RBI grants in-principle nod to Centrum to set up a small finance bank

RBI grants in-principle nod to Centrum to set up a small finance bank

Punjab & Maharashtra Cooperative Bank (PMC), which has been hit by a scam and had the Reserve Ba..

Videocon bidder paying almost nothing, says NCLT

Videocon bidder paying almost nothing, says NCLT

The National Company Law Tribunal (NCLT) has observed that the bidder is “paying almost nothing” for..

Canara Bank to be lead sponsor of bad bank with 12% equity

Canara Bank to be lead sponsor of bad bank with 12% equity

State-owned Canara Bank will be the lead sponsor of National Asset Reconstruction Company Limited (N..

Regulators to examine PNB Housing Finance-Carlyle deal: Report

Regulators to examine PNB Housing Finance-Carlyle deal: Report

Reserve Bank of India as well as Sebi will look into various regulatory issues related to the propos..

PNB Housing Finance says pricing for share sale in line with law

PNB Housing Finance says pricing for share sale in line with law

PNB Housing Finance, which has been facing criticism over its proposed Rs 4,000-crore deal with Carl..

ICICI Bank raises Rs 2,827 cr by issuing bonds

ICICI Bank raises Rs 2,827 cr by issuing bonds

ICICI Bank has raised over Rs 2,827 crore by issuing bonds on a private placement basis.In April, th..

HDFC Bank to refund GPS device commission to auto loan borrowers

HDFC Bank to refund GPS device commission to auto loan borrowers

HDFC Bank said Thursday it will refund the “GPS device commission” charged to auto loan borrowers fo..

RBI proposes regulatory changes for microfinance sector

RBI proposes regulatory changes for microfinance sector

The Reserve Bank of India (RBI) on Monday proposed a uniform regulatory framework for the microfinan..

HDFC Bank readies to drive growth in SME biz

HDFC Bank readies to drive growth in SME biz

HDFC Bank, India’s largest private lender, will lead a more focused approach to expand its small and..

RBI's PCA move helped reposition IDBI Bank

RBI's PCA move helped reposition IDBI Bank

Are you personally happy with the way the events have unfolded over two decades, especially that the..

Bank stress may be obscured by abundant liquidity: RBI Guv

Bank stress may be obscured by abundant liquidity: RBI Guv

The economic impact of Covid-19 was cushioned by abundant liquidity in the banking system, lowering ..

RBI allows banks to up charges for ATM transactions

RBI allows banks to up charges for ATM transactions

The Reserve Bank of India (RBI) on Thursday allowed banks to increase charges for cash and non-cash ..

Yes Bank gets board nod to raise Rs 10,000 cr

Yes Bank gets board nod to raise Rs 10,000 cr

Private sector lender Yes Bank has approved raising up to Rs 10,000 crore by issuing debt securities..

NCLT approves Anil Agarwal's takeover of Videocon

NCLT approves Anil Agarwal's takeover of Videocon

Billionaire Anil Agarwal will replace the Dhoots as the owner of Videocon Industries. The NCLT on Tu..

World Bank cuts India’s growth forecast to 8.3%

World Bank cuts India’s growth forecast to 8.3%

The World Bank on Tuesday cut its FY22 growth forecast for India to 8.3% from 10.1% estimated earlie..