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..

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 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..

Waiting till June may have meant stronger rate action: RBI Guv

Waiting till June may have meant stronger rate action: RBI Guv

As several storms hit together and the war in Ukraine showed no signs of abating, the wait till June..

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..

IDBI Bank sells entire 19% stake in ARCIL

IDBI Bank sells entire 19% stake in ARCIL

IDBI Bank has divested its entire stake of 19.18% in ARCIL to Avenue India Resurgence Pte. Ltd for a..

India’s economic revival at risk from global spillovers, says RBI

India’s economic revival at risk from global spillovers, says RBI

Economic revival in India may be at risk from global spillovers as geo-political hostilities put pre..

HDFC Bank sees spike in wholesale loans amid retail slide

HDFC Bank sees spike in wholesale loans amid retail slide

HDFC Bank’s wholesale loans have shown a robust growth despite Rs 65,000-crore of repayments from th..

Bank of India drags Future Retail to NCLT

Bank of India drags Future Retail to NCLT

Bank of India has dragged Future Retail to the bankruptcy court for non-payment of dues, a move that..

India’s retail inflation hits 17-month high

India’s retail inflation hits 17-month high

India's retail inflation surged to a 17-month high, breaching the Reserve Bank of India’s (RBI) uppe..

All banks to make available cardless cash withdrawals through ATMs

All banks to make available cardless cash withdrawals through ATMs

The Reserve Bank of India (RBI) has decided to allow all banks to introduce cardless cash withdrawal..

Post-merger, HDFC Bank will become twice the size of ICICI Bank

Post-merger, HDFC Bank will become twice the size of ICICI Bank

HDFC Bank will become twice the size of ICICI Bank after it absorbs HDFC Ltd with itself, global rat..

Sunflower oil prices shoot up as supply is hit by Russia-Ukraine war

Sunflower oil prices shoot up as supply is hit by Russia-Ukraine war

Sunflower oil prices have shot up by 20% as the Russian invasion of Ukraine has destroyed grinding a..

How lenders plan to recover Rs 14,730 crore from Future Retail

How lenders plan to recover Rs 14,730 crore from Future Retail

Lenders to cash-strapped Future Group are clutching at straws as two giants, Mukesh Ambani’s Relianc..

PNB reports Rs 2,060 cr loan to IL&FS TN co as fraud

PNB reports Rs 2,060 cr loan to IL&FS TN co as fraud

State-run Punjab National Bank (PNB) has reported a fraud of Rs 2,060 crore in the non-performing ac..