RBI’s balance sheet surges 11% to Rs 70. 47 lakh crore in FY24

RBI’s balance sheet surges 11% to Rs 70. 47 lakh crore in FY24

The Reserve Bank of India's balance sheet ballooned to Rs 70.47 lakh crore as on 31 March 2024, up 1..

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..

Ujjivan SFB to fix timelines for universal bank transition in FY25

Ujjivan SFB to fix timelines for universal bank transition in FY25

RBI has recently issued conditions for voluntary transition of small finance banks (SFBs) to a unive..

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  ..

SBI Q4 net up 24%, GNPA lowest in 10 years

SBI Q4 net up 24%, GNPA lowest in 10 years

State Bank of India (SBI) beat market estimates by a wide margin to post a 24% rise in net profit to..

IOB to sell 92 NPA accounts worth Rs 13,472 cr

IOB to sell 92 NPA accounts worth Rs 13,472 cr

Indian Overseas Bank (IOB) will sell 92 non-performing loans amounting to Rs 13,471.68 crore through..

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 ..

97.62% of Rs 2,000 notes returned to banking system

97.62% of Rs 2,000 notes returned to banking system

The Reserve Bank of India (RBI) on Friday said 97.62% of the Rs 2,000 bank notes have returned to th..

Canara Bank raises Rs 2,000 crore via bonds

Canara Bank raises Rs 2,000 crore via bonds

Canara Bank has raised Rs 2,000 crore by issuing bonds to fund business growth.The fund has been rai..

SBI’s burden due to increased salaries, pensions to reach Rs 26,000 crore by March

SBI’s burden due to increased salaries, pensions to reach Rs 26,000 crore by March

State Bank of India’s (SBI) outgo on account of increase in salaries and pensions will jump to aroun..

Govt eyes Rs 1.02 lakh crore dividend income from RBI, PSU banks in FY25

Govt eyes Rs 1.02 lakh crore dividend income from RBI, PSU banks in FY25

The government expects to receive Rs 1.02 lakh crore as dividend from the Reserve Bank of India (RBI..

RBI bars Paytm Payments Bank  from offering services after Feb 29

RBI bars Paytm Payments Bank from offering services after Feb 29

The Reserve Bank of India (RBI) on Wednesday barred Paytm Payments Bank Ltd from taking fresh deposi..

Ujjivan SFB Q3 net up 2.3% to Rs 300 crore

Ujjivan SFB Q3 net up 2.3% to Rs 300 crore

Ujjivan Small Finance Bank reported a small rise in net profit for the third fiscal quarter ended De..

ICICI Bank Q3 net up 24% to Rs 10,272 crore

ICICI Bank Q3 net up 24% to Rs 10,272 crore

ICICI Bank reported a 23.6% year-on-year rise in net profit to Rs 10,272 crore for the quarter ended..

IndusInd Bank Q3 net up 17% to Rs 2,301 crore

IndusInd Bank Q3 net up 17% to Rs 2,301 crore

IndusInd Bank reported a 17.1% year-on-year increase in net profit to Rs 2,301 crore for the fiscal ..