RBI bars Bajaj Finance from lending under two products

RBI bars Bajaj Finance from lending under two products

The Reserve Bank of India (RBI) has barred Bajaj Finance from lending under two of its loan products..

SBI chairman on unsecured loans, lending margins, CASA focus

SBI chairman on unsecured loans, lending margins, CASA focus

State Bank of India’s lending margins may get compressed by 3-5 basis points due to deposit repricin..

High growth in unsecured loans to remain even if risk weights increase

High growth in unsecured loans to remain even if risk weights increase

Growth in the unsecured loan segment will remain strong even if the Reserve Bank of India (RBI) incr..

Bank of Maharashtra, Central Bank of India CEOs get tenure extension

Bank of Maharashtra, Central Bank of India CEOs get tenure extension

The chief executives of Bank of Maharashtra and Central Bank of India have got an extension of term ..

Bank of Maharashtra tops loan, deposit growth among PSU lenders in Q2

Bank of Maharashtra tops loan, deposit growth among PSU lenders in Q2

Bank of Maharashtra has retained the top spot among public sector lenders in loan and deposit growth..

RBI fines PNB, Federal Bank, 2 others

RBI fines PNB, Federal Bank, 2 others

The Reserve Bank of India (RBI) has penalised Punjab National Bank, Federal Bank, Kosamattam Finance..

SBI Q2 net up 8% at Rs 14,330 cr

SBI Q2 net up 8% at Rs 14,330 cr

State Bank of India (SBI) reported an 8.03% year-on-year rise in net profit to Rs 14,330.02 crore fo..

ESAF raises Rs 135 cr from anchor investors ahead of IPO

ESAF raises Rs 135 cr from anchor investors ahead of IPO

ESAF Small Finance Bank has raised Rs 135.15 crore from 11 anchor investors on 2 November, ahead of ..

Only Rs 10,000 cr worth of 2,000-rupee notes still with public: RBI

Only Rs 10,000 cr worth of 2,000-rupee notes still with public: RBI

More than 97% of the Rs 2,000 banknotes have returned to the banking system and only about Rs 10,000..

SBI’s debt sale could prove costly for other lenders

SBI’s debt sale could prove costly for other lenders

The decision by State Bank of India to accept slightly higher-than-expected yields at its Tier-II bo..

ESAF fixes IPO price band at Rs 57-60

ESAF fixes IPO price band at Rs 57-60

Kerala-headquartered ESAF Small Finance Bank has fixed the price band for its initial public offerin..

RBI keeps close watch on high attrition at some private banks

RBI keeps close watch on high attrition at some private banks

Attrition is seen to be high at some private sector banks and the Reserve Bank of India (RBI) is wat..

DCCBs can now shut branches without prior notice to RBI

DCCBs can now shut branches without prior notice to RBI

The Reserve Bank of India (RBI) has allowed District Central Co-operative Banks (DCCB) to close thei..

IDFC First Bank Q2 net up 35% at Rs 751 crore

IDFC First Bank Q2 net up 35% at Rs 751 crore

IDFC First Bank reported a 35% rise in net profit to Rs 751 crore in the quarter ended September com..

Union Bank of India Q2 net up 90% at Rs 3,511 crore

Union Bank of India Q2 net up 90% at Rs 3,511 crore

Union Bank of India reported a 90% year-on-year jump in net profit to Rs 3,511 crore amid a sharp fa..