ICICI Bank raises Rs 8,000 cr by issuing bonds

ICICI Bank raises Rs 8,000 cr by issuing bonds

ICICI Bank has raised Rs 8,000 crore by issuing debt securities via private placement. Followin..

Yono revamp and SBI’s digital bank plan

Yono revamp and SBI’s digital bank plan

State Bank of India (SBI) is planning to launch a complete digital bank by revamping its current mob..

RBI bars Paytm from onboarding new customers

RBI bars Paytm from onboarding new customers

Reserve Bank of India (RBI) on Friday directed Paytm Payments Bank to stop taking on new customers w..

ICICI Bank to pick up 5% stake in NARCL

ICICI Bank to pick up 5% stake in NARCL

ICICI Bank will acquire 5% stake in National Asset Reconstruction Company Ltd (NARCL).On March 10, 2..

Bank credit up 7.9%, deposits rise 8.6%

Bank credit up 7.9%, deposits rise 8.6%

Bank credit grew by 7.9% to Rs 116.27 lakh crore and deposits rose by 8.6% to Rs 162.17 lakh crore i..

SBI appoints ex-Ujjivan SFB CEO as DMD

SBI appoints ex-Ujjivan SFB CEO as DMD

State Bank of India has appointed former Nitin Chugh as deputy managing director and head of digital..

PNB Housing Finance gets board nod to raise Rs 2,500 cr via rights issue

PNB Housing Finance gets board nod to raise Rs 2,500 cr via rights issue

After scrapping a Rs 4,000-crore fund-raising deal with US-based Carlyle group, PNB Housing Finance ..

India's financial markets caught in Russia-Ukraine crossfire

India's financial markets caught in Russia-Ukraine crossfire

In early March this year, India’s benchmark indices – the Sensex and Nifty slipped to a seven-month ..

Three worries for rupee as Ukraine war deepens

Three worries for rupee as Ukraine war deepens

Three worries persist even as the Indian rupee sank to its lifetime low in early trade today, touchi..

Rupee slides to 2.5-month low amid Russia-Ukraine war

Rupee slides to 2.5-month low amid Russia-Ukraine war

With Russia continuing to pound Ukraine, the Indian rupee slumped to its lowest since 17 December.Tr..

Canara Bank raises Rs 1,000 cr via AT-1 bonds

Canara Bank raises Rs 1,000 cr via AT-1 bonds

State-run Canara Bank has raised Rs 1,000 crore in Basel III-compliant additional tier I, series III..

SBI to buy out partner Canara Bank’s stake in Russia, consolidate global biz

SBI to buy out partner Canara Bank’s stake in Russia, consolidate global biz

State Bank of India (SBI) is buying out Canara Bank’s stake in the joint venture company in Russia a..

SBI stops transactions with sanctioned Russian entities: Report

SBI stops transactions with sanctioned Russian entities: Report

State Bank of India (SBI) will not process any transactions involving Russian entities subject to in..

Loans against shares, bonds and FDs surge amid Covid stress

Loans against shares, bonds and FDs surge amid Covid stress

Declining incomes in the aftermath of Covid-19 forced many to rush to banks to pledge their shares a..

Govt to infuse capital in weak public sector banks

Govt to infuse capital in weak public sector banks

Weak public sector lenders like Central Bank of India and Punjab & Sind Bank will get the lion's..