Union Bank of India mobilises Rs 17.58 cr under Mahila Samman Savings Certificate

Union Bank of India mobilises Rs 17.58 cr under Mahila Samman Savings Certificate

Union Bank of India has mobilised Rs 17.58 crore in 5,653 Mahila Samman Savings Certificate (MSSC) b..

Retail loans pace up, large borrowers' share falls

Retail loans pace up, large borrowers' share falls

Retail loans have grown faster and the share of large borrowers in gross advances have declined succ..

Indian economy resilient amid global headwind: RBI Guv

Indian economy resilient amid global headwind: RBI Guv

The Indian economy has made a solid recovery and is among the fastest-growing large economies despit..

Retail loans major contributor to bank credit growth

Retail loans major contributor to bank credit growth

India’s bank credit growth has been powered by retail lending over the last few years and this is cy..

UPI to account for 90% of retail digital transactions in 5 years: RBI bulletin

UPI to account for 90% of retail digital transactions in 5 years: RBI bulletin

Unified Payments Interface (UPI) is expected to account for 90% of retail digital transactions volum..

ARCs’ retail loan recovery slows down by 35% due to OTS scheme

ARCs’ retail loan recovery slows down by 35% due to OTS scheme

Recoveries by asset reconstruction companies (ARCs) across retail loans such as housing and MSME hav..

Compromise settlement with wilful defaulters not new, says RBI

Compromise settlement with wilful defaulters not new, says RBI

The Reserve Bank of India (RBI) has clarified that a compromise settlement with wilful defaulters is..

Why compromise settlement with wilful defaulters is being opposed

Why compromise settlement with wilful defaulters is being opposed

The Reserve Bank of India’s (RBI) decision to allow wilful defaulters and loan accounts involved in ..

Retail inflation eases to 18-month low of 4.7% in April

Retail inflation eases to 18-month low of 4.7% in April

Retail inflation in India has cooled to an 18-month low of 4.7% in April, making the RBI Governor Sh..

Banks have Rs 6,521 crore exposure as Go First files for bankruptcy

Banks have Rs 6,521 crore exposure as Go First files for bankruptcy

Just a week after Reserve Bank of India (RBI) Governor Shaktikanta Das said that bad loans of Indian..

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..

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..

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 ..

Bank of Maharashtra’s total biz crosses Rs 4 lakh crore milestone in Q4

Bank of Maharashtra’s total biz crosses Rs 4 lakh crore milestone in Q4

Bank of Maharashtra has reported strong growth on both the credit and the deposit front in the quart..