IDFC First Bank Q3 retail deposits surge 100%

IDFC First Bank Q3 retail deposits surge 100%

IDFC First Bank has seen a 100% surge in retail deposits for the fiscal third quarter ended 31 Decem..

IDBI Bank invites bids to shed stake in Arcil

IDBI Bank invites bids to shed stake in Arcil

Ahead of the formation of National Asset Reconstruction Company Ltd (NARCL), IDBI Bank has invited b..

HDFC Bank mobile banking app down for an hour

HDFC Bank mobile banking app down for an hour

HDFC Bank, which has been under the RBI lens for network outages, had its mobile banking app down fo..

NCLT approves Anil Agarwal's takeover of Videocon

NCLT approves Anil Agarwal's takeover of Videocon

Billionaire Anil Agarwal will replace the Dhoots as the owner of Videocon Industries. The NCLT on Tu..

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...

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..