Retail-led credit model face headwinds amid rise in home loan delinquencies: RBI

Retail-led credit model face headwinds amid rise in home loan delinquencies: RBI

With corporate credit staying sluggish for quite some time now, banks had turned aggressively to the..

RBI extends restrictions on PMC Bank till end-March

RBI extends restrictions on PMC Bank till end-March

The restrictions on Punjab and Maharashtra Co-operative (PMC) Bank will continue for another three m..

RBI silent on corporate entry into banking

RBI silent on corporate entry into banking

The Reserve Bank of India (RBI) is yet to take a view on the entry of corporates into the banking sp..

RBI unveils draft scheme for PMC Bank; depositors to get full amount over 10 years

RBI unveils draft scheme for PMC Bank; depositors to get full amount over 10 years

PMC Bank depositors of above Rs 5 lakh will get back their full amount but over a period of 10 years..

Bank of Maharashtra opens milestone branch at Tirumala

Bank of Maharashtra opens milestone branch at Tirumala

Pune-headquartered Bank of Maharashtra opened its 2,000th milestone branch at the temple town of Tir..

The rise in retail loan auctions

The rise in retail loan auctions

Auctions of retail loans are on a sharp rise at a level never seen before in India as non-banking fi..

Banks cut rates on retail loans to boost demand

Banks cut rates on retail loans to boost demand

Banks are luring customers with lower interest rates as part of a festive offer as the market has sh..

ARCs to find space in MSME, retail assets

ARCs to find space in MSME, retail assets

Even as India’s bad bank takes shape and NARCL looks to handle big-ticket corporate loans, asset rec..

Retail loans march ahead of corporate credit amid Covid-19

Retail loans march ahead of corporate credit amid Covid-19

A surge in gold loans has pushed retail advances to the top of bank credit for the first time. Loans..

Tamilnad Mercantile Bank files for IPO

Tamilnad Mercantile Bank files for IPO

Private lenderTamilnad Mercantile Bank, which has past record of governance lapses, has filed a draf..

RBI fines Axis Bank for due diligence failure on a customer account

RBI fines Axis Bank for due diligence failure on a customer account

The Reserve Bank of India (RBI) has slapped a fine of Rs 25 lakh on Axis Bank for violation of certa..

FM unveils Rs 6 lakh cr asset monetisation pipeline

FM unveils Rs 6 lakh cr asset monetisation pipeline

Finance Minister Nirmala Sitharaman on Monday announced a Rs 6 lakh crore National Monetisation Pipe..

Small finance banks showing healthy profitability: RBI paper

Small finance banks showing healthy profitability: RBI paper

Small finance banks (SFB), which started in 2017 as a new category of banks, are serving the intende..

India's retail inflation cools to 3-month low in July

India's retail inflation cools to 3-month low in July

India's retail inflation has eased to a three-month low of 5.59% in July mainly due to moderation in..

Dhoot moves NCLAT against Anil Agarwal’s Videocon takeover bid

Dhoot moves NCLAT against Anil Agarwal’s Videocon takeover bid

Former Videocon promoter Venugopal Dhoot has moved the NCLAT challenging the insolvency tribunal’s o..