Payment system operators to report fraud on RBI’s DAKSH from 1 Jan

Payment system operators to report fraud on RBI’s DAKSH from 1 Jan

Reserve Bank of India on Monday said the fraud reporting module will be migrated to DAKSH from 1 Jan..

Ex-ICICI Bank CEO Chanda Kochhar, husband arrested in Videocon loan case

Ex-ICICI Bank CEO Chanda Kochhar, husband arrested in Videocon loan case

The Central Bureau of Investigation (CBI) has arrested former ICICI Bank CEO Chanda Kochhar and her ..

Yes Bank transfers invoked shares of Dish TV to JC Flowers

Yes Bank transfers invoked shares of Dish TV to JC Flowers

Yes Bank has transferred its 24.19% stake in Dish TV to JC Flowers Asset Reconstruction Co, a move w..

PNB increases FD rates by up to 95 bps

PNB increases FD rates by up to 95 bps

Punjab National Bank (PNB) has increased interest rates of fixed deposits under Rs 2 crore by up to ..

Govt plans tax waivers for buyer of IDBI Bank

Govt plans tax waivers for buyer of IDBI Bank

In order to make the bid to buy a majority stake in IDBI Bank attractive to more suitors, the govern..

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..

Yes Bank transfers Rs 48,000 crore of bad loans to JC Flowers

Yes Bank transfers Rs 48,000 crore of bad loans to JC Flowers

Yes Bank has completed the transfer of bad loans worth Rs 48,000 crore to private equity firm J.C. F..

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..

Govt, RBI take steps against Chinese loan apps

Govt, RBI take steps against Chinese loan apps

Government departments and the Reserve Bank of India (RBI) are taking coordinated steps to check Chi..

ICICI Bank hikes deposit rates by up to 60 bps

ICICI Bank hikes deposit rates by up to 60 bps

After HDFC Bank and SBI, ICICI Bank has raised interest rates on fixed deposits under Rs 2 crore wit..

IDBI Bank sale: Govt extends date for submission of EoI

IDBI Bank sale: Govt extends date for submission of EoI

The government has extended the deadline to submit expressions of interest (EoI) for buyout of its 6..

SBI ups lending rates by 25 bps

SBI ups lending rates by 25 bps

State Bank of India (SBI), India’s largest lender, has increased its marginal cost of funds-based le..

Axis Bank hikes interest rates on FDs to high of 7% for general public

Axis Bank hikes interest rates on FDs to high of 7% for general public

A month later, Axis Bank has increased interest rates once again on fixed deposits for amounts less ..