RBI harmonises provisioning norms for urban cooperative banks

RBI harmonises provisioning norms for urban cooperative banks

The Reserve Bank of India has harmonised the provisioning norms for standard assets applicable to al..

ICICI Bank Q4 net jumps 30% amid strong loan growth

ICICI Bank Q4 net jumps 30% amid strong loan growth

ICICI Bank, the country’s second-largest private lender, continued to report robust numbers followin..

HDFC Bank set to acquire stake in Griha Pte

HDFC Bank set to acquire stake in Griha Pte

HDFC Bank on Monday said it will acquire a “20% or more stake” in Griha Pte, a wholly-owned subsidia..

IndusInd Bank reappoints Kathpalia as MD & CEO

IndusInd Bank reappoints Kathpalia as MD & CEO

The board of IndusInd Bank has reappointed Sumant Kathpalia as managing director and CEO for a perio..

Bank of Maharashtra Q4 net soars; to add 200 branches in FY24

Bank of Maharashtra Q4 net soars; to add 200 branches in FY24

Bank of Maharashtra is planning to add 200 branches in the current financial year even as it has see..

IndusInd Bank Q4 net up 50 per cent at Rs 2,040 cr

IndusInd Bank Q4 net up 50 per cent at Rs 2,040 cr

IndusInd Bank has reported a 50% year-on-year jump in standalone net profit to Rs 2,040.51 crore for..

Yes Bank Q4 net dips 45% amid higher provisions

Yes Bank Q4 net dips 45% amid higher provisions

Private sector lender Yes Bank reported a 45% drop in net profit year-on-year for the January-March ..

SEBI bans ex-CEO of Care Ratings for two years

SEBI bans ex-CEO of Care Ratings for two years

SEBI has barred Rajesh Mokashi, former chief executive of Care Ratings, from the securities market f..

HDFC-HDFC Bank merger: RBI gives some regulatory relief

HDFC-HDFC Bank merger: RBI gives some regulatory relief

The Reserve Bank of India (RBI) has refused to grant HDFC Bank any exceptions on cash reserve ratio ..

Union Bank of India simplifies Form 15G & H submission

Union Bank of India simplifies Form 15G & H submission

State-owned Union Bank of India has simplified the annual submission of Form 15G and 15H in associat..

Bank of Baroda plans to raise up to $7 bn via debt

Bank of Baroda plans to raise up to $7 bn via debt

Bank of Baroda has got the board approval to raise up to $7 billion through bonds and issuance of ce..

RBI nod to appointment of two top executives at HDFC Bank

RBI nod to appointment of two top executives at HDFC Bank

The Reserve Bank of India (RBI) has approved the appointment of Kaizad Bharucha as deputy managing d..

More rate hikes possible as fight against inflation not over yet: MPC

More rate hikes possible as fight against inflation not over yet: MPC

The pause in interest rates is tactical and further rate hikes can’t be ruled out as the fight again..

Indian banks’ market cap falls in Q4 of FY23 on Adani exposure concerns: S&P

Indian banks’ market cap falls in Q4 of FY23 on Adani exposure concerns: S&P

Indian banks which had exposure to the embattled Adani Group posted worst declines in their market c..

Retail loans behind RBI’s pause in rate hikes

Retail loans behind RBI’s pause in rate hikes

Behind the Reserve Bank of India’s (RBI) pause in interest-rate hikes was the fear that a further ri..