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 ..

Bank credit, deposit trends in Q3

Bank credit, deposit trends in Q3

Most banks who have provided provisional data for the fiscal third-quarter have shown strong loan an..

Loan growth, liquidity stress and rate hikes in 2023

Loan growth, liquidity stress and rate hikes in 2023

Banks need to take a harder look at liquidity as the Indian economy moves towards higher interest ra..

RBI lifts restrictions on Mahindra Finance

RBI lifts restrictions on Mahindra Finance

The Reserve Bank of India (RBI) has lifted the ban on Mahindra & Mahindra Financial Services (M&..

SBI, ICICI Bank, HDFC Bank remain systemically important banks: RBI

SBI, ICICI Bank, HDFC Bank remain systemically important banks: RBI

The Reserve Bank of India (RBI) continues to categorise State Bank of India (SBI), ICICI Bank and HD..

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..

Govt hikes interest rate on small savings; PPF rate unchanged

Govt hikes interest rate on small savings; PPF rate unchanged

The government has increased the interest rates on eight small savings schemes in the range of 20-11..

Gross NPA ratio falls to 7-year low: RBI

Gross NPA ratio falls to 7-year low: RBI

The gross non-performing assets (NPAs) of commercial banks dropped to a seven-year low of 5% and the..

Govt debt rises to Rs 147 trn in Q2

Govt debt rises to Rs 147 trn in Q2

The total government debt increased to Rs 147.19 lakh crore at September-end from Rs 145.72 lakh cro..

Jan Dhan accounts more active

Jan Dhan accounts more active

Pradhan Mantri Jan Dhan Yojana accounts are more active than before and the deposit base has seen an..

RBI asks banks to monitor slippages

RBI asks banks to monitor slippages

The Reserve Bank of India (RBI) has asked banks to monitor slippages in their restructured assets ev..

Banks may increase deposit rates amid rise in credit growth

Banks may increase deposit rates amid rise in credit growth

Banks may have to further hike deposit rates to meet a surge in credit demand, the Reserve Bank of I..

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..

Banking fraud cases up, value down: RBI

Banking fraud cases up, value down: RBI

Banking fraud incidents have increased but the amount involved have more than halved in FY2021-22, t..

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..