Rupee slides to 2.5-month low amid Russia-Ukraine war

Rupee slides to 2.5-month low amid Russia-Ukraine war

With Russia continuing to pound Ukraine, the Indian rupee slumped to its lowest since 17 December.Tr..

Canara Bank raises Rs 1,000 cr via AT-1 bonds

Canara Bank raises Rs 1,000 cr via AT-1 bonds

State-run Canara Bank has raised Rs 1,000 crore in Basel III-compliant additional tier I, series III..

Loans against shares, bonds and FDs surge amid Covid stress

Loans against shares, bonds and FDs surge amid Covid stress

Declining incomes in the aftermath of Covid-19 forced many to rush to banks to pledge their shares a..

Yes Bank founder Rana Kapoor gets bail

Yes Bank founder Rana Kapoor gets bail

Yes Bank founder Rana Kapoor has got bail in a property case but will still be in jail in relation t..

SBI rules out effort to delay action against ABG Shipyard

SBI rules out effort to delay action against ABG Shipyard

Ruling out any effort to delay the process at any point of time, the State Bank of India (SBI) has s..

India’s retail inflation hits 7-month high, crosses RBI’s upper cap

India’s retail inflation hits 7-month high, crosses RBI’s upper cap

India’s retail inflation in January has hit a seven-month high and breached the Reserve Bank of Indi..

RBI projects retail inflation at 4.5% in FY23

RBI projects retail inflation at 4.5% in FY23

The Reserve Bank of India (RBI) has projected lower retail inflation of 4.5% in FY23 amid expectatio..

RBI’s three bets as interest rates remain unchanged

RBI’s three bets as interest rates remain unchanged

The Reserve Bank of India (RBI) has left the interest rates untouched for the tenth time in a row, h..

RBI Guv warns against cryptocurrencies, says worth not even a tulip

RBI Guv warns against cryptocurrencies, says worth not even a tulip

The Reserve Bank of India Governor Shaktikanta Das believes that cryptocurrency investment is not ev..

96% of PMC Bank depositors to get paid upfront, says Unity SFB

96% of PMC Bank depositors to get paid upfront, says Unity SFB

Unity Small Finance Bank said around 96% of depositors having deposits up to Rs 5 lakh will be paid ..

Kotak Mahindra Bank Q3 up 15% on back of retail loan growth

Kotak Mahindra Bank Q3 up 15% on back of retail loan growth

Kotak Mahindra Bank reported 15% year-on-year growth in its net profit for the December quarter to R..

Vinod Rai’s appointment as independent chairman of Unity SFB gets RBI nod

Vinod Rai’s appointment as independent chairman of Unity SFB gets RBI nod

Former comptroller and auditor general of India Vinod Rai has been granted approval by the Reserve B..

Bank of Maharashtra plans capital raise, Q3 net doubles

Bank of Maharashtra plans capital raise, Q3 net doubles

Bank of Maharashtra is planning to raise Rs 500-750 crore through a qualified institutional placemen..

How SBI is keeping check on retail loan NPAs

How SBI is keeping check on retail loan NPAs

Fear of credit slipping into non-performing assets (NPAs) has triggered the State Bank of India (SBI..

Airtel Payments Bank gets scheduled bank status

Airtel Payments Bank gets scheduled bank status

Airtel Payments Bank has got the status of a scheduled bank. The Reserve Bank of India (RBI) on Tues..