RBI's amalgamation norms for cooperative banks

RBI's amalgamation norms for cooperative banks

The Reserve Bank of India said it will consider amalgamation of District Central Co-operative Banks ..

DHFL lenders challenge NCLT order on Wadhawan offer

DHFL lenders challenge NCLT order on Wadhawan offer

Lenders to Dewan Housing Finance Ltd (DHFL) and the administrator R Subramania kumar have filed two ..

Punjab & Sind Bank turns profitable after 8 quarters

Punjab & Sind Bank turns profitable after 8 quarters

Punjab & Sind Bank has turned profitable in the January-March period after posting losses for ei..

SBI Q4 net up 81%; to pay dividend after 4 years

SBI Q4 net up 81%; to pay dividend after 4 years

Buoyed by higher interest income and lower provisions for bad loans, State Bank of India (SBI) has p..

RBI's Rs 99,122 cr dividend payout to govt higher than expected

RBI's Rs 99,122 cr dividend payout to govt higher than expected

The Reserve Bank of India will make its second-highest annual transfer of surplus to the government,..

Banks can invoke personal guarantees of loan defaulters: SC

Banks can invoke personal guarantees of loan defaulters: SC

In what could lead to more bad loans getting resolved and speed up the process of recovery, the Supr..

Banks likely to move 80 large NPA accounts to bad bank

Banks likely to move 80 large NPA accounts to bad bank

Eighty large bad loan accounts are likely to move out of banks to seek resolution in the National As..

Rise in home loan defaults

Rise in home loan defaults

There is a steady increase in home loan delinquency across all segments of ticket sizes and age grou..

RBI slaps fine on this Beed-based bank

RBI slaps fine on this Beed-based bank

The Reserve Bank of India has slapped a fine of Rs 1 lakh on Priyadarshini Mahila Nagari Sahakari Ba..

RBI Guv asks public sector banks to strengthen balance sheets

RBI Guv asks public sector banks to strengthen balance sheets

Reserve Bank of India (RBI) Governor Shaktikanta Das has asked public sector banks to continue with ..

NCLT asks DHFL creditors to consider Wadhawan’s settlement offer

NCLT asks DHFL creditors to consider Wadhawan’s settlement offer

The National Company Tribunal (NCLT) has directed the committee of creditors (CoC) of Dewan Housing ..

Federal Bank Q4 net up 59% amid lower provisioning

Federal Bank Q4 net up 59% amid lower provisioning

Federal Bank has reported a 58.6% year-on-year growth in net profit to Rs 477.8 crore for the quarte..

Govt to earn Rs 4,000 cr via stake sale in Axis Bank

Govt to earn Rs 4,000 cr via stake sale in Axis Bank

The government is set to earn close to Rs 4,000 crore from its stake sale in Axis Bank through the S..

Canara Bank Q4 net at Rs 1,011 cr

Canara Bank Q4 net at Rs 1,011 cr

State-owned Canara Bank has reported standalone net profit of Rs 1,011 crore for the March quarter, ..

SBI has lost over 520 employees to Covid

SBI has lost over 520 employees to Covid

State Bank of India (SBI) has lost over 520 officials to Covid-19 since the pandemic unfolded early ..