Public sector banks in real danger of privatisation: AIBOC

Public sector banks in real danger of privatisation: AIBOC

Public sector banks, which play a crucial role in bridging the economic divide in society, are in “r..

Byju’s takes support of Rajnish Kumar, Mohandas Pai

Byju’s takes support of Rajnish Kumar, Mohandas Pai

Edtech start-up Byju's has announced the appointment of former State Bank of India (SBI) chairman Ra..

Aim is to create a new HDFC Bank every 4 years: CEO Jagdishan

Aim is to create a new HDFC Bank every 4 years: CEO Jagdishan

HDFC Bank managing director and CEO Sashidhar Jagdishan has a new ambition to chase. The HDFC-HDFC B..

Retail loans pace up, large borrowers' share falls

Retail loans pace up, large borrowers' share falls

Retail loans have grown faster and the share of large borrowers in gross advances have declined succ..

DICGC settles deposit claims worth Rs 752 crore in FY23

DICGC settles deposit claims worth Rs 752 crore in FY23

After bloating in FY22, the claims settled by Deposit Insurance and Credit Guarantee Corporation (DI..

IDFC First Bank raises Rs 1,500 cr via tier-II bonds

IDFC First Bank raises Rs 1,500 cr via tier-II bonds

IDFC First Bank raised Rs 1,500 crore through Basel-III compliant Tier-II bonds maturing in 10 years..

Retail loans major contributor to bank credit growth

Retail loans major contributor to bank credit growth

India’s bank credit growth has been powered by retail lending over the last few years and this is cy..

UPI to account for 90% of retail digital transactions in 5 years: RBI bulletin

UPI to account for 90% of retail digital transactions in 5 years: RBI bulletin

Unified Payments Interface (UPI) is expected to account for 90% of retail digital transactions volum..

ARCs’ retail loan recovery slows down by 35% due to OTS scheme

ARCs’ retail loan recovery slows down by 35% due to OTS scheme

Recoveries by asset reconstruction companies (ARCs) across retail loans such as housing and MSME hav..

SBI plans to raise Rs 50,000 cr in FY24 via debt

SBI plans to raise Rs 50,000 cr in FY24 via debt

State Bank of India will raise up to Rs 50,000 crore via debt instruments from Indian as well as ove..

RBI allows banks to issue RuPay prepaid forex cards

RBI allows banks to issue RuPay prepaid forex cards

The Reserve Bank of India (RBI) has permitted RuPay to issue foreign currency cards, a move that wil..

IDFC First Bank posts highest-ever quarterly profit, plans to raise Rs 5,000 cr

IDFC First Bank posts highest-ever quarterly profit, plans to raise Rs 5,000 cr

The financial year ending 31 March 2023 has been a defining year for IDFC First Bank. The private le..

SBI gets Rs 17,000 cr of Rs 2,000 notes deposited or exchanged: Chairman Khara

SBI gets Rs 17,000 cr of Rs 2,000 notes deposited or exchanged: Chairman Khara

The State Bank of India (SBI) has so far collected an estimated Rs 17,000 crore worth of Rs 2,000 no..

Why IDFC First Bank boss Vaidyanathan is in favour of dumping the Rs 2,000 banknote

Why IDFC First Bank boss Vaidyanathan is in favour of dumping the Rs 2,000 banknote

The Rs 500 note as the highest denomination currency is more than enough for India, IDFC First Bank ..

Retail inflation eases to 18-month low of 4.7% in April

Retail inflation eases to 18-month low of 4.7% in April

Retail inflation in India has cooled to an 18-month low of 4.7% in April, making the RBI Governor Sh..