RBI’s rate cut conundrum

RBI’s rate cut conundrum

The Reserve Bank of India (RBI) is set to chart a course different from the US Federal Reserve as it..

RBI lifts ban on IIFL Finance’s gold loan biz

RBI lifts ban on IIFL Finance’s gold loan biz

The Reserve Bank of India (RBI) has lifted restrictions on IIFL Finance’s gold loan business.The ban..

RBI approves re-appointment of Vaidyanathan as IDFC First Bank MD & CEO

RBI approves re-appointment of Vaidyanathan as IDFC First Bank MD & CEO

The Reserve Bank of India (RBI) has approved the re-appointment of V Vaidyanathan as the managing di..

SBI sanctions Rs 10,050-cr project loan to DVC

SBI sanctions Rs 10,050-cr project loan to DVC

State Bank of India, the country's largest lender, has sanctioned a project loan of Rs 10,050 crore ..

Yes Bank stake sale hits regulatory wall as RBI against 51% purchase

Yes Bank stake sale hits regulatory wall as RBI against 51% purchase

Yes Bank’s stake sale has hit a regulatory wall as the Reserve Bank of India (RBI) is not in favour ..

HDFC Bank in talks with global banks to sell $1 bn in loans

HDFC Bank in talks with global banks to sell $1 bn in loans

HDFC Bank, India’s largest private sector lender, is in talks with several global banks to offload n..

Here’s why RBI penalises two leading private sector banks

Here’s why RBI penalises two leading private sector banks

The Reserve Bank of India (RBI) has imposed penalties totalling Rs 2.91 crore on Axis Bank and HDFC ..

PNB credit card rolls out offers for Zomato, Blinkit users

PNB credit card rolls out offers for Zomato, Blinkit users

Punjab National Bank (PNB) has tied up with Zomato and Blinkit to offer exclusive discounts to their..

Sanjeev Mehta quits Standard Chartered Bank

Sanjeev Mehta quits Standard Chartered Bank

Sanjeev Mehta has stepped down as Standard Chartered Bank's managing director and head of transactio..

RBI penalises Housing and Urban Development Corporation

RBI penalises Housing and Urban Development Corporation

The Reserve Bank of India (RBI) has slapped penalties on three entities, including Housing and Urban..

Karnataka govt withdraws boycott circular as SBI, PNB repay Rs 23 crore

Karnataka govt withdraws boycott circular as SBI, PNB repay Rs 23 crore

The Karnataka government has withdrawn its boycott of the State Bank of India (SBI) and Punjab Natio..

SBI to shift to cash-flow based lending to MSMEs: Chairman

SBI to shift to cash-flow based lending to MSMEs: Chairman

State Bank of India is planning to shift from collaterals to cash flow-based lending for all loans t..

AU SFB seeks RBI nod to become universal bank

AU SFB seeks RBI nod to become universal bank

Jaipur-based AU Small Finance Bank has submitted an application to the Reserve Bank of India (RBI) t..

FSIB backs Rama Mohan Rao Amara for SBI MD post

FSIB backs Rama Mohan Rao Amara for SBI MD post

Rama Mohan Rao Amara is set to be elevated to the position of managing director of State Bank of Ind..

IBA to seek easing of RBI’s proposed norms for retail deposits

IBA to seek easing of RBI’s proposed norms for retail deposits

The Indian Banks’ Association (IBA) is likely to ask the central bank to reduce the amount of additi..