SBI to raise $2 bn via debt in FY24

SBI to raise $2 bn via debt in FY24

State Bank of India (SBI) will raise up to $2 billion in debt in the current financial year.The comp..

Bank of Maharashtra hikes lending rates

Bank of Maharashtra hikes lending rates

State-owned Bank of Maharashtra (BoM) on Monday announced increase in the marginal cost of funds-bas..

HDFC Bank to expand branches and aggressively grow deposits

HDFC Bank to expand branches and aggressively grow deposits

HDFC Bank will continue to aggressively add branches and mobilise deposits even as it awaits all reg..

RBI starts evaluating five potential bidders for IDBI Bank

RBI starts evaluating five potential bidders for IDBI Bank

The Reserve Bank of India (RBI) has begun evaluating at least five potential bidders interested in p..

How RBI’s proposal on penal charges could impact banks’ revenues

How RBI’s proposal on penal charges could impact banks’ revenues

The Reserve Bank of India (RBI) has issued a draft circular on penal charges levied by banks and non..

Credit growth at 11-year high despite rise in lending rates

Credit growth at 11-year high despite rise in lending rates

Despite rising interest rates, global uncertainties and supply-chain issues, loan growth in FY2023 h..

HDFC Bank inks $300-mn pact with Korea Exim Bank

HDFC Bank inks $300-mn pact with Korea Exim Bank

HDFC Bank has signed a ‘Master Inter Bank Credit Agreement’ with Export Import Bank of Korea for a U..

Canara Bank, Bharat BillPay tie up for cross-border bill payments

Canara Bank, Bharat BillPay tie up for cross-border bill payments

Canara Bank and NPCI Bharat BillPay Ltd (NBBL) have launched cross-border inward bill payment servic..

Canara Bank raises MCLR, retains retail lending rates

Canara Bank raises MCLR, retains retail lending rates

Canara Bank has kept its interest rate on retail loans unchanged while raising the MCLR-based lendin..

RBI watches as inflation falls to 15-month low

RBI watches as inflation falls to 15-month low

India’s retail inflation fell to a 15-month low of 5.66% in March, triggering speculation that the R..

DBS Bank India looks to enter affordable home loan segment

DBS Bank India looks to enter affordable home loan segment

DBS Bank India will enter the affordable home loan segment by the end of this financial year as it s..

Maruti, IDFC First Bank partner to offer vehicle loans

Maruti, IDFC First Bank partner to offer vehicle loans

Maruti Suzuki India has tied up with IDFC First Bank to offer vehicle loans to its customers.The two..

HDFC Bank mulls raising Rs 50,000 crore in FY24

HDFC Bank mulls raising Rs 50,000 crore in FY24

HDFC Bank will consider raising Rs 50,000 crore through bonds over the next 12 months on a private p..

Small savings schemes become competitive with bank FDs

Small savings schemes become competitive with bank FDs

The government has raised the interest rates of small savings schemes by up to 70 basis points for t..

After Hindustan Photo Films’ death, NCLT parcels land

After Hindustan Photo Films’ death, NCLT parcels land

For decades this company kept our memories alive through its photo films. Then the iconic Hindustan ..