Bank of Baroda to sell its Oman biz

Bank of Baroda to sell its Oman biz

Streamlining its foreign operations, Bank of Baroda has decided to sell its Oman operation to Bank D..

Raghuram Rajan against excluding food prices from inflation calculations

Raghuram Rajan against excluding food prices from inflation calculations

Former Reserve Bank of India Governor Raghuram Rajan has cautioned against excluding food prices fro..

Raghuram Rajan speaks on Sebi chief Buch’s row

Raghuram Rajan speaks on Sebi chief Buch’s row

Former Reserve Bank of India Governor Raghuram Rajan has said that a more detailed response is neede..

HDFC Bank sells Rs 6,000 cr home loans to trim credit book

HDFC Bank sells Rs 6,000 cr home loans to trim credit book

HDFC Bank has sold a housing loan portfolio of about Rs 6,000 crore ($717 million) as part of the ex..

PNB raises Rs 5,000 cr via QIP

PNB raises Rs 5,000 cr via QIP

State-owned Punjab National Bank (PNB) has raised Rs 5,000 crore through an issue of equity shares t..

IDFC-IDFC First Bank merger effective 1 Oct

IDFC-IDFC First Bank merger effective 1 Oct

IDFC Ltd’s merger with IDFC First Bank will be effective from 1 October.The private lender earlier g..

Manian takes charge as Federal Bank head

Manian takes charge as Federal Bank head

KVS Manian has taken charge as the new managing director & CEO of Federal Bank, succeeding Shyam..

IMPS fraud: UCO Bank has slim chance of full recovery this fiscal

IMPS fraud: UCO Bank has slim chance of full recovery this fiscal

UCO Bank has recovered about 90% of the Rs 820 crore which was erroneously transferred to several of..

RBI’s rate cut conundrum

RBI’s rate cut conundrum

The Reserve Bank of India (RBI) is set to chart a course different from the US Federal Reserve as it..

RBI lifts ban on IIFL Finance’s gold loan biz

RBI lifts ban on IIFL Finance’s gold loan biz

The Reserve Bank of India (RBI) has lifted restrictions on IIFL Finance’s gold loan business.The ban..

RBI approves re-appointment of Vaidyanathan as IDFC First Bank MD & CEO

RBI approves re-appointment of Vaidyanathan as IDFC First Bank MD & CEO

The Reserve Bank of India (RBI) has approved the re-appointment of V Vaidyanathan as the managing di..

Jana SFB offers 6.75% interest rate on short-term deposits

Jana SFB offers 6.75% interest rate on short-term deposits

Jana Small Finance Bank is offering a flat 6.75% interest rate for short term deposits, with tenures..

SBI sanctions Rs 10,050-cr project loan to DVC

SBI sanctions Rs 10,050-cr project loan to DVC

State Bank of India, the country's largest lender, has sanctioned a project loan of Rs 10,050 crore ..

Yes Bank stake sale hits regulatory wall as RBI against 51% purchase

Yes Bank stake sale hits regulatory wall as RBI against 51% purchase

Yes Bank’s stake sale has hit a regulatory wall as the Reserve Bank of India (RBI) is not in favour ..

HDFC Bank in talks with global banks to sell $1 bn in loans

HDFC Bank in talks with global banks to sell $1 bn in loans

HDFC Bank, India’s largest private sector lender, is in talks with several global banks to offload n..