SBI Card reports two-fold rise in Q1 net profit

SBI Card reports two-fold rise in Q1 net profit

SBI Cards and Payment Services Ltd (SBI Card) has reported a two-fold rise in net profit to Rs 627 c..

RBI raises repo rate by 50 bps, inflation forecast to 6.7%

RBI raises repo rate by 50 bps, inflation forecast to 6.7%

Continuing its fight against rising inflation, the Reserve bank of India (RBI) has increased the rep..

Inflation hits 8-year high, RBI set to hike repo  rate

Inflation hits 8-year high, RBI set to hike repo rate

The inflation wolf has grown in size, making it almost certain that the Reserve Bank of India (RBI) ..

PNB reports Rs 2,060 cr loan to IL&FS TN co as fraud

PNB reports Rs 2,060 cr loan to IL&FS TN co as fraud

State-run Punjab National Bank (PNB) has reported a fraud of Rs 2,060 crore in the non-performing ac..

SBI stops transactions with sanctioned Russian entities: Report

SBI stops transactions with sanctioned Russian entities: Report

State Bank of India (SBI) will not process any transactions involving Russian entities subject to in..

RBL Bank shares tank on report of Rs 300-cr loan write-off

RBL Bank shares tank on report of Rs 300-cr loan write-off

Shares of RBL Bank hit a 52-week low following a news report that the private lender wrote off a Rs ..

RBI’s report card on banking frauds in H1 of FY22

RBI’s report card on banking frauds in H1 of FY22

The number of fraud cases in banking operations has increased while its value has fallen during the ..

MPC member Varma wants RBI reverse repo rate to be raised

MPC member Varma wants RBI reverse repo rate to be raised

Prof. Jayanth R Varma, the only monetary policy member (MPC) to vote against the Reserve Bank of Ind..

RBI leaves repo rate unchanged; ups inflation estimate

RBI leaves repo rate unchanged; ups inflation estimate

The Reserve Bank of India (RBI) has kept the key policy rate (repo rate) unchanged at 4% for the sev..

SBI reports record quarterly profit, net at Rs 6,504 cr

SBI reports record quarterly profit, net at Rs 6,504 cr

State Bank of India (SBI) reported its highest quarterly net profit, seeing a 55% surge in the June ..

Regulators to examine PNB Housing Finance-Carlyle deal: Report

Regulators to examine PNB Housing Finance-Carlyle deal: Report

Reserve Bank of India as well as Sebi will look into various regulatory issues related to the propos..

RBI's PCA move helped reposition IDBI Bank

RBI's PCA move helped reposition IDBI Bank

Are you personally happy with the way the events have unfolded over two decades, especially that the..

RBI leaves repo rate unchanged

RBI leaves repo rate unchanged

The Reserve Bank of India (RBI) has left the benchmark interest rate unchanged at a record low at 4%..

Corporate affairs ministry probes irregularities at Edelweiss' ARC arm: Report

Corporate affairs ministry probes irregularities at Edelweiss' ARC arm: Report

Responding to a whistleblower’s allegations, the Ministry of Corporate Affairs (MCA) has reportedly ..

Banks to report Covid-19 debt restructuring separately

Banks to report Covid-19 debt restructuring separately

The Reserve Bank of India (RBI) on Friday asked banks and other lenders to separately report to cred..