Union Bank of India has loan pipeline of Rs 55,000 crore

Union Bank of India has loan pipeline of Rs 55,000 crore

Union Bank of India has about Rs 55,000 crore of loan proposals under various stages of approval whi..

Union Bank of India Q4 net up 93%, asset quality improves

Union Bank of India Q4 net up 93%, asset quality improves

Union Bank of India reported a 93.3% year-on-year rise in standalone net profit to Rs 2,782 crore fo..

NCLT reserves order on Go First’s plea seeking interim moratorium

NCLT reserves order on Go First’s plea seeking interim moratorium

The National Company Law Tribunal (NCLT) on Thursday reserved its order on embattled airline Go Firs..

Banks have Rs 6,521 crore exposure as Go First files for bankruptcy

Banks have Rs 6,521 crore exposure as Go First files for bankruptcy

Just a week after Reserve Bank of India (RBI) Governor Shaktikanta Das said that bad loans of Indian..

UCO Bank records highest-ever net profit for fiscal; to raise Rs 2,000 cr

UCO Bank records highest-ever net profit for fiscal; to raise Rs 2,000 cr

State-owned UCO Bank has reported its highest-ever net profit for a full-fiscal year and is planning..

Punjab & Sind Bank plans branch expansion, fundraising in FY24

Punjab & Sind Bank plans branch expansion, fundraising in FY24

Punjab & Sind Bank is planning to add 20 branches and raise Rs 250 crore in FY24 to fuel its gro..

India not to allow entry of large corporates into banking: Vaghul

India not to allow entry of large corporates into banking: Vaghul

India will never allow large corporates to open a bank and it will all be professional banking, ..

Finance ministry wants PSBs to up recovery rate from write-offs to 40%

Finance ministry wants PSBs to up recovery rate from write-offs to 40%

The Finance Ministry has asked state-owned banks to shore up their low recovery rate from written of..

Bank of Baroda, Bank of India get new bosses

Bank of Baroda, Bank of India get new bosses

The government has appointed Rajneesh Karnatak as managing director of Bank of India (BoI) and Debad..

Hinduja Group sole bidder for Reliance Capital

Hinduja Group sole bidder for Reliance Capital

The Hinduja Group has emerged as the lone bidder for the bankrupt Reliance Capital (RCap) on the sec..

Axis Bank slips to Q4 net loss of Rs 5,728 cr on Citi buy

Axis Bank slips to Q4 net loss of Rs 5,728 cr on Citi buy

The acquisition of Citibank’s consumer business in India has pulled down Axis Bank’s results with th..

SBI raises $750 mn via 5-year bonds

SBI raises $750 mn via 5-year bonds

State Bank of India, the country’s largest lender, has concluded the sale of $750-million senior 5-y..

RBI closely monitoring biz models of banks: Guv Shaktikanta Das

RBI closely monitoring biz models of banks: Guv Shaktikanta Das

The Reserve Bank of India (RBI) has started closely monitoring the business models of banks and fina..

Union Bank of India plans to raise Rs 10,100 cr

Union Bank of India plans to raise Rs 10,100 cr

Union Bank of India’s board has approved raising up to Rs 10,100 crore through a mix of debt and equ..

RBI fines four co-operative banks

RBI fines four co-operative banks

The Reserve Bank of India (RBI) has penalised four co-operative banks amounting to a total of Rs 44 ..