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..

Retail & home loans slow down, auto paces up

Retail & home loans slow down, auto paces up

Retail bank credit, the flagship segment of bank credit in India, is losing steam as the pandemic le..

Yes Bank targets Rs 10,000 cr loan disbursal to retail, MSME in Q3

Yes Bank targets Rs 10,000 cr loan disbursal to retail, MSME in Q3

After breaking down due to heavy exposure in corporate credit, Yes Bank has set sights on retail and..

Bombay HC refuses to stay Lakshmi Vilas Bank-DBS merger

Bombay HC refuses to stay Lakshmi Vilas Bank-DBS merger

Adivision bench of Justices Nitin Jamdar and Milind Jadhav was hearing petitions filed by a group of..

Who stands to gain if RBI panel proposals sail through

Who stands to gain if RBI panel proposals sail through

The RBI had constituted an internal working group on 12 June to review ownership guidelines and corp..

The collapse of Lakshmi Vilas Bank and DBS as rescuer

The collapse of Lakshmi Vilas Bank and DBS as rescuer

The recent consolidation in the banking sector in India has been prompted more by distress than by s..

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 ..