Canara Bank wins Banker’s Bank 2022 award

Canara Bank wins Banker’s Bank 2022 award

Canara Bank has won the ‘Banker's Bank of the Year Award 2022’ for the Indian segment of the Global ..

Independent valuers give RCAP liquidation value of Rs 13,000 cr

Independent valuers give RCAP liquidation value of Rs 13,000 cr

Independent valuers have given Reliance Capital (RCAP) a liquidation value of up to Rs 13,000 crore...

RBI gives conditional nod to Carlyle, Advent for stake buy in Yes Bank

RBI gives conditional nod to Carlyle, Advent for stake buy in Yes Bank

The Reserve Bank of India (RBI) has given conditional approval to US private equity investors Carlyl..

RBI brings urban co-operative banks under four-tiered regulatory framework

RBI brings urban co-operative banks under four-tiered regulatory framework

The Reserve Bank of India (RBI) Thursday announced a four-tiered regulatory framework for categorisa..

India’s GDP slows to 6.3% in Q2

India’s GDP slows to 6.3% in Q2

India's economy grew by 6.3% in the September quarter, down from 13.5% in the preceding quarter and ..

Strong loan growth in FY23 despite higher interest rates: Fitch

Strong loan growth in FY23 despite higher interest rates: Fitch

Despite higher interest rates, bank credit in India will see strong growth in the current financial ..

Yes Bank acquires 9.9% stake in JC Flowers ARC

Yes Bank acquires 9.9% stake in JC Flowers ARC

Yes Bank has acquired a 9.9% stake in JC Flowers Asset Reconstruction Company (ARC) at Rs 11.43 per ..

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..

Credit growth accelerates to 17.2% in September quarter

Credit growth accelerates to 17.2% in September quarter

Bank credit growth accelerated to 17.2% in the September quarter from 7% a year ago and 14.2% in the..

Canara Bank launches electronic bank guarantee

Canara Bank launches electronic bank guarantee

Canara Bank launched an Electronic Bank Guarantee (e-BG) in partnership with National E-Governance S..

Kaizad Bharucha is made HDFC Bank deputy MD

Kaizad Bharucha is made HDFC Bank deputy MD

HDFC Bank has appointed Kaizad Bharucha as deputy managing director, the lender said in an exchange ..

IDFC First Bank launches India’s first sticker-based debit card

IDFC First Bank launches India’s first sticker-based debit card

IDFC First Bank, in collaboration with the National Payments Corporation of India (NPCI), has launch..

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..

PNB gets govt nod to divest entire stake in UTI AMC

PNB gets govt nod to divest entire stake in UTI AMC

State-owned Punjab National Bank (PNB) has received the government nod to divest its entire stake in..

Gautam Adani weighs $5 bn fundraise as banks urge deleveraging: Report

Gautam Adani weighs $5 bn fundraise as banks urge deleveraging: Report

Indian billionaire Gautam Adani is courting sovereign wealth funds in a push to raise roughly $5 bil..