Bank of Maharashtra slashes home loan rate by 15 bps

Bank of Maharashtra slashes home loan rate by 15 bps

State- owned Bank of Maharashtra has cut its home loan rate by 15 basis points to 8.35% as part of i..

RBI proposes new norms on dividend payouts by banks

RBI proposes new norms on dividend payouts by banks

The Reserve Bank of India (RBI) has proposed allowing banks having net non-performing assets (NPAs) ..

Customer complaints against credit information bureaus on the rise: RBI

Customer complaints against credit information bureaus on the rise: RBI

Customer complaints against credit information companies (CICs) has seen a rise, the Reserve Bank of..

RBI issues fresh guidelines on unclaimed deposits, inoperative accounts

RBI issues fresh guidelines on unclaimed deposits, inoperative accounts

The Reserve Bank of India (RBI) has issued comprehensive guidelines on unclaimed deposits, making ba..

Vaidyanathan readies IDFC First Bank for takeoff

Vaidyanathan readies IDFC First Bank for takeoff

As the sun sets on 2023, IDFC First Bank chief executive officer V Vaidyanathan will have plenty to ..

Bank credit to industry slows in November

Bank credit to industry slows in November

Bank credit growth to industry decelerated to 6.1% in November versus 13% a year ago, data from the ..

PNB gets board nod to raise Rs 7,500 crore

PNB gets board nod to raise Rs 7,500 crore

Punjab National Bank’s board has approved a proposal to raise Rs 7,500 crore capital through QIP or ..

New norms for penal charges on loans: RBI gives banks, NBFCs 3 more months

New norms for penal charges on loans: RBI gives banks, NBFCs 3 more months

The Reserve Bank of India (RBI) has granted three more months to banks and non-banking financial com..

Govt hikes interest rate on two small savings schemes

Govt hikes interest rate on two small savings schemes

The government has hiked the interest rates on Sukanya Samriddhi scheme by 20 basis points and three..

RBI to act early to prevent risk build-up: Governor Shaktikanta Das

RBI to act early to prevent risk build-up: Governor Shaktikanta Das

Reserve Bank of India Governor Shaktikanta Das on Thursday said India is one of the fastest growing ..

Bank of Baroda hikes interest rates on deposits

Bank of Baroda hikes interest rates on deposits

Soon after State Bank of India (SBI) hiked deposit rates, Bank of Baroda announced an increase in in..

SBI, HDFC Bank, ICICI Bank in RBI’s systematically important bank list

SBI, HDFC Bank, ICICI Bank in RBI’s systematically important bank list

In the Reserve Bank of India’s latest list of domestic systematically important banks (D-SIBs), Stat..

Banks’ bad assets fall to multi-year low of 0.8%: RBI

Banks’ bad assets fall to multi-year low of 0.8%: RBI

Net non-performing assets (NPA) ratio of banks declined to a multi-year low of 0.8% at the end of Se..

SBI hikes FD interest rates by up to 50 bps

SBI hikes FD interest rates by up to 50 bps

State Bank of India (SBI) has raised interest rates on fixed deposits (FDs) by up to 50 basis points..

Banks’ asset quality improves to 10-year high: RBI

Banks’ asset quality improves to 10-year high: RBI

The gross non-performing asset (NPA) ratio of Indian banks continued to show improvement in the seco..