US Federal Reserve raises interest rates by 25 basis points

US Federal Reserve raises interest rates by 25 basis points

The Federal Reserve has hiked interest rates by another quarter of a percentage point to a range of ..

Canara Bank sells JV stake in Russia to SBI for Rs 121 crore

Canara Bank sells JV stake in Russia to SBI for Rs 121 crore

Canara Bank has sold its stake in Commercial Indo Bank LLC (CIBL) to joint venture partner State Ban..

RBI fines RBL Bank relating to loan recovery agents

RBI fines RBL Bank relating to loan recovery agents

The Reserve Bank of India (RBI) has fined private lender RBL Bank Ltd Rs 2.27 crore for not complyin..

 Indian economy not to slow down in FY24: RBI article

Indian economy not to slow down in FY24: RBI article

Unlike the global trend, the Indian economy will not slow down and maintain its pace of expansion ac..

UBS to buy Credit Suisse for $3.25bn

UBS to buy Credit Suisse for $3.25bn

Backed by the Swiss government and the regulators, UBS has agreed to acquire its troubled rival Cred..

RBI slaps Rs 5 lakh penalty on HDFC

RBI slaps Rs 5 lakh penalty on HDFC

The Reserve Bank of India (RBI) has slapped a penalty of Rs 5 lakh on Housing Development Finance Co..

NCLT approves HDFC-HDFC Bank merger

NCLT approves HDFC-HDFC Bank merger

The National Company Law Tribunal (NCLT) on Friday has approved the HDFC-HDFC Bank merger.The propos..

FSIB recommends Ashwani Kumar for MD post of UCO Bank

FSIB recommends Ashwani Kumar for MD post of UCO Bank

Ashwani Kumar’s name has been recommended by FSIB, the headhunter for directors of state-owned banks..

Shaktikanta Das bags Governor of the Year award

Shaktikanta Das bags Governor of the Year award

Reserve Bank of India (RBI) Governor Shaktikanta Das has been awarded the  'Governor of the Yea..

SBI to increase base rate by 70 basis points

SBI to increase base rate by 70 basis points

State Bank of India (SBI) will raise its base rate and Benchmark Prime Lending Rate (BPLR) from 15 M..

India’s retail inflation eases to 6.4% in Feb

India’s retail inflation eases to 6.4% in Feb

Retail inflation dipped marginally to 6.44% in February but stayed outside the Reserve Bank of India..

Adani further prepays loans

Adani further prepays loans

The Adani Group has repaid loans aggregating $2.65 billion to complete a prepayment programme ahead ..

Watch out for Yes Bank shares as 3-year lock-in ends

Watch out for Yes Bank shares as 3-year lock-in ends

As the Reserve Bank of India-mandated three-year lock-in period for individual investors and exchang..

Bank of Maharashtra slashes home loan rates to 8.40%

Bank of Maharashtra slashes home loan rates to 8.40%

Bank of Maharashtra is offering one of the lowest rate of interest on home loans as it seeks to attr..

Adani Group firms pledge more shares

Adani Group firms pledge more shares

The promoters of Adani Group have pledged more shares as security for loans.SBICap Trustee Company, ..