera..

RBI’s balance sheet surges 11% to Rs 70. 47 lakh crore in FY24

RBI’s balance sheet surges 11% to Rs 70. 47 lakh crore in FY24

The Reserve Bank of India's balance sheet ballooned to Rs 70.47 lakh crore as on 31 March 2024, up 1..

Bank of Maharashtra tops among PSU banks in biz growth in FY24

Bank of Maharashtra tops among PSU banks in biz growth in FY24

Bank of Maharashtra has posted the highest growth rate last fiscal in terms of total business and de..

Creditors’ haircuts in bankruptcy cases rise to 73% in FY24

Creditors’ haircuts in bankruptcy cases rise to 73% in FY24

The haircuts taken by creditors in bankruptcy resolutions have increased to 73% in FY24, from  ..

FM Nirmala Sitharaman’s Interim Budget 6% higher than FY24

FM Nirmala Sitharaman’s Interim Budget 6% higher than FY24

Finance Minister Nirmala Sitharaman has presented the interim budget for 2024-25 the size of which i..

Punjab National Bank set to cross FY24 profit guidance

Punjab National Bank set to cross FY24 profit guidance

Punjab National Bank (PNB) is set to cross its net profit guidance of Rs 6,000 crore for the current..

RBI raises GDP projection to 7% in FY24

RBI raises GDP projection to 7% in FY24

Buoyant domestic demand and higher capacity utilisation in the manufacturing sector has led the Rese..

RBI retains inflation projection at 5.4% in FY24

RBI retains inflation projection at 5.4% in FY24

The Reserve Bank of India (RBI) has retained the retail inflation projection for the current fiscal ..

Union Bank of India’s strategic push in FY24

Union Bank of India’s strategic push in FY24

A focus on mobilising low-cost CASA deposits, stubborn protection of margins at 3%, reduction of non..

Federal Bank to add 100 branches in FY24 with eye on SME loans

Federal Bank to add 100 branches in FY24 with eye on SME loans

Kochi-based Federal Bank will add 100 branches this fiscal even as it increases its focus on lending..

Rate cut unlikely in FY24 as RBI revises inflation forecast

Rate cut unlikely in FY24 as RBI revises inflation forecast

The Reserve Bank of India (RBI) will most likely not go for an interest-rate cut in the current fina..

Bank of India Q1 net up 176%, eyes 12% credit growth in FY24

Bank of India Q1 net up 176%, eyes 12% credit growth in FY24

Bank of India, which saw its net profit surge 176% in the first quarter of the current fiscal, hopes..

IDFC First Bank looks to raise Rs 2,000 cr in FY24

IDFC First Bank looks to raise Rs 2,000 cr in FY24

Private lender IDFC First Bank is planning to raise Rs 2,000 crore ($243.84 million) in equity capit..