Bank of India Q1 net down 15% at Rs 720 crore

Bank of India Q1 net down 15% at Rs 720 crore

State-owned Bank of India reported a 14.7% drop in net profit to Rs 720 crore in the fiscal first qu..

Union Bank of India recasts Rs 15,632 cr of loans; home loans lead retail stress

Union Bank of India recasts Rs 15,632 cr of loans; home loans lead retail stress

Retail loans have come to haunt banks in the backdrop of the second wave of the coronavirus pandemic..

Rupee posts worst one-day fall in 20 months

Rupee posts worst one-day fall in 20 months

The Indian rupee had its steepest single-day fall in 20 months as it dropped 1.5% on Wednesday after..

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..

Bank of India Q4 net at Rs 250 crore

Bank of India Q4 net at Rs 250 crore

State-owned Bank of India has posted a standalone profit of Rs 250 crore for the fiscal fourth quart..

RBI's Rs 1.2 lakh cr liquidity support under GSAP 2.0 in Sept quarter

RBI's Rs 1.2 lakh cr liquidity support under GSAP 2.0 in Sept quarter

The Reserve Bank of India (RBI) on Friday said it would buy bonds worth Rs 1.2 lakh crore in the Sep..

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,..

Axis Bank Q4 net at Rs 2,677 cr amid drop in provisions

Axis Bank Q4 net at Rs 2,677 cr amid drop in provisions

Axis Bank has posted a net profit of Rs 2,677 crore for the quarter ended March 2021, a turnaround f..

ICICI Bank Q4 net up 261% at Rs 4,403 cr

ICICI Bank Q4 net up 261% at Rs 4,403 cr

ICICI Bank, India's second largest private sector bank by market capitalisation, has put up impressi..

RBI doubles payments bank deposit limit to Rs 2 lakh

RBI doubles payments bank deposit limit to Rs 2 lakh

The Reserve Bank of India has doubled the maximum end of day balance for payments banks to Rs 2 lakh..

RBI to give direction to debt market in first policy of FY22

RBI to give direction to debt market in first policy of FY22

The first monetary policy of the current financial year, to be unveiled by the Reserve Bank of India..

Bank of India raises Rs 602 cr via bonds

Bank of India raises Rs 602 cr via bonds

Bank of India (BOI) said it has raised Rs 602 crore by issuing bonds.The amount has been raised via ..

NPAs expected to worsen in first half of 2021: FICCI-IBA

NPAs expected to worsen in first half of 2021: FICCI-IBA

The corona virus pandemic could have a lasting impact on the non-performing assets (NPAs) of banks. ..

RBI slaps Rs 2 cr penalty on SBI

RBI slaps Rs 2 cr penalty on SBI

Reserve Bank of India has slapped a penalty of Rs 2 crore on State Bank of India for contravention o..

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..