RBI cancels licence of Mumbai-based Kapol Co-operative Bank

RBI cancels licence of Mumbai-based Kapol Co-operative Bank

The Reserve Bank of India (RBI) has cancelled the licence of Mumbai-based Kapol Co-operative Bank du..

SBI raises Rs 10,000 cr via infra bonds

SBI raises Rs 10,000 cr via infra bonds

State Bank of India (SBI) has raised Rs 10,000 crore through infrastructure bonds at a coupon rate o..

Dhanlaxmi Bank’s independent director levels charges against board, quits

Dhanlaxmi Bank’s independent director levels charges against board, quits

Sridhar Kalyanasundaram, an independent director of Kerala-based Dhanlaxmi Bank, has resigned from t..

Former SBI head Rajnish Kumar is Mastercard India chairman

Former SBI head Rajnish Kumar is Mastercard India chairman

Mastercard India has appointed former State Bank of India (SBI) head Rajnish Kumar as its chairman.I..

Bank of India raises Rs 2,000 crore

Bank of India raises Rs 2,000 crore

Bank of India has raised Rs 2,000 crore through tier II bonds at a coupon rate of 7.88%.The amount w..

Bank of Maharashtra plans to raise Rs 1,500 cr via bonds to fund growth

Bank of Maharashtra plans to raise Rs 1,500 cr via bonds to fund growth

Bank of Maharashtra plans to raise Rs 1,500 crore via bonds to fund its business growth.The state-ow..

Vaidyanathan sells 5 cr shares to GQG Partners, ups stake in IDFC First Bank

Vaidyanathan sells 5 cr shares to GQG Partners, ups stake in IDFC First Bank

IDFC First Bank managing director and CEO V Vaidyanathan raises his stake in the private lender even..

India’s retail inflation eases to 6.83% in August

India’s retail inflation eases to 6.83% in August

Retail inflation eased to 6.83% in August after touching a 15-month high of 7.44% in July, mainly du..

YONO evolving into a digital bank within the bank: SBI chairman

YONO evolving into a digital bank within the bank: SBI chairman

YONO generates a quarterly fee income of Rs 100 crore and has the potential to have a Rs 30,000 cror..

Funding is main risk post-merger, says HDFC Bank CEO Jagdishan

Funding is main risk post-merger, says HDFC Bank CEO Jagdishan

Funding is the main challenge HDFC Bank faces after the $40-billion amalgamation with its parent HDF..

Canara Bank, Bank of Baroda raise lending rates

Canara Bank, Bank of Baroda raise lending rates

Canara Bank and Bank of Baroda have raised the marginal cost of funds-based lending rates (MCLR) by ..

HDFC Bank’s Jagdishan is highest paid bank CEO in India

HDFC Bank’s Jagdishan is highest paid bank CEO in India

HDFC Bank’s Sashidhar Jagdishan is the highest-paid bank chief executive in India, followed by the b..

SBI chairman says no stress in corporate loan book

SBI chairman says no stress in corporate loan book

India’s largest lender, State Bank of India (SBI), has said that its corporate loan book has no stre..

IDFC First Bank plans to raise Rs 3,000 cr

IDFC First Bank plans to raise Rs 3,000 cr

IDFC First Bank is planning to raise Rs 3,000 crore through issuance of equity shares to fund balanc..

IDFC First Bank looks to raise Rs 2,000 cr in FY24

IDFC First Bank looks to raise Rs 2,000 cr in FY24

Private lender IDFC First Bank is planning to raise Rs 2,000 crore ($243.84 million) in equity capit..