RBI fines Standard Chartered Bank

RBI fines Standard Chartered Bank

The Reserve Bank of India has imposed a penalty of Rs 2 crore on Standard Chartered Bank-India for d..

Google removes shady loan apps violating safety policies

Google removes shady loan apps violating safety policies

Put under pressure after several borrowers in India committed suicide due to abusive recovery method..

RBI forms panel to regulate digital lending via loan apps

RBI forms panel to regulate digital lending via loan apps

After a spate of suicides and a series of arrests by the police in at least four states, the banking..

Bank of Baroda raises Rs 969 crore

Bank of Baroda raises Rs 969 crore

Bank of Baroda has raised over Rs 969 crore through a private placement of bonds.The fund raised thr..

IIP shrinks 1.9% in Nov; retail inflation eases to 4.59% in Dec

IIP shrinks 1.9% in Nov; retail inflation eases to 4.59% in Dec

The Index of Industrial Production (IIP) contracted 1.9% in November as manufacturing (-1.7%) and mi..

RBI slaps Rs 2 cr penalty on Deutsche Bank

RBI slaps Rs 2 cr penalty on Deutsche Bank

The Reserve Bank of India has slapped a fine of Rs 2 crore on Deutsche Bank AG for violating deposit..

Credit quality of large borrowers

Credit quality of large borrowers

Large borrowers are seeing incipient stress, indicating that non-performing loans could surge in fut..

Bad loans may double to 14.8% under severe stress: RBI

Bad loans may double to 14.8% under severe stress: RBI

Bad loans of banks may nearly double to 14.8% in one year under a severe stress scenario compared to..

Banks stare at muted loan growth

Banks stare at muted loan growth

Capex revival in the economy remains uncertain as consumer demand continues to slow down, putting ba..

RBI sets up advisory council for college of supervisors

RBI sets up advisory council for college of supervisors

The Reserve Bank of India (RBI) has formed a six-member academic advisory council to support its new..

SBI raises $600 mn

SBI raises $600 mn

Taking advantage of the liquidity in global markets, State Bank of India has raised $600 million thr..

Delhi HC asks SBI to maintain status quo on accounts of 3 Anil Ambani firms

Delhi HC asks SBI to maintain status quo on accounts of 3 Anil Ambani firms

The Delhi High Court has asked the State Bank of India (SBI) to maintain status quo with regard to a..

Shivalik Bank gets RBI licence to operate as small finance bank

Shivalik Bank gets RBI licence to operate as small finance bank

Shivalik Mercantile Co-operative Bank (SMCB) has become the first urban cooperative bank (UCB) in In..

Bandhan Bank’s Q3 report card on deposits and advances

Bandhan Bank’s Q3 report card on deposits and advances

Private lender Bandhan Bank provided provisional figures for the fiscal third quarter on its deposit..

Grievances against LIC rose sharply over the years: IRDAI report

Grievances against LIC rose sharply over the years: IRDAI report

The number of policyholder complaints against public sector behemoth Life Insurance Corporation of I..