SBI’s loan exposure to Adani group is $2.6 billion

SBI’s loan exposure to Adani group is $2.6 billion

State Bank of India’s (SBI) loan exposure to the Adani companies is three times that of what Punjab ..

Customers get time till Dec-end to renew locker agreements with banks

Customers get time till Dec-end to renew locker agreements with banks

The Reserve Bank of India (RBI) has extended the deadline till December-end for banks to enter into ..

Retail inflation eases to 5.72% in December

Retail inflation eases to 5.72% in December

India’s retail inflation eased to a one-year low of 5.72 % and stayed below the RBI’s upper toleranc..

Chanda Kochhar, husband out on bail

Chanda Kochhar, husband out on bail

The Kochhars, arrested in connection with the ICICI Bank-Videocon loan case, are out on bail. Former..

RBI details process for re-KYC

RBI details process for re-KYC

Bank customers need to update their KYC by furnishing a fresh KYC (know your customer) or re-KYC in ..

IPRS files insolvency case against Zee Entertainment

IPRS files insolvency case against Zee Entertainment

The Indian Performing Right Society (IPRS) has filed an insolvency case against Zee Entertainment En..

Retail loans can become a systemic risk, cautions RBI

Retail loans can become a systemic risk, cautions RBI

Retail loans, which had grown exponentially while corporate credit stayed muted in the last couple o..

Venugopal Dhoot, Chanda and Deepak Kochhar sent to CBI custody till 28 Dec

Venugopal Dhoot, Chanda and Deepak Kochhar sent to CBI custody till 28 Dec

A CBI court on Monday remanded former ICICI Bank CEO and MD Chanda Kochhar, her husband Deepak Kochh..

Top 50 wilful defaulters owe banks Rs 92,570 cr

Top 50 wilful defaulters owe banks Rs 92,570 cr

The top 50 wilful defaulters in India owed banks Rs 92,570 crore as of March 2022, with Gitanjali Ge..

HDFC Bank looks to issue a million credit cards a month

HDFC Bank looks to issue a million credit cards a month

HDFC Bank is planning to make up for its lost ground in the credit card business after the Reserve B..

Banks to see record credit growth of Rs 19 trillion in FY23: ICRA

Banks to see record credit growth of Rs 19 trillion in FY23: ICRA

Bank credit growth is expected to touch a new high, surpassing the Rs 19 trillion in the current fis..

IDFC First Bank unveils ‘zero-fee banking’ on savings accounts

IDFC First Bank unveils ‘zero-fee banking’ on savings accounts

IDFC First Bank has waived charges on a number of customer-centric services such as cash deposits, w..

SBI’s personal loan book crosses Rs 5-trillion mark

SBI’s personal loan book crosses Rs 5-trillion mark

State Bank of India (SBI) has put a new feather in its cap by crossing the Rs 5-trillion mark in per..

RBI to launch pilot of retail digital rupee on December 1

RBI to launch pilot of retail digital rupee on December 1

The Reserve Bank of India (RBI) will launch the first pilot for retail digital rupee on 1 December 2..

Adani, Ambani bid for Future Retail

Adani, Ambani bid for Future Retail

Gautam Adani and Mukesh Ambani are at it again, this time to acquire the stressed assets of Future R..