RBI raises housing loan limits for co-operative banks

RBI raises housing loan limits for co-operative banks

The Reserve Bank of India (RBI) has raised the limits on individual housing loans extended by co-ope..

SBI chairman Dinesh Khara takes home Rs 34.42 lakh in FY22

SBI chairman Dinesh Khara takes home Rs 34.42 lakh in FY22

State Bank of India (SBI) chairman Dinesh Khara took home Rs 34.42 lakh as annual salary for the fin..

RBI dismisses rumours about Tagore, Kalam replacing Gandhi on banknotes

RBI dismisses rumours about Tagore, Kalam replacing Gandhi on banknotes

The Reserve Bank of India (RBI) has clarified that there is no proposal to replace the face of Mahat..

Tamilnad Mercantile Bank gets Sebi nod for IPO

Tamilnad Mercantile Bank gets Sebi nod for IPO

Private sector lender Tamilnad Mercantile Bank, which is 100 years old, has got Sebi nod to raise fu..

RBI issues provisioning norms for large NBFCs

RBI issues provisioning norms for large NBFCs

Large non-banking finance companies (NBFCs) will have to maintain provisions for standard assets in ..

Manimekhalai becomes first woman CEO of Union Bank; govt names 2 more heads of PSBs

Manimekhalai becomes first woman CEO of Union Bank; govt names 2 more heads of PSBs

Mumbai-based Union Bank of India will have a woman boss for the first time. A Manimekhalai, executiv..

Govt's ONDC in talks with banks, others to push e-commerce project

Govt's ONDC in talks with banks, others to push e-commerce project

India’s bigger banks are in discussions with the Open Network for Digital Commerce (ONDC), which the..

EMIs to rise as PNB, ICICI Bank and HDFC raise lending rates

EMIs to rise as PNB, ICICI Bank and HDFC raise lending rates

Banks continue to raise their lending rates in anticipation of further hikes from the Reserve Bank o..

PNB raises RTGS, NEFT charges

PNB raises RTGS, NEFT charges

Punjab National Bank has revised upwards its service charges for RTGS (real time gross settlement) a..

Ex-SBI executive joins NARCL as MD & CEO

Ex-SBI executive joins NARCL as MD & CEO

Former State Bank of India (SBI) deputy managing director and chief credit officer Natarajan Sundar ..

DICGC settles deposit insurance claims of Rs 8,517 cr in FY22

DICGC settles deposit insurance claims of Rs 8,517 cr in FY22

Deposit Insurance and Credit Guarantee Corporation (DICGC), set up to protect the interest of small ..

NBFCs with higher risk appetite pose potential threat to financial stability: RBI

NBFCs with higher risk appetite pose potential threat to financial stability: RBI

Non-banking financial companies (NBFCs) with higher risk appetite pose a potential threat to the cou..

RBI mulls policy framework for fintech

RBI mulls policy framework for fintech

The Reserve Bank of India (RBI) is exploring the introduction of a policy framework for digital bank..

RBI lowers net worth requirement for non-bank Bharat Bill Payment units

RBI lowers net worth requirement for non-bank Bharat Bill Payment units

The Reserve Bank of India (RBI) has reduced to Rs 25 crore the net worth requirement for non-bank en..

India’s forex reserves start climbing again

India’s forex reserves start climbing again

After falling for ten consecutive weeks, India's forex reserves increased by $4.23 billion to $597.5..