RBI fails to identify ever-greening of loans in Yes Bank, LVB case: Economic Survey

RBI fails to identify ever-greening of loans in Yes Bank, LVB case: Economic Survey

The Economic Survey 2021 is critical of the way the Reserve Bank of India (RBI) handled the Yes Bank..

Bank of Baroda chief warns of stress in retail, SME loans

Bank of Baroda chief warns of stress in retail, SME loans

Banks could discover that more of their loans become non-performing than what they had anticipated f..

Axis Bank Q3 net plunges 36%, retail NPAs on the rise

Axis Bank Q3 net plunges 36%, retail NPAs on the rise

Axis Bank’s non-performing loans on the retail side have seen a sharp spurt while net profit plunged..

Bank of Baroda raises Rs 969 crore

Bank of Baroda raises Rs 969 crore

Bank of Baroda has raised over Rs 969 crore through a private placement of bonds.The fund raised thr..

IIP shrinks 1.9% in Nov; retail inflation eases to 4.59% in Dec

IIP shrinks 1.9% in Nov; retail inflation eases to 4.59% in Dec

The Index of Industrial Production (IIP) contracted 1.9% in November as manufacturing (-1.7%) and mi..

SBI raises $600 mn

SBI raises $600 mn

Taking advantage of the liquidity in global markets, State Bank of India has raised $600 million thr..

Delhi HC asks SBI to maintain status quo on accounts of 3 Anil Ambani firms

Delhi HC asks SBI to maintain status quo on accounts of 3 Anil Ambani firms

The Delhi High Court has asked the State Bank of India (SBI) to maintain status quo with regard to a..

Grievances against LIC rose sharply over the years: IRDAI report

Grievances against LIC rose sharply over the years: IRDAI report

The number of policyholder complaints against public sector behemoth Life Insurance Corporation of I..

Credit, debit card top consumer complaint list: RBI

Credit, debit card top consumer complaint list: RBI

Issues regarding credit and debit cards lead the list of customer complaints received at various ban..

Worry is bad loans may originate when money is available cheap

Worry is bad loans may originate when money is available cheap

How would you describe the credit policy?The three words that the RBI often uses are appropriate liq..

Jet Airways revival plan with NCLT for approval

Jet Airways revival plan with NCLT for approval

The resolution professional of Jet Airways has filed a revival plan approved by the committee of cre..

Retail & home loans slow down, auto paces up

Retail & home loans slow down, auto paces up

Retail bank credit, the flagship segment of bank credit in India, is losing steam as the pandemic le..

Yes Bank targets Rs 10,000 cr loan disbursal to retail, MSME in Q3

Yes Bank targets Rs 10,000 cr loan disbursal to retail, MSME in Q3

After breaking down due to heavy exposure in corporate credit, Yes Bank has set sights on retail and..

SC rejects Chanda Kochhar's plea against being sacked as ICICI chief

SC rejects Chanda Kochhar's plea against being sacked as ICICI chief

The Supreme Court has rejected the appeal filed by former ICICI Bank chief executive Chanda Kochhar ..

Home loan interest rates to remain low for next 6-12 months: HDFC chief Keki Mistry

Home loan interest rates to remain low for next 6-12 months: HDFC chief Keki Mistry

With the Reserve Bank of India (RBI) improving liquidity in the market, interest rates on home loans..