IDBI Bank plans to cut gross NPAs to 12% in FY23

IDBI Bank plans to cut gross NPAs to 12% in FY23

Life Insurance Corporation-promoted IDBI Bank is looking to sharply bring down its non-performing lo..

Vinod Rai’s appointment as independent chairman of Unity SFB gets RBI nod

Vinod Rai’s appointment as independent chairman of Unity SFB gets RBI nod

Former comptroller and auditor general of India Vinod Rai has been granted approval by the Reserve B..

Bank of Maharashtra plans capital raise, Q3 net doubles

Bank of Maharashtra plans capital raise, Q3 net doubles

Bank of Maharashtra is planning to raise Rs 500-750 crore through a qualified institutional placemen..

SBI, HDFC Bank hike FD rates

SBI, HDFC Bank hike FD rates

Interest rates are finally inching up. Following the footsteps of HDFC Bank, India’s largest lender ..

Eight NBFCs and a housing finance company surrender certificates of registration to RBI

Eight NBFCs and a housing finance company surrender certificates of registration to RBI

Eight non-banking financial companies (NBFCs) and one housing finance company have surrendered their..

How SBI is keeping check on retail loan NPAs

How SBI is keeping check on retail loan NPAs

Fear of credit slipping into non-performing assets (NPAs) has triggered the State Bank of India (SBI..

Distress in MSME loans stalled only for now

Distress in MSME loans stalled only for now

A research report by State Bank of India (SBI) said the government’s Emergency Credit Line Guarantee..

Federal Bank’s subsidiary to head for IPO

Federal Bank’s subsidiary to head for IPO

Federal Bank’s subsidiary, Fedbank Financial Services (FedFina), will head for an initial public off..

CSB Bank CEO Rajendran to retire early on health grounds

CSB Bank CEO Rajendran to retire early on health grounds

CSB Bank managing director and CEO C VR Rajendran has decided to take early retirement on health gro..

ICICI Bank revises credit card charges

ICICI Bank revises credit card charges

ICICI Bank credit card customers will have to pay more on cash advances and for paying dues late. Th..

Get the ‘Bad Bank’ moving on sound legal legs

Get the ‘Bad Bank’ moving on sound legal legs

India’s biggest initiative to clean the balance sheets of public sector banks has fallen on rough we..

Banks’ asset quality under risk from third wave of Covid-19

Banks’ asset quality under risk from third wave of Covid-19

The chief executives of banks were looking at 2022 as the year of corporate loan book growth. But th..

Airtel Payments Bank gets scheduled bank status

Airtel Payments Bank gets scheduled bank status

Airtel Payments Bank has got the status of a scheduled bank. The Reserve Bank of India (RBI) on Tues..

SBI, ICICI, HDFC Bank remain systemically important banks: RBI

SBI, ICICI, HDFC Bank remain systemically important banks: RBI

The state-owned State Bank of India (SBI) and private lenders HDFC Bank and ICICI Bank continue to ..

RBL Bank sees QoQ fall in deposits in December quarter

RBL Bank sees QoQ fall in deposits in December quarter

One of the challenges that RBL Bank’s interim CEO Rajeev Ahuja faces is to instill confidence among ..