Key RBI Credit Policy Highlights

Key RBI Credit Policy Highlights

. RBI MPC maintains status quo on rates unanimously at 4%. RBI MPC votes unanimously for Accommodati..

Bank of Maharashtra raises Rs 290 cr, eyes 16% credit growth in FY23

Bank of Maharashtra raises Rs 290 cr, eyes 16% credit growth in FY23

Bank of Maharashtra, which raised Rs 290 crore by issuing Basel III compliant additional tier 1 (AT1..

Bank credit up 7.9%, deposits rise 8.6%

Bank credit up 7.9%, deposits rise 8.6%

Bank credit grew by 7.9% to Rs 116.27 lakh crore and deposits rose by 8.6% to Rs 162.17 lakh crore i..

Budget: MSME sector gets support, credit line extended

Budget: MSME sector gets support, credit line extended

The Union Budget 2022 has laid focus on infrastructure and the MSME sector, which accounts for 45% o..

ICICI Bank revises credit card charges

ICICI Bank revises credit card charges

ICICI Bank credit card customers will have to pay more on cash advances and for paying dues late. Th..

Retail-led credit model face headwinds amid rise in home loan delinquencies: RBI

Retail-led credit model face headwinds amid rise in home loan delinquencies: RBI

With corporate credit staying sluggish for quite some time now, banks had turned aggressively to the..

Punjab National Bank CEO’s outlook on asset quality, recoveries and credit growth

Punjab National Bank CEO’s outlook on asset quality, recoveries and credit growth

A fall in bad loans, better recoveries and stronger credit growth is how managing director and chief..

PNB to house credit card biz in subsidiary, offload stake in future

PNB to house credit card biz in subsidiary, offload stake in future

Punjab National Bank (PNB) will hive off its newly set up credit card business into a wholly owned s..

Retail loans march ahead of corporate credit amid Covid-19

Retail loans march ahead of corporate credit amid Covid-19

A surge in gold loans has pushed retail advances to the top of bank credit for the first time. Loans..

Federal Bank partners Visa to launch credit card

Federal Bank partners Visa to launch credit card

The card comes in three variants and is presently being offered to the bank’s existing customers. Na..

FM Sitharaman on loan outreach, bank credit and insurance

FM Sitharaman on loan outreach, bank credit and insurance

Finance Minister Nirmala Sitharaman on Wednesday announced a district-wise credit outreach programme..

Post RBI ban lift, HDFC Bank CEO plans aggressive credit card growth

Post RBI ban lift, HDFC Bank CEO plans aggressive credit card growth

HDFC Bank has chalked out aggressive plans to regain market share after the Reserve Bank of India (R..

HDFC Bank can sell new credit cards as RBI lifts ban

HDFC Bank can sell new credit cards as RBI lifts ban

HDFC Bank will resume issuance of new credit cards as the Reserve Bank of India (RBI) has lifted the..

The changing trends in the credit card marketplace

The changing trends in the credit card marketplace

The credit card marketplace is seeing some disruption, thanks to Covid-19 and the Reserve Bank of In..

Amazon Pay ICICI Bank credit card nets mn users

Amazon Pay ICICI Bank credit card nets mn users

ICICI Bank and Amazon Pay have issued two million ‘Amazon Pay ICICI Bank' credit cards since its lau..