SBI raises Rs 2,500 cr via bonds

SBI raises Rs 2,500 cr via bonds

State Bank of India has raised Rs 2,500 crore from bonds to fund business growth. Last month, SBI ha..

Who stands to gain if RBI panel proposals sail through

Who stands to gain if RBI panel proposals sail through

The RBI had constituted an internal working group on 12 June to review ownership guidelines and corp..

DBS-Lakshmi Vilas Bank deal precursor to many such takeovers by foreign banks: AIBEA

DBS-Lakshmi Vilas Bank deal precursor to many such takeovers by foreign banks: AIBEA

Employees of Lakshmi Vilas Bank (LVB) have written to the Reserve Bank of India (RBI) to reconsider ..

SBI Q2 net up 52%, retail drives loan growth

SBI Q2 net up 52%, retail drives loan growth

State Bank of India reported a 52% rise in net profit to Rs 4,574 crore for the quarter ended 30 Sep..

SBI raises $1 billion loan from Japanese lenders

SBI raises $1 billion loan from Japanese lenders

State Bank of India ( SBI), the country's largest lender, has signed a loan agreement up to $1 billi..

India's GDP may take years to regain lost output: RBI deputy governor

India's GDP may take years to regain lost output: RBI deputy governor

MUMBAI: Reserve Bank of India (RBI) governor Shaktikanta Das and deputy governor Michael Patra expec..

RBL Q2 net up, retail lending sees growth

RBL Q2 net up, retail lending sees growth

Private sector lender RBL Bank has seen a huge jump in standalone net profit for the quarter ended S..

Rajkiran Rai is new IBA chairman

Rajkiran Rai is new IBA chairman

MUMBAI: Union Bank of India managing director and CEO Rajkiran Rai G has been elected as the new cha..

Equitas Small Finance Bank plans to raise Rs 517 cr via IPO

Equitas Small Finance Bank plans to raise Rs 517 cr via IPO

MUMBAI: Equitas Small Finance Bank, a subsidiary of Equitas Holdings, has fixed the price band at Rs..

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 ..

Retail inflation up 7.61% in Oct due to food prices

Retail inflation up 7.61% in Oct due to food prices

The growth rate of India's retail inflation climbed 7.61% in October, the highest since May 2014, du..

Dinesh Khara is new SBI chairman

Dinesh Khara is new SBI chairman

Dinesh Kumar Khara is the new State Bank of India chairman. He replaces Rajnish Kumar, who completed..