Indian Bank aims to recover Rs 7,000 cr of bad loans in FY25, raise Rs 5,000 cr

Indian Bank aims to recover Rs 7,000 cr of bad loans in FY25, raise Rs 5,000 cr

Chennai-headquartered Indian Bank plans to recover about Rs 7,000 crore of bad loans in the current ..

SBI raises interest rate to 7.25% in new deposit scheme

SBI raises interest rate to 7.25% in new deposit scheme

State Bank of India, the country’s largest lender, has raised its deposit rate to a high of 7.25% in..

RBI warns banks against ‘lakhs of accounts’ used for fraud and evergreening

RBI warns banks against ‘lakhs of accounts’ used for fraud and evergreening

The Reserve Bank of India (RBI) has cautioned banks against having “lakhs of accounts” used for frau..

Setty set to be next SBI chairman

Setty set to be next SBI chairman

Challa Sreenivasulu Setty is set to be the next chairman of State Bank of India (SBI) as the Financi..

SBI raises Rs 10,000 cr via infra bonds

SBI raises Rs 10,000 cr via infra bonds

State Bank of India (SBI) has raised Rs 10,000 crore via infrastructure bonds to fund projects in se..

Canara Bank regains control of official X page

Canara Bank regains control of official X page

Canara Bank said today it has regained complete access and controls to its official X page, @canarab..

SBI to raise up to $3 bn via debt in FY25

SBI to raise up to $3 bn via debt in FY25

State Bank of India, the country's largest lender, said on Tuesday that its board has approved raisi..

Why Vaidyanathan is bullish on IDFC First Bank’s rural loan book

Why Vaidyanathan is bullish on IDFC First Bank’s rural loan book

IDFC First Bank has built a rural loan book of substantial size which fetches good margins, is of hi..

Unclaimed deposits with banks leap 26% to Rs 78,213 crore

Unclaimed deposits with banks leap 26% to Rs 78,213 crore

Unclaimed deposits with banks have jumped 26% year-on-year to Rs 78,213 crore at the end of March 20..

IDFC First Bank to raise Rs 3,200 cr via preferential issue

IDFC First Bank to raise Rs 3,200 cr via preferential issue

IDFC First Bank’s board has approved a proposal to raise Rs 3,200 crore through a preferential allot..

Why banks worry as RBI aims to tighten project finance norms

Why banks worry as RBI aims to tighten project finance norms

The unanticipated contest between the Great Indian Bustard and the solar energy companies in vast tr..

New interview date for SBI chairman’s post after poll results

New interview date for SBI chairman’s post after poll results

The contenders for the post of chairman of State Bank of India (SBI) will have to wait for another i..

Creditors’ haircuts in bankruptcy cases rise to 73% in FY24

Creditors’ haircuts in bankruptcy cases rise to 73% in FY24

The haircuts taken by creditors in bankruptcy resolutions have increased to 73% in FY24, from  ..

PNB plans Rs 7,500 crore capital raise via QIP

PNB plans Rs 7,500 crore capital raise via QIP

Punjab National Bank (PNB) plans to complete a significant share sale to institutional investors wit..

RBI’s project finance proposals: SBI may raise rates on infra loans

RBI’s project finance proposals: SBI may raise rates on infra loans

State Bank of India (SBI), the country’s largest lender, may reprice infrastructure loans upwards if..