SBI’s gold loans cross Rs 1 trillion milestone

SBI’s gold loans cross Rs 1 trillion milestone

Though the Reserve Bank of India (RBI) in its financial stability report raised concerns on consumer..

Gross bank NPA ratio at six-year low: RBI

Gross bank NPA ratio at six-year low: RBI

The gross non-performing asset (GNPA) ratio of banks has fallen from 7.4% in March 2021 to a six-yea..

Cryptocurrencies are a clear danger: RBI Guv

Cryptocurrencies are a clear danger: RBI Guv

Describing cryptocurrencies as “clear danger”, Reserve Bank of India (RBI) Governor Shaktikanta Das ..

Interest rate on PPF, NSC unchanged

Interest rate on PPF, NSC unchanged

Despite rising inflation and interest rates, small savings schemes such as the Public Provident Fund..

PSU banks support Adani’s copper foray

PSU banks support Adani’s copper foray

Adani Group has got a consortium of public sector banks to provide the entire debt requirement of Rs..

RBI extends deadline for card tokenisation by 3 months

RBI extends deadline for card tokenisation by 3 months

The Reserve Bank of India (RBI) has, in consultation with the stakeholders, extended the deadline fo..

This is why RBI penalises Indian Overseas Bank

This is why RBI penalises Indian Overseas Bank

The Reserve Bank of India (RBI) has imposed a monetary penalty of Rs 57.50 lakh on state-run Indian ..

RBI to defend rupee against jerky movements: Deputy Guv Patra

RBI to defend rupee against jerky movements: Deputy Guv Patra

The Reserve Bank of India (RBI) is intervening in the market to defend the rupee and will not allow ..

Canara Bank launches special FD scheme

Canara Bank launches special FD scheme

Canara Bank, India’s third-largest public sector bank, has introduced a special fixed deposit scheme..

Canara Bank board approves capital raise of Rs 9,000 cr in FY23

Canara Bank board approves capital raise of Rs 9,000 cr in FY23

The board of Canara Bank on 24 June approved a Rs 9,000 crore capital raising plan through a combina..

NBFCs need to diversify risks across sectors: Rajnish Kumar

NBFCs need to diversify risks across sectors: Rajnish Kumar

Former State Bank of India (SBI) chairman Rajnish Kumar has a word of caution for non-banking financ..

High inflation a major concern, says RBI Guv in MPC meeting

High inflation a major concern, says RBI Guv in MPC meeting

Inflationary pressures continue to worry members of the Reserve Bank of India’s Monetary Policy Comm..

RBI gives banks, NBFCs 3 more months to implement card rules

RBI gives banks, NBFCs 3 more months to implement card rules

The Reserve Bank of India (RBI) has given banks and NBFCs three more months to implement three provi..

RBI disallows non-banks from loading credit lines on prepaid payment instruments

RBI disallows non-banks from loading credit lines on prepaid payment instruments

The Reserve Bank of India (RBI) has disallowed non-bank pre-paid wallets and pre-paid cards from loa..

DBS Bank acquires 9.9% stake in NBFC Svakarma Finance

DBS Bank acquires 9.9% stake in NBFC Svakarma Finance

DBS Bank India has acquired a 9.9% stake in Svakarma Finance, a micro business-focused non-banking f..