Former SBI veteran to head Ujjivan SFB

Former SBI veteran to head Ujjivan SFB

The Reserve Bank of India (RBI) has approved the appointment of Sanjeev Nautiyal as the managing dir..

Kotak Mahindra Bank’s CEO worried more about reputational than financial impact of RBI’s directive

Kotak Mahindra Bank’s CEO worried more about reputational than financial impact of RBI’s directive

The business restrictions imposed by the Reserve Bank of India (RBI) will have a “relatively small” ..

RBI proposes tighter rules for project finance

RBI proposes tighter rules for project finance

The Reserve Bank of India (RBI) has proposed tighter rules to govern lending to projects under imple..

RBI lifts restrictions on Bajaj Finance after six months

RBI lifts restrictions on Bajaj Finance after six months

The Reserve Bank of India (RBI) has lifted restrictions on Bajaj Finance on sanctioning and disbursa..

Federal Bank to soon send names to RBI for CEO post; Q4 net flat

Federal Bank to soon send names to RBI for CEO post; Q4 net flat

Private lender Federal Bank will soon send the names of potential candidates for the post of managin..

97.76% of Rs 2,000 currency notes returned, says RBI

97.76% of Rs 2,000 currency notes returned, says RBI

The Reserve Bank of India (RBI) on Thursday said 97.76% of the Rs 2,000 denomination banknotes have ..

Bank credit to industry up, personal loans moderate

Bank credit to industry up, personal loans moderate

Bank credit to industry rose 8.5% in March 2024 compared to 5.6% a year ago while personal loans saw..

Kotak Mahindra Bank’s Joint MD Manian quits after 29-year stint

Kotak Mahindra Bank’s Joint MD Manian quits after 29-year stint

Kotak Mahindra Bank has reported the second bad news in barely a week’s time. Soon after the Reserve..

RBI directs banks to review unfair lending practices

RBI directs banks to review unfair lending practices

The Reserve Bank of India (RBI) has directed lenders on Monday to review practices such as disbursal..

IDFC First Bank approves reappointment of Vaidyanathan as MD & CEO

IDFC First Bank approves reappointment of Vaidyanathan as MD & CEO

The board of IDFC First Bank has approved the re-appointment of V Vaidyanathan as the managing direc..

IDFC First Bank Q4 net dips 10% amid rise in provisions

IDFC First Bank Q4 net dips 10% amid rise in provisions

IDFC First Bank’s net profit dipped 9.8% to Rs 724 crore for the fiscal fourth quarter due to a shar..

RBI whip: Axis Bank overtakes Kotak Mahindra Bank to become 4th most-valued bank

RBI whip: Axis Bank overtakes Kotak Mahindra Bank to become 4th most-valued bank

Kotak Mahindra Bank has seen a massive 13% erosion in market value after the Reserve Bank of India (..

RBI proposes new norms for lending service providers

RBI proposes new norms for lending service providers

The Reserve Bank of India (RBI) has proposed that lending service providers (LSPs), acting as agents..

RBI issues norms for voluntary conversion of SFBs into universal banks

RBI issues norms for voluntary conversion of SFBs into universal banks

The Reserve Bank of India (RBI) on Friday set norms for the voluntary transition of small finance ba..

Bank of Maharashtra Q4 net up 45%, plans to raise Rs 7,500 cr

Bank of Maharashtra Q4 net up 45%, plans to raise Rs 7,500 cr

Bank of Maharashtra has reported a 45% year-on-year jump in its net profit to Rs 1,218 crore for the..