Interest rates on small savings schemes unchanged

Interest rates on small savings schemes unchanged

The government has not changed the interest rates on small savings schemes for the quarter beginning..

Canara Bank’s official X account ‘compromised’

Canara Bank’s official X account ‘compromised’

Canara Bank’s account on social media platform X has been "compromised", the state-run lender said o..

RBI rejects Edelweiss ARC CEO’s extension

RBI rejects Edelweiss ARC CEO’s extension

The Reserve Bank of India (RBI) has rejected a proposal to reappoint Rajkumar Bansal as MD and CEO o..

Why RBI keeps repo rate untouched and ups GDP growth forecast

Why RBI keeps repo rate untouched and ups GDP growth forecast

India’s benchmark interest rates remain unchanged at 6.5% for the eighth consecutive time but more v..

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..

RBI’s whip on Edelweiss ARC, ECL Finance

RBI’s whip on Edelweiss ARC, ECL Finance

Two of Edelweiss’s group companies are in trouble. The Reserve Bank of India (RBI) has imposed busin..

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  ..

Canara Bank to shed low-interest corporate loans, says CEO

Canara Bank to shed low-interest corporate loans, says CEO

Canara Bank is ready to shed Rs 70,000 of corporate loans that are riding on low interest rate so th..

RBI’s proposed project finance norms manageable, says Union Bank CEO

RBI’s proposed project finance norms manageable, says Union Bank CEO

The Reserve Bank of India’s proposals on project finance will not have a big impact on Union Bank of..

Why Canara Bank CEO feels RBI’s proposed infra loan norms will unlikely impact margins

Why Canara Bank CEO feels RBI’s proposed infra loan norms will unlikely impact margins

Canara Bank’s internal cash accruals will provide sufficient cushion in case it has to provision for..

Kotak Mahindra Bank’s CEO worried more about reputational than financial impact of RBI’s directive

Kotak Mahindra Bank’s CEO worried more about reputational than financial impact of RBI’s directive

The business restrictions imposed by the Reserve Bank of India (RBI) will have a “relatively small” ..

Federal Bank to soon send names to RBI for CEO post; Q4 net flat

Federal Bank to soon send names to RBI for CEO post; Q4 net flat

Private lender Federal Bank will soon send the names of potential candidates for the post of managin..

97.76% of Rs 2,000 currency notes returned, says RBI

97.76% of Rs 2,000 currency notes returned, says RBI

The Reserve Bank of India (RBI) on Thursday said 97.76% of the Rs 2,000 denomination banknotes have ..

Bank credit to industry up, personal loans moderate

Bank credit to industry up, personal loans moderate

Bank credit to industry rose 8.5% in March 2024 compared to 5.6% a year ago while personal loans saw..

RBI whip: Axis Bank overtakes Kotak Mahindra Bank to become 4th most-valued bank

RBI whip: Axis Bank overtakes Kotak Mahindra Bank to become 4th most-valued bank

Kotak Mahindra Bank has seen a massive 13% erosion in market value after the Reserve Bank of India (..