SBI board approves Rs 10,000 cr fundraise via infra bonds

SBI board approves Rs 10,000 cr fundraise via infra bonds

State Bank of India (SBI) has approved raising Rs 10,000 crore through infrastructure bonds during t..

SBI to consider raising Rs 10,000 cr via infra bonds

SBI to consider raising Rs 10,000 cr via infra bonds

State Bank of India (SBI) will consider raising funds by issuing up to Rs 10,000 crore of infrastruc..

No charge for RuPay credit card use on UPI for transactions up to Rs 2,000

No charge for RuPay credit card use on UPI for transactions up to Rs 2,000

There will be no charge for RuPay credit card use on Unified Payments Interface (UPI) for transactio..

Yes Bank approves sale of Rs 48,000-cr bad loans to JC Flowers ARC

Yes Bank approves sale of Rs 48,000-cr bad loans to JC Flowers ARC

Yes Bank’s board has approved the sale of stressed assets worth Rs 48,000 crore to JC Flowers ARC.Ye..

Loan outreach: Bank of Maharashtra sanctions Rs 1,000 cr

Loan outreach: Bank of Maharashtra sanctions Rs 1,000 cr

In an aggressive credit outreach programme, Bank of Maharashtra has sanctioned loans worth about Rs ..

Google removes 2,000 loan apps since Jan

Google removes 2,000 loan apps since Jan

Google has removed over 2,000 loan apps from India Play Store since January this year for violating ..

NTPC to raise Rs 5,000 cr term loan from banks

NTPC to raise Rs 5,000 cr term loan from banks

State-owned power giant NTPC plans to raise Rs 5,000 crore term loan from banks and financial instit..

Bank of Baroda eyes Rs 13,000-cr recovery in FY23

Bank of Baroda eyes Rs 13,000-cr recovery in FY23

Bank of Baroda is expecting a sharp improvement in its asset quality as it targets recovery of Rs 13..

SBI plans to raise Rs 11,000 cr in FY23

SBI plans to raise Rs 11,000 cr in FY23

State Bank of India (SBI) has received board approval to raise up to Rs 11,000 crore through issuanc..

HDFC Bank loses Rs 50,000-cr corporate loans to competition due to rate hike

HDFC Bank loses Rs 50,000-cr corporate loans to competition due to rate hike

HDFC Bank has paid a price for hiking interest rates on loans.  The country’s largest private l..

Yes Bank gets JC Flowers ARC to unload Rs 48,000 cr of bad loans

Yes Bank gets JC Flowers ARC to unload Rs 48,000 cr of bad loans

Yes Bank on Friday said it has signed a term sheet with JCF ARC LLC and JC Flowers Asset Reconstruct..

Banks to post Rs 13,000 cr MTM losses in Q1: ICRA

Banks to post Rs 13,000 cr MTM losses in Q1: ICRA

Rating agency ICRA expects banks to remain profitable in the first quarter of FY23, despite mark-to-..

Canara Bank board approves capital raise of Rs 9,000 cr in FY23

Canara Bank board approves capital raise of Rs 9,000 cr in FY23

The board of Canara Bank on 24 June approved a Rs 9,000 crore capital raising plan through a combina..

No OTP required for auto-debit transactions of up to Rs 15,000

No OTP required for auto-debit transactions of up to Rs 15,000

For auto-transactions up to Rs 15,000, customers will not have to authenticate such payments through..

Rs 2,000 currency notes shrink to account for just 1.6% of total circulation: RBI

Rs 2,000 currency notes shrink to account for just 1.6% of total circulation: RBI

India’s highest denomination currency note of Rs 2,000, introduced in November 2016 soon after demon..