Despite hiccups in Q2, IDFC First Bank’s 5-year goals on track

Despite hiccups in Q2, IDFC First Bank’s 5-year goals on track

Despite a strong continuity in deposit and loan growth in the September quarter, there is one part o..

SBI hikes lending rates under MCLR

SBI hikes lending rates under MCLR

State Bank of India has announced a 0.05% increase in the marginal cost of fund-based lending rate (..

SBI, HDFC Bank, ICICI Bank remain in RBI’s ‘too-big-to-fail’ list

SBI, HDFC Bank, ICICI Bank remain in RBI’s ‘too-big-to-fail’ list

State Bank of India, HDFC Bank and ICICI Bank remain named as domestic systemically important banks ..

Inflation hits 14-month high, dashes hope of early rate cut

Inflation hits 14-month high, dashes hope of early rate cut

Retail inflation soared to a 14-month high of 6.21% in October, breaching the Reserve Bank of India’..

RBI cancels licence of Vijayawada-based co-operative bank

RBI cancels licence of Vijayawada-based co-operative bank

The Reserve Bank of India has cancelled the licence of Vijayawada-based Durga Co-operative Urban Ban..

Public sector banks post strong growth in first half of FY25

Public sector banks post strong growth in first half of FY25

The finance ministry on Tuesday said public sector banks (PSBs) have put up a strong performance in ..

MTNL defaults on Rs 5,726.29 cr loans, Union Bank biggest exposure

MTNL defaults on Rs 5,726.29 cr loans, Union Bank biggest exposure

State-owned MTNL has defaulted on a total payment of Rs 5,726.29 crore, comprising a principal amoun..

RBI issues rules for reclassification of FPI to FDI

RBI issues rules for reclassification of FPI to FDI

The Reserve Bank of India has issued an operational framework to allow foreign portfolio investors (..

SBI chairman Setty on deposits, rate war, loan growth

SBI chairman Setty on deposits, rate war, loan growth

State Bank of India (SBI) has cut its deposit growth forecast for the current fiscal but retained th..

SBI Q2 net up 28% at Rs 18,331 cr amid higher non-interest income

SBI Q2 net up 28% at Rs 18,331 cr amid higher non-interest income

State Bank of India has reported a 28% year-on-year rise in net profit to Rs 18,331 crore for the qu..

RBI fines South Indian Bank

RBI fines South Indian Bank

The Reserve Bank of India has slapped a penalty of Rs 59.20 lakh on South Indian Bank for non-compli..

Canara Bank Q2 net up 11% at Rs 4,015 cr

Canara Bank Q2 net up 11% at Rs 4,015 cr

Canara Bank posted an 11.32% increase in its standalone net profit for the September quarter to Rs 4..

PNB Q2 net up 145%, biz crosses Rs 25 trillion for first time

PNB Q2 net up 145%, biz crosses Rs 25 trillion for first time

Punjab National Bank has crossed Rs 25 trillion in business for the first time and reported a 145% j..

Ashok Chandra to be new MD & CEO of PNB

Ashok Chandra to be new MD & CEO of PNB

Ashok Chandra will replace Atul Kumar Goel as the managing director and CEO of Punjab National Bank...

IDFC First Bank Q2 net falls 73% amid rise in provisions

IDFC First Bank Q2 net falls 73% amid rise in provisions

IDFC First Bank reported a 73% year-on-year fall in standalone net profit to Rs 201 crore for the qu..