Bank of Maharashtra raises deposit rates ahead of festive season

Bank of Maharashtra raises deposit rates ahead of festive season

Bank of Maharashtra has increased its fixed deposit rates by up to 125 basis points, or 1.25%, ahead..

IDFC First Bank to sell Mumbai office space to NSDL for Rs 198 cr

IDFC First Bank to sell Mumbai office space to NSDL for Rs 198 cr

IDFC First Bank has entered into an agreement with the National Securities Depository Limited (NSDL)..

RBI warns against rising personal loans once again

RBI warns against rising personal loans once again

Personal loans extended by banks and non-banking financial companies (NBFCs), which have seen a risi..

RBI onboards 30 banks on UDGAM portal for unclaimed deposits

RBI onboards 30 banks on UDGAM portal for unclaimed deposits

The Reserve Bank of India (RBI) Thursday said that 30 banks have been onboarded on the UDGAM (Unclai..

Government extends SBI chairman Dinesh Khara’s tenure

Government extends SBI chairman Dinesh Khara’s tenure

Dinesh Kumar Khara, the chairman of State Bank of India, gets an extension till August next year.The..

ICICI Bank raises Rs 4,000 cr via bonds

ICICI Bank raises Rs 4,000 cr via bonds

Private sector lender ICICI Bank has raised Rs 4,000 crore via bonds to fund business growth.The ban..

Bank CEO resigns days after Rs 9,000 crore wrongly credited to Chennai cab driver

Bank CEO resigns days after Rs 9,000 crore wrongly credited to Chennai cab driver

A week after Rs 9,000 crore was wrongly credited into a taxi driver’s account, Tamilnad Mercantile B..

RBI clears Madhusoodanan as Dhanlaxmi Bank chairman

RBI clears Madhusoodanan as Dhanlaxmi Bank chairman

The Reserve Bank of India (RBI) has cleared the appointment of KN Madhusoodanan as a part-time chair..

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..