RBI supersedes board of New India Co-operative Bank

RBI supersedes board of New India Co-operative Bank

A day after imposing business restrictions on New India Co-operative Bank, the Reserve Bank of India..

RBI bars Mumbai-based co-operative bank from offering loans, deposit withdrawals

RBI bars Mumbai-based co-operative bank from offering loans, deposit withdrawals

The Reserve Bank of India (RBI) has imposed restrictions on Mumbai-based New India Co-operative Bank..

Creditors recover Rs 3.58 lakh crore under  insolvency law

Creditors recover Rs 3.58 lakh crore under insolvency law

Creditors have recovered Rs 3.58 lakh crore through resolution of 1,119 cases under the insolvency l..

State-owned banks line up record net profit of Rs 1.29 lakh cr in nine months of FY25

State-owned banks line up record net profit of Rs 1.29 lakh cr in nine months of FY25

Public sector banks (PSBs) are lining up record profits, their bad loans are declining and they are ..

RBI cuts interest rate to move needle on growth

RBI cuts interest rate to move needle on growth

After a wait of nearly five years, the Reserve Bank of India (RBI) Friday announced a cut in interes..

SBI chairman on deposits, credit growth, NIM as bank’s Q3 net rises 84%

SBI chairman on deposits, credit growth, NIM as bank’s Q3 net rises 84%

State Bank of India chairman CS Setty is sticking to the new guidance that the country’s larges..

RBI supersedes board of Aviom India Housing Finance

RBI supersedes board of Aviom India Housing Finance

The Reserve Bank of India (RBI) has superseded the board of Aviom India Housing Finance due to gover..

Federal Bank Q3 falls 5% on higher provisions

Federal Bank Q3 falls 5% on higher provisions

Private lender Federal Bank’s fiscal third-quarter net profit fell 5% to Rs 955 crore compared to Rs..

Ombudsman disposes of 95% of complaints received in FY24

Ombudsman disposes of 95% of complaints received in FY24

The Reserve Bank of India on Friday said the ombudsman disposed of 95.1% of the complaints it receiv..

HDFC Bank Q3 growth slow, to speed up in FY27

HDFC Bank Q3 growth slow, to speed up in FY27

HDFC Bank posted a 2.2% year-on-year rise in net profit to Rs 16,735.5 crore in the fiscal third qua..

Kotak Mahindra Bank acquires Standard Chartered’s personal loan book

Kotak Mahindra Bank acquires Standard Chartered’s personal loan book

Kotak Mahindra Bank has completed the acquisition of Rs 3,300 crore personal loan portfoilio of Stan..

IDFC First Bank launches FIRST EA₹N RuPay credit card

IDFC First Bank launches FIRST EA₹N RuPay credit card

IDFC First Bank has launched a UPI-enabled RuPay credit card called FIRST EA₹N.The credit card is ba..

Axis Bank: Muted Q3 net profit, slow growth in loans and deposits

Axis Bank: Muted Q3 net profit, slow growth in loans and deposits

Axis Bank reported a below-than-expected performance in net profit for the three-month period ended ..

Banks have to offer fixed interest rate on EMI-based loans: RBI's FAQs

Banks have to offer fixed interest rate on EMI-based loans: RBI's FAQs

The Reserve Bank of India (RBI) has mandated banks to offer fixed interest rates on all personal loa..

How banks fared on deposits, loans in Q3

How banks fared on deposits, loans in Q3

Banks have put up a mixed performance so far as deposits and loans go even as liquidity has stayed t..