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..

Former SBI DMD to head Tamilnad Mercantile Bank

Former SBI DMD to head Tamilnad Mercantile Bank

The Reserve Bank of India (RBI) has approved the appointment of Salee Sukumaran Nair as the managing..

Banking Laws (Amendment) Bill proposes significant changes

Banking Laws (Amendment) Bill proposes significant changes

The Banking Laws (Amendment) Bill, 2024, introduced today by Finance Minister Nirmala Sitharaman in ..

RBI issues new norms for wilful defaulters

RBI issues new norms for wilful defaulters

The Reserve Bank of India (RBI) has issued new norms on wilful defaulters, directing banks and NBFCs..

RBI unveils SAARC currency swap framework until 2027

RBI unveils SAARC currency swap framework until 2027

The Reserve Bank of India (RBI) has put in place a revised framework on currency swap arrangements w..

Why Canara Bank CEO feels RBI’s proposed infra loan norms will unlikely impact margins

Why Canara Bank CEO feels RBI’s proposed infra loan norms will unlikely impact margins

Canara Bank’s internal cash accruals will provide sufficient cushion in case it has to provision for..

RBI lifts ban on Bank of Baroda from adding customers via mobile app

RBI lifts ban on Bank of Baroda from adding customers via mobile app

The Reserve Bank of India (RBI) on Wednesday allowed Bank of Baroda to onboard new customers through..

HDFC Bank to stay away from deposit rate war, focus on profitability

HDFC Bank to stay away from deposit rate war, focus on profitability

HDFC Bank will not aggressively hike interest rates to attract new deposits as it has decided to kee..

Yes Bank co-founder Rana Kapoor gets bail

Yes Bank co-founder Rana Kapoor gets bail

A special court in Mumbai on April 19 granted bail to Yes Bank co-founder Rana Kapoor in the Rs 466...

Strong growth momentum gives space to focus on price stability: RBI Guv at MPC

Strong growth momentum gives space to focus on price stability: RBI Guv at MPC

The strong growth momentum and the GDP projections for 2024-25 give the RBI a policy space to unwave..

HDFC Credila raises $100 mn for loan expansion

HDFC Credila raises $100 mn for loan expansion

HDFC Credila Financial Services, an education loans-focused lender, has raised $100 million in exter..

Reaching old age pension to a Naxalite-hit family

Reaching old age pension to a Naxalite-hit family

Darkness surrounded the hills of Malkangiri as Gurubari Sisa sat on the verandah of her mud-paved hu..

HDFC Bank’s profitability versus growth balance

HDFC Bank’s profitability versus growth balance

The dilemma India’s largest private sector bank faces today is growth versus profitability even as i..

Govt appoints Bank of Maharashtra CEO as vigilance commissioner

Govt appoints Bank of Maharashtra CEO as vigilance commissioner

State-owned Bank of Maharashtra on Thursday said the government has appointed its managing director ..

We are building a bank for underserved middle-end India

We are building a bank for underserved middle-end India

Shares of Jana Small Finance Bank listed at a discount of 4% to the IPO issue price of Rs 414 but ha..