Sachin Bansal, 5 others fail to get RBI nod for bank licence

Sachin Bansal, 5 others fail to get RBI nod for bank licence

Reserve Bank of India (RBI) has rejected applications for on-tap licences of six firms, including th..

India’s arduous march from easy to hard money

India’s arduous march from easy to hard money

The Reserve Bank of India (RBI) allowed cheap money to continue for long. It didn’t matter that Indi..

SBI latest bank to hike lending rate

SBI latest bank to hike lending rate

State Bank of India (SBI) is the latest to join a long list of banks who have lifted their lending r..

Bank of Baroda flip-flops on interest rate hikes

Bank of Baroda flip-flops on interest rate hikes

Bank of Baroda flip-flopped on lending rates, giving up its  policy of bringing down home loan ..

Tough ride for rupee this year

Tough ride for rupee this year

This week, the Indian rupee touched an all-time low of 77.63 against the US dollar, and expectedly, ..

 SBI posts record quarterly profit, eyes double-digit credit growth in FY23

SBI posts record quarterly profit, eyes double-digit credit growth in FY23

State Bank of India (SBI), which reported its highest ever quarterly profit, is looking to grow its ..

Bank of Baroda Q4 net at Rs 1,779 crore

Bank of Baroda Q4 net at Rs 1,779 crore

Bank of Baroda reported a net profit of Rs 1,779 crore in the fiscal fourth quarter ended March 2022..

Union Bank Q4 net up 8.3% at Rs 1,440 cr

Union Bank Q4 net up 8.3% at Rs 1,440 cr

State-run Union Bank of India reported an 8.3% year-on-year rise in net profit to Rs 1,440 crore for..

Banks can invoke personal guarantees in IBC cases: SC

Banks can invoke personal guarantees in IBC cases: SC

The Supreme Court has allowed lenders to proceed against promoters, directors and chairman of the co..

Inflation hits 8-year high, RBI set to hike repo  rate

Inflation hits 8-year high, RBI set to hike repo rate

The inflation wolf has grown in size, making it almost certain that the Reserve Bank of India (RBI) ..

PNB CEO speaks on rising rates, bad loans and NARCL

PNB CEO speaks on rising rates, bad loans and NARCL

Punjab National Bank (PNB) will reprice its lending and deposit rates, lower non-performing loans, e..

PNB Q4 net dips 66% to Rs 202 cr

PNB Q4 net dips 66% to Rs 202 cr

Punjab National Bank’s (PNB) standalone net profit dropped 66% year-on-year to Rs 202 crore for the ..

SBI hikes bulk deposit rates

SBI hikes bulk deposit rates

After nearly a decade, State Bank of India (SBI) has upped the ante to contract bulk term deposits o..

SBI to raise $2 bn via bonds in FY23

SBI to raise $2 bn via bonds in FY23

The board of State Bank of India (SBI) on Tuesday approved raising up to $2 billion via overseas bon..

Rupee sinks to all-time low amid Fed rate hike

Rupee sinks to all-time low amid Fed rate hike

The rupee sank to an all-time low of 77.58 against the US dollar amid flight of foreign investors fr..