Banks can now lend to 26 stressed sectors under TLTRO

Banks can now lend to 26 stressed sectors under TLTRO

The Reserve Bank of India (RBI) has brought 26 stressed sectors, identified by the Kamath Committee,..

RBI directs HDFC Bank to halt issue of credit cards, digital launches

RBI directs HDFC Bank to halt issue of credit cards, digital launches

The Reserve Bank of India has asked HDFC Bank to temporarily halt all launches of its digital busine..

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 ..

Banks push deadline for DHFL bid to 10 Dec amid Adani's revised offer

Banks push deadline for DHFL bid to 10 Dec amid Adani's revised offer

With billionaire Gautam Adani's group outbidding US-based Oaktree, lenders to the bankrupt Dewan Hou..

Bank credit growth decelerates to 5.8% in Sep quarter: RBI data

Bank credit growth decelerates to 5.8% in Sep quarter: RBI data

Bank credit growth has decelerated to 5.8% in the Sep quarter from 8.9% in the year-ago period, acco..

Alarmed depositors flock to Lakshmi Vilas Bank branches

Alarmed depositors flock to Lakshmi Vilas Bank branches

Chaos and confusion prevailed in many branches of Lakshmi Vilas Bank (LVB) as depositors and custome..

Lack of corporate governance led to the mess in Yes Bank

Lack of corporate governance led to the mess in Yes Bank

After being put in charge of a dying bank, are you satisfied with the recovery progress?Yes Bank was..

All bank accounts should be linked with Aadhaar by March 2021: FM

All bank accounts should be linked with Aadhaar by March 2021: FM

Banks must ensure that all accounts are linked with Aadhaar numbers of respective customers by 31 Ma..

Lenders ask bidders to sweeten their bids for troubled DHFL

Lenders ask bidders to sweeten their bids for troubled DHFL

The DHFL Committee of Creditors (CoC) met on 26 December to examine the detailed presentations made ..

Rajnish Kumar to live in a rented house in Delhi, write a book

Rajnish Kumar to live in a rented house in Delhi, write a book

MUMBAI: Rajnish Kumar is going to write a book which will chronicle his journey from Meerut in Uttar..

Federal Bank expects to restructure Rs 1,000 cr of corporate loans

Federal Bank expects to restructure Rs 1,000 cr of corporate loans

MUMBAI: Private sector lender Federal Bank is expecting to restructure loans worth Rs 3,500 crore, o..

Troubled Lakshmi Vilas Bank gets board nod to raise Rs 500 cr via rights issue

Troubled Lakshmi Vilas Bank gets board nod to raise Rs 500 cr via rights issue

MUMBAI:Lakshmi Vilas Bank, which badly needs capital to meet regulatory requirements, has got board ..

Kotak launches debit & credit card payments via Google Pay

Kotak launches debit & credit card payments via Google Pay

Kotak Mahindra Bank today announced that its VISA debit and credit cardholders can now make payments..

A look at the credit card market in India

A look at the credit card market in India

1. Credit card landscape over the last 5 yearsThe credit card landscape has changed substantially ov..

Debt restructuring figure of Rs 8 trillion is grossly overestimated

Debt restructuring figure of Rs 8 trillion is grossly overestimated

How much of bank credit would go for one-time debt restructuring under the Reserve Bank of India's s..