41,000 UCO Bank customers get Rs 820 cr credit, CBI conducts searches

41,000 UCO Bank customers get Rs 820 cr credit, CBI conducts searches

The Central Bureau of Investigation (CBI) has conducted searches at 13 locations in West Bengal and ..

Canara Bank plans to move credit card biz to subsidiary arm, buy out partners

Canara Bank plans to move credit card biz to subsidiary arm, buy out partners

Canara Bank is planning to buy out the stakes of its minority partners in an unlisted subsidiary and..

UCO Bank erroneously credits Rs 820 crore to account holders

UCO Bank erroneously credits Rs 820 crore to account holders

In a major slip, UCO Bank has erroneously transferred Rs 820 crore to some of its account holders du..

Post-merger, HDFC Bank’s CASA dips; surge in credit, deposits

Post-merger, HDFC Bank’s CASA dips; surge in credit, deposits

In the first quarter after merging with mortgage financier HDFC Ltd, private sector lender HDFC Bank..

Bank CEO resigns days after Rs 9,000 crore wrongly credited to Chennai cab driver

Bank CEO resigns days after Rs 9,000 crore wrongly credited to Chennai cab driver

A week after Rs 9,000 crore was wrongly credited into a taxi driver’s account, Tamilnad Mercantile B..

Bank credit outstanding to real estate hits new high in July

Bank credit outstanding to real estate hits new high in July

A large-scale demand revival for housing has pushed bank credit to the real estate sector to an impr..

Bank of India Q1 net up 176%, eyes 12% credit growth in FY24

Bank of India Q1 net up 176%, eyes 12% credit growth in FY24

Bank of India, which saw its net profit surge 176% in the first quarter of the current fiscal, hopes..

Bank of Maharashtra Q1 net surges 95%, eyes 22% credit growth in FY24

Bank of Maharashtra Q1 net surges 95%, eyes 22% credit growth in FY24

State-run Bank of Maharashtra reported fiscal first quarter net profit of Rs 882.08 crore, up 95.2% ..

Bank of Maharashtra posts strong credit, deposit growth in June quarter

Bank of Maharashtra posts strong credit, deposit growth in June quarter

Bank of Maharashtra has seen a 24.93% jump in credit growth to Rs 1.75 lakh crore for the quarter en..

Bank of Baroda plans to divest 49% stake in credit card arm

Bank of Baroda plans to divest 49% stake in credit card arm

State-owned Bank of Baroda (BOB) plans to sell up to 49% stake in its credit card business arm, BOB ..

Credit card bad debt doubles to 18% for state-run banks: RBI

Credit card bad debt doubles to 18% for state-run banks: RBI

Bad debt from credit cards in public sector banks has doubled to 18% at the end of FY2023, the Reser..

Banks see credit, deposit growth in 2023

Banks see credit, deposit growth in 2023

Bank credit growth, which has been rising since early 2022, stood at 15.4% on 2 June 2023, according..

Retail loans major contributor to bank credit growth

Retail loans major contributor to bank credit growth

India’s bank credit growth has been powered by retail lending over the last few years and this is cy..

Morgan Stanley weighs RBI’s expected credit loss impact on banks

Morgan Stanley weighs RBI’s expected credit loss impact on banks

Banks are still trying to figure out what the Reserve Bank of India’s (RBI) proposed expected credit..

IDFC First Bank, HPCL launch co-branded fuel credit card

IDFC First Bank, HPCL launch co-branded fuel credit card

Want to save up to 6.5% on your petrol and diesel spends? Take IDFC First Bank and HPCL’s co-branded..