Retail bad loans may rise in 2nd wake of Covid: HDFC Bank CEO

Retail bad loans may rise in 2nd wake of Covid: HDFC Bank CEO

The crippling effect of the second wave of the coronavirus could lead to a rise in retail bad loans...

Uday Kotak to remain Kotak Mahindra Bank CEO until Dec 2023

Uday Kotak to remain Kotak Mahindra Bank CEO until Dec 2023

Even as the Reserve Bank of India (RBI) has capped the tenure of private bank chiefs, Uday Kotak sai..

Retail inflation rises to 5.52% in March

Retail inflation rises to 5.52% in March

For the fourth consecutive month, retail inflation has fallen within the Reserve Bank of India’s upp..

RBI extends RTGS, NEFT money transfer facilities to non-banks

RBI extends RTGS, NEFT money transfer facilities to non-banks

The Reserve Bank of India on Wednesday extended Real-time gross settlement (RTGS) and National Elect..

Jana Small Finance Bank files for IPO to raise Rs 1,100 cr

Jana Small Finance Bank files for IPO to raise Rs 1,100 cr

Small finance banks are in a rush to raise money through public float. Soon after Suryoday Small Fin..

Govt retains retail inflation target for 5 years

Govt retains retail inflation target for 5 years

The government on Wednesday asked the Reserve Bank of India to maintain the retail inflation target ..

How the SC verdict will impact banks

How the SC verdict will impact banks

Banks could see an overall impact of Rs 7,500 crore as the Supreme Court has ordered a waiver of int..

RBI fails to identify ever-greening of loans in Yes Bank, LVB case: Economic Survey

RBI fails to identify ever-greening of loans in Yes Bank, LVB case: Economic Survey

The Economic Survey 2021 is critical of the way the Reserve Bank of India (RBI) handled the Yes Bank..

Bank of Baroda chief warns of stress in retail, SME loans

Bank of Baroda chief warns of stress in retail, SME loans

Banks could discover that more of their loans become non-performing than what they had anticipated f..

Axis Bank Q3 net plunges 36%, retail NPAs on the rise

Axis Bank Q3 net plunges 36%, retail NPAs on the rise

Axis Bank’s non-performing loans on the retail side have seen a sharp spurt while net profit plunged..

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 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..

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..

Worry is bad loans may originate when money is available cheap

Worry is bad loans may originate when money is available cheap

How would you describe the credit policy?The three words that the RBI often uses are appropriate liq..

RBI looking into SBI's mobile banking outages

RBI looking into SBI's mobile banking outages

The Reserve Bank of India (RBI) is looking into the frequent disruptions in service suffered by user..