India needs 4-5 more SBI sized big banks: FM Nirmala Sitharaman

India needs 4-5 more SBI sized big banks: FM Nirmala Sitharaman

The coronavirus pandemic has only accelerated India’s need to have 4-5 more SBI sized banks, Finance..

Indian Overseas Bank puts Rs 400 cr of education loans up for sale

Indian Overseas Bank puts Rs 400 cr of education loans up for sale

State-owned Indian Overseas Bank (IOB), which is under the RBI’s prompt corrective action (PCA) list..

Bank of Baroda ED to head Indian Bank from 1 Sep

Bank of Baroda ED to head Indian Bank from 1 Sep

Bank of Baroda on Monday said Shanti Lal Jain would cease to be its executive director from 1 Septem..

2021 may be India's IPO year as unicorns drive India into new era: RBI

2021 may be India's IPO year as unicorns drive India into new era: RBI

Homegrown unicorns will lead the country into a new era of growth in the financial markets and the y..

Central Bank of India plans aqua financing in coastal branches

Central Bank of India plans aqua financing in coastal branches

Central Bank of India identifies 350 branches in coastal areas to cater to aqua loans in rural areas..

India's retail inflation cools to 3-month low in July

India's retail inflation cools to 3-month low in July

India's retail inflation has eased to a three-month low of 5.59% in July mainly due to moderation in..

IOB in talks with Union Bank of India to sell stake in Malaysian bank

IOB in talks with Union Bank of India to sell stake in Malaysian bank

Indian Overseas Bank (IOB) is in talks with the Union Bank of India to sell its 35% stake in India I..

Bank of India Q1 net down 15% at Rs 720 crore

Bank of India Q1 net down 15% at Rs 720 crore

State-owned Bank of India reported a 14.7% drop in net profit to Rs 720 crore in the fiscal first qu..

Union Bank of India recasts Rs 15,632 cr of loans; home loans lead retail stress

Union Bank of India recasts Rs 15,632 cr of loans; home loans lead retail stress

Retail loans have come to haunt banks in the backdrop of the second wave of the coronavirus pandemic..

Indian Bank to transfer Rs 1,900 cr of bad loans to NARCL

Indian Bank to transfer Rs 1,900 cr of bad loans to NARCL

Indian Bank has identified eight accounts worth Rs 1,900 crore to be transferred to National Asset R..

Indian Bank to transfer Rs 1,900 cr of bad loans to NARCL

Indian Bank to transfer Rs 1,900 cr of bad loans to NARCL

Indian Bank has identified eight accounts worth Rs 1,900 crore to be transferred to National Asset R..

A trade union leader writes on India's bank nationalisation day

A trade union leader writes on India's bank nationalisation day

The new session of parliament begins today, the day we celebrate our 52nd bank nationalisation anniv..

India's bad bank to seek RBI approval for ARC licence

India's bad bank to seek RBI approval for ARC licence

India’s bad bank got formalised with the incorporation of the National Asset Reconstruction Co. Ltd ..

India's bad bank to seek RBI approval for ARC licence

India's bad bank to seek RBI approval for ARC licence

India’s bad bank got formalised with the incorporation of the National Asset Reconstruction Co. Ltd ..

India's current account deficit widens in March quarter

India's current account deficit widens in March quarter

India's current account deficit has widened in the quarter ended March on account of a higher trade ..