Old pension scheme needs updation, says bank union leader

Old pension scheme needs updation, says bank union leader

The Central Government and the Indian Banks’ Association (IBA) are sticking to their hard stance of ..

Bank of Baroda withdraws auction notice to sell Sunny Deol’s Juhu villa

Bank of Baroda withdraws auction notice to sell Sunny Deol’s Juhu villa

Bank of Baroda, which had put actor and Member of Parliament Sunny Deol’s villa in Mumbai’s Juhu loc..

Canara Bank launches UPI Interoperable Digital Rupee mobile app

Canara Bank launches UPI Interoperable Digital Rupee mobile app

Canara Bank has launched UPI Interoperable Digital Rupee mobile application as a part of the Reserve..

RBI issues guidelines to regulate penal charges on loans

RBI issues guidelines to regulate penal charges on loans

The Reserve Bank of India (RBI) has directed banks and non-banking financial companies (NBFCs) not t..

RBI approves former Citibank MD as head of South Indian Bank

RBI approves former Citibank MD as head of South Indian Bank

The Reserve Bank of India has approved the appointment of PR Seshadri as managing director and CEO o..

Banks need to follow these RBI rules at time of resetting loans

Banks need to follow these RBI rules at time of resetting loans

The Reserve Bank of India (RBI) has laid down the guidelines allowing individual borrowers of home, ..

Abhijit Chakravorty takes charge as SBI Card CEO

Abhijit Chakravorty takes charge as SBI Card CEO

Abhijit Chakravorty has taken over as the managing director and CEO of SBI Card, India’s largest pur..

Inflation gallops to 15-month high of 7.4% in July

Inflation gallops to 15-month high of 7.4% in July

India’s retail inflation spiked to a 15-month high of 7.44% in July, breaching the Reserve Bank of I..

RBI’s CRR hike move to impact margins of banks in Q2

RBI’s CRR hike move to impact margins of banks in Q2

The margins of banks will be impacted and temporary liquidity mismatches created for some of them af..

Union Bank of India gets new aggression to chase targets

Union Bank of India gets new aggression to chase targets

Just after Union Bank of India posted its highest-ever operating profit of Rs 25,467 crore in FY23, ..

Rate cut unlikely in FY24 as RBI revises inflation forecast

Rate cut unlikely in FY24 as RBI revises inflation forecast

The Reserve Bank of India (RBI) will most likely not go for an interest-rate cut in the current fina..

Bank of Maharashtra drops home, car loan rates by up to 20 bps

Bank of Maharashtra drops home, car loan rates by up to 20 bps

State-owned Bank of Maharashtra has cut the interest rate on home and car loans by up to 20 basis po..

Funding is main risk post-merger, says HDFC Bank CEO Jagdishan

Funding is main risk post-merger, says HDFC Bank CEO Jagdishan

Funding is the main challenge HDFC Bank faces after the $40-billion amalgamation with its parent HDF..

Canara Bank, Bank of Baroda raise lending rates

Canara Bank, Bank of Baroda raise lending rates

Canara Bank and Bank of Baroda have raised the marginal cost of funds-based lending rates (MCLR) by ..

Repo rate unchanged; other key highlights of RBI policy

Repo rate unchanged; other key highlights of RBI policy

The Reserve Bank of India (RBI) has kept the repo rate unchanged at 6.50% for the third time in a ro..