RBI bans IIFL Finance from sanctioning, disbursing gold loans

RBI bans IIFL Finance from sanctioning, disbursing gold loans

The Reserve Bank of India (RBI) has barred IIFL Finance from sanctioning and disbursing gold loans d..

RBI bars JM Financial from financing against shares, debentures

RBI bars JM Financial from financing against shares, debentures

The Reserve bank of India (RBI) has barred JM Financial Products from advancing loans against shares..

AU-Fincare Small Finance Bank merger gets RBI nod

AU-Fincare Small Finance Bank merger gets RBI nod

The Reserve Bank of India (RBI) has approved the proposed merger of Fincare Small Finance Bank with ..

97.62% of Rs 2,000 notes returned to banking system

97.62% of Rs 2,000 notes returned to banking system

The Reserve Bank of India (RBI) on Friday said 97.62% of the Rs 2,000 bank notes have returned to th..

Deposit challenges to moderate bank credit growth in FY25

Deposit challenges to moderate bank credit growth in FY25

Bank credit and deposits cannot keep running at very different levels for a long period of time and ..

Bank loan growth trends in January

Bank loan growth trends in January

Two trends are noticeable in bank credit growth for the month of January. While credit growth to ind..

India’s GDP spikes to 8.4% in Q3

India’s GDP spikes to 8.4% in Q3

India's economic growth grew to 8.4% in the third quarter of 2023-24, mainly due to good performance..

Reaching old age pension to a Naxalite-hit family

Reaching old age pension to a Naxalite-hit family

Darkness surrounded the hills of Malkangiri as Gurubari Sisa sat on the verandah of her mud-paved hu..

RBI cancels licence of Rajasthan-based urban co-operative bank

RBI cancels licence of Rajasthan-based urban co-operative bank

The Reserve Bank of India (RBI) has cancelled the licence of Sumerpur Mercantile Urban Cooperative B..

Ajay Kanwal gets three more years as CEO of Jana Small Finance Bank

Ajay Kanwal gets three more years as CEO of Jana Small Finance Bank

The Reserve Bank of India (RBI) has approved the re-appointment of Ajay Kanwal as the managing direc..

RBI fines SBI, Canara Bank, City Union Bank for breach of rules

RBI fines SBI, Canara Bank, City Union Bank for breach of rules

The Reserve Bank of India (RBI) has penalised State Bank of India (SBI), Canara Bank and City Union ..

Canara Bank board approves 5-for-1 stock split to improve liquidity

Canara Bank board approves 5-for-1 stock split to improve liquidity

Canara Bank said on Monday its board approved split of each share into five, to make them more affor..

HDFC Bank’s profitability versus growth balance

HDFC Bank’s profitability versus growth balance

The dilemma India’s largest private sector bank faces today is growth versus profitability even as i..

Govt appoints Bank of Maharashtra CEO as vigilance commissioner

Govt appoints Bank of Maharashtra CEO as vigilance commissioner

State-owned Bank of Maharashtra on Thursday said the government has appointed its managing director ..

How IDFC First Bank plans to size up in five years

How IDFC First Bank plans to size up in five years

IDFC First Bank has the potential to gather substantial size in the next five years even as it norma..