SBI to set up trustee company to manage CDMDF

SBI to set up trustee company to manage CDMDF

State Bank of India (SBI) will set up a trustee company as its wholly-owned subsidiary for managing ..

Public sector banks in real danger of privatisation: AIBOC

Public sector banks in real danger of privatisation: AIBOC

Public sector banks, which play a crucial role in bridging the economic divide in society, are in “r..

Central Bank of India writes off Rs 7,856 cr, Q1 net up 78%

Central Bank of India writes off Rs 7,856 cr, Q1 net up 78%

Central Bank of India’s bad loans fell sharply for the fiscal first quarter ended June 2023 on the b..

HDFC Bank enters $100-bn m-cap club, ranks 7th in world

HDFC Bank enters $100-bn m-cap club, ranks 7th in world

HDFC Bank has entered the exclusive club of companies with a $100 billion market capitalisation, mak..

DICGC’s new directive to banks to spread deposit insurance scheme awareness

DICGC’s new directive to banks to spread deposit insurance scheme awareness

In a bid to spread awareness about the deposit insurance scheme, DICGC, the RBI subsidiary, has dire..

SBI hikes lending rates by 5 basis points

SBI hikes lending rates by 5 basis points

Borrowers will need to pay more towards EMIs as State Bank of India (SBI), the country’s largest len..

PNB moves court, seeks release of Nirav Modi’s properties

PNB moves court, seeks release of Nirav Modi’s properties

State-owned Punjab National Bank (PNB) has filed an application for the release of Nirav Modi's prop..

HDFC Bank on-boards over 1 lakh customers, 1.7 lakh merchants on CBDC

HDFC Bank on-boards over 1 lakh customers, 1.7 lakh merchants on CBDC

HDFC Bank on Thursday said it has on-boarded over 1 lakh customers and more than 1.7 lakh merchants ..

Byju’s takes support of Rajnish Kumar, Mohandas Pai

Byju’s takes support of Rajnish Kumar, Mohandas Pai

Edtech start-up Byju's has announced the appointment of former State Bank of India (SBI) chairman Ra..

Vehicle loans up 22% in May

Vehicle loans up 22% in May

Vehicle loans outstanding rose 22% year-on-year to Rs 5.09 lakh crore in May, despite the Reserve Ba..

Inflation rises to 3-month high in June

Inflation rises to 3-month high in June

India’s retail inflation rose to a three-month high of 4.81% in June, according to government data.T..

Finalise wage revision of bank employees by 1 Dec, Finmin tells IBA

Finalise wage revision of bank employees by 1 Dec, Finmin tells IBA

The wage revision for the staff of public sector banks is expected to be finalised by 1 December, af..

Flipkart to distribute Axis Bank’s personal loans

Flipkart to distribute Axis Bank’s personal loans

Walmart-owned Flipkart will be distributing Axis Bank's personal loans on the e-commerce platform.Th..

Canara Bank launches Mahila Samman Savings Certificate with 7.5% interest

Canara Bank launches Mahila Samman Savings Certificate with 7.5% interest

Canara Bank has rolled out Mahila Samman Savings Certificate, 2023 scheme across India. It may ..

Yes Bank’s loan book up 7.5%, deposits rise 13.5% in Q1

Yes Bank’s loan book up 7.5%, deposits rise 13.5% in Q1

Yes Bank posted a 7.5% year-on-year growth in loans and advances at Rs 2 trillion for the quarter en..