Here’s why RBI penalises two leading private sector banks

Here’s why RBI penalises two leading private sector banks

The Reserve Bank of India (RBI) has imposed penalties totalling Rs 2.91 crore on Axis Bank and HDFC ..

PNB credit card rolls out offers for Zomato, Blinkit users

PNB credit card rolls out offers for Zomato, Blinkit users

Punjab National Bank (PNB) has tied up with Zomato and Blinkit to offer exclusive discounts to their..

Sanjeev Mehta quits Standard Chartered Bank

Sanjeev Mehta quits Standard Chartered Bank

Sanjeev Mehta has stepped down as Standard Chartered Bank's managing director and head of transactio..

RBI penalises Housing and Urban Development Corporation

RBI penalises Housing and Urban Development Corporation

The Reserve Bank of India (RBI) has slapped penalties on three entities, including Housing and Urban..

Karnataka govt withdraws boycott circular as SBI, PNB repay Rs 23 crore

Karnataka govt withdraws boycott circular as SBI, PNB repay Rs 23 crore

The Karnataka government has withdrawn its boycott of the State Bank of India (SBI) and Punjab Natio..

SBI to shift to cash-flow based lending to MSMEs: Chairman

SBI to shift to cash-flow based lending to MSMEs: Chairman

State Bank of India is planning to shift from collaterals to cash flow-based lending for all loans t..

AU SFB seeks RBI nod to become universal bank

AU SFB seeks RBI nod to become universal bank

Jaipur-based AU Small Finance Bank has submitted an application to the Reserve Bank of India (RBI) t..

FSIB backs Rama Mohan Rao Amara for SBI MD post

FSIB backs Rama Mohan Rao Amara for SBI MD post

Rama Mohan Rao Amara is set to be elevated to the position of managing director of State Bank of Ind..

IBA to seek easing of RBI’s proposed norms for retail deposits

IBA to seek easing of RBI’s proposed norms for retail deposits

The Indian Banks’ Association (IBA) is likely to ask the central bank to reduce the amount of additi..

SBI not to get into rate war for deposits: Chairman Setty

SBI not to get into rate war for deposits: Chairman Setty

State Bank of India will not get into a rate war for deposits despite the pressure persisting in the..

Efforts on to make UPI, RuPay truly global, says RBI Governor

Efforts on to make UPI, RuPay truly global, says RBI Governor

Reserve Bank of India (RBI) is making efforts to make UPI and RuPay truly global, Governor Shaktikan..

Setty takes charge as SBI chairman with these goals

Setty takes charge as SBI chairman with these goals

Taking charge at a time when State Bank of India has touched peak profits, the new chairman C S Sett..

SBI to focus on small-ticket deposits to boost liquidity: MD Tewari

SBI to focus on small-ticket deposits to boost liquidity: MD Tewari

Correction in equity markets over time can help banks get back the deposits it has ceded, State Bank..

PNB adds two features to its WhatsApp banking services

PNB adds two features to its WhatsApp banking services

Punjab National Bank (PNB) has added two features to upgrade its WhatsApp banking services. The bank..

RBI to launch ULI to ease credit flow to small borrowers

RBI to launch ULI to ease credit flow to small borrowers

After UPI has revolutionised the retail payment system, the Reserve Bank of India (RBI) is all set t..