RBI panel proposes upping promoter cap in private banks to 26%

RBI panel proposes upping promoter cap in private banks to 26%

After allowing Kotak Mahindra Bank to retain its promoter holding at 26%, the Reserve Bank of India'..

Payments banks can convert to small finance banks: RBI panel

Payments banks can convert to small finance banks: RBI panel

Reserve Bank of India's internal working group has recommended that payments banks can convert to a ..

DBS-Lakshmi Vilas Bank deal precursor to many such takeovers by foreign banks: AIBEA

DBS-Lakshmi Vilas Bank deal precursor to many such takeovers by foreign banks: AIBEA

Employees of Lakshmi Vilas Bank (LVB) have written to the Reserve Bank of India (RBI) to reconsider ..

Alarmed depositors flock to Lakshmi Vilas Bank branches

Alarmed depositors flock to Lakshmi Vilas Bank branches

Chaos and confusion prevailed in many branches of Lakshmi Vilas Bank (LVB) as depositors and custome..

Merger with Lakshmi Vilas Bank to give DBS a boost: Moody's

Merger with Lakshmi Vilas Bank to give DBS a boost: Moody's

Singapore-based DBS Bank will strengthen its India business following merger with troubled Lakshmi V..

Matching biz cultures of DBS and Lakshmi Vilas Bank

Matching biz cultures of DBS and Lakshmi Vilas Bank

Singapore-based DBS Group gets to speed up its expansion plans in India through the takeover of aili..

RBI sets withdrawal cap of Rs 5 lakh for Lakshmi Vilas Bank depositors

RBI sets withdrawal cap of Rs 5 lakh for Lakshmi Vilas Bank depositors

The Reserve bank of India (RBI) has allowed depositors of Chennai-based Lakshmi Vilas Bank (LVB) to ..

Wholesale price inflation up 1.48% in Oct

Wholesale price inflation up 1.48% in Oct

The wholesale price inflation (WPI) rose to an eight-month high of 1.48% in October as vegetable pri..

Moody's upgrades India GDP forecast to (-) 8.9% in 2020

Moody's upgrades India GDP forecast to (-) 8.9% in 2020

Moody's Investors Service has revised upwards its GDP forecasts for India to (-) 8.9% contraction in..

DBS to rescue Lakshmi Vilas Bank; RBI imposes moratorium

DBS to rescue Lakshmi Vilas Bank; RBI imposes moratorium

After a tumultuous year, the Reserve Bank of India (RBI) imposed a one-month moratorium on Lakshmi V..

Lack of corporate governance led to the mess in Yes Bank

Lack of corporate governance led to the mess in Yes Bank

After being put in charge of a dying bank, are you satisfied with the recovery progress?Yes Bank was..

FM Sitharaman's Rs 10,000-cr package to boost rural employment

FM Sitharaman's Rs 10,000-cr package to boost rural employment

orming part of the Centre's economic stimulus, Finance Minister Nirmala Sitharaman has announced an ..

FM Nirmala Sitharaman announces Rs 2.65 lakh cr stimulus package

FM Nirmala Sitharaman announces Rs 2.65 lakh cr stimulus package

Finance Minister Nirmala Sitharaman has announced as many as 12 measures to ignite growth in the man..

ICICI Bank's mortgage loans cross 2 trillion

ICICI Bank's mortgage loans cross 2 trillion

ICICI Bank is back to doing what it is best at-firing the retail loan engine as lower property price..

Household financial savings soar to 21.4% of GDP amid Covid: RBI

Household financial savings soar to 21.4% of GDP amid Covid: RBI

The outbreak of the coronavirus has led Indian households to save much more in the June quarter of t..