RBI cancels registration certificate of PC Financial Services

RBI cancels registration certificate of PC Financial Services

The Reserve Bank of India (RBI) has cancelled the certificate of registration of P C Financial Servi..

Recapitalisation of banks needed as Basel IV date nears

Recapitalisation of banks needed as Basel IV date nears

The government will need to revisit its decision to reduce the budget for capitalisation of public s..

LIC looks to keep partial stake in IDBI Bank

LIC looks to keep partial stake in IDBI Bank

State-run Life Insurance Corporation (LIC), which is heading for an initial public offering (IPO), i..

Dhanlaxmi Bank Q3 net down 83% at Rs 2.3 cr

Dhanlaxmi Bank Q3 net down 83% at Rs 2.3 cr

Kerala-headquartered Dhanlaxmi Bank reported an 82.81% year-on-year drop in net profit to Rs 2.3 cro..

Federal Bank’s subsidiary files for IPO

Federal Bank’s subsidiary files for IPO

Fedbank Financial Services, a subsidiary of Federal Bank, has filed with capital markets regulator S..

Pralay Mondal is deputy MD of CSB Bank

Pralay Mondal is deputy MD of CSB Bank

CSB Bank has got the approval of Reserve Bank of India (RBI) to appoint Pralay Mondal as its deputy ..

Canara Bank, Bank of Baroda pick up stake in IDRCL

Canara Bank, Bank of Baroda pick up stake in IDRCL

Canara Bank has acquired 14.9% of India Debt Resolution Company Ltd (IDRCL) while Bank of Baroda has..

India’s banking sector health at its best in decades: Ind-Ra

India’s banking sector health at its best in decades: Ind-Ra

The health of the Indian banking sector is at its best in decades, according to India Ratings and Re..

Yes Bank founder Rana Kapoor gets bail

Yes Bank founder Rana Kapoor gets bail

Yes Bank founder Rana Kapoor has got bail in a property case but will still be in jail in relation t..

Breaking up ABG Shipyard’s dues to banks

Breaking up ABG Shipyard’s dues to banks

ICICI Bank, IDBI Bank and State Bank of India (SBI) account for almost 60% of the loans to ABG Shipy..

SBI rules out effort to delay action against ABG Shipyard

SBI rules out effort to delay action against ABG Shipyard

Ruling out any effort to delay the process at any point of time, the State Bank of India (SBI) has s..

India’s retail inflation hits 7-month high, crosses RBI’s upper cap

India’s retail inflation hits 7-month high, crosses RBI’s upper cap

India’s retail inflation in January has hit a seven-month high and breached the Reserve Bank of Indi..

CBI books ABG Shipyard, directors in biggest bank fraud case

CBI books ABG Shipyard, directors in biggest bank fraud case

ABG Shipyard Ltd, which is engaged in shipbuilding and ship repair, will go down as the biggest bank..

RBI pegs GDP growth at 7.8% for FY23

RBI pegs GDP growth at 7.8% for FY23

The Reserve Bank of India (RBI) has projected India’s economic growth rate for the financial year 20..

RBI projects retail inflation at 4.5% in FY23

RBI projects retail inflation at 4.5% in FY23

The Reserve Bank of India (RBI) has projected lower retail inflation of 4.5% in FY23 amid expectatio..