Pay fee, charges on forex prepaid cards in rupees: RBI

Pay fee, charges on forex prepaid cards in rupees: RBI

The Reserve Bank of India (RBI) said Tuesday that fees and charges payable in India on forex prepaid..

UCO Bank records highest-ever net profit for fiscal; to raise Rs 2,000 cr

UCO Bank records highest-ever net profit for fiscal; to raise Rs 2,000 cr

State-owned UCO Bank has reported its highest-ever net profit for a full-fiscal year and is planning..

Punjab & Sind Bank plans branch expansion, fundraising in FY24

Punjab & Sind Bank plans branch expansion, fundraising in FY24

Punjab & Sind Bank is planning to add 20 branches and raise Rs 250 crore in FY24 to fuel its gro..

SBI raises $750 mn via 5-year bonds

SBI raises $750 mn via 5-year bonds

State Bank of India, the country’s largest lender, has concluded the sale of $750-million senior 5-y..

Union Bank of India plans to raise Rs 10,100 cr

Union Bank of India plans to raise Rs 10,100 cr

Union Bank of India’s board has approved raising up to Rs 10,100 crore through a mix of debt and equ..

Bank of Baroda plans to raise up to $7 bn via debt

Bank of Baroda plans to raise up to $7 bn via debt

Bank of Baroda has got the board approval to raise up to $7 billion through bonds and issuance of ce..

More rate hikes possible as fight against inflation not over yet: MPC

More rate hikes possible as fight against inflation not over yet: MPC

The pause in interest rates is tactical and further rate hikes can’t be ruled out as the fight again..

SBI to raise $2 bn via debt in FY24

SBI to raise $2 bn via debt in FY24

State Bank of India (SBI) will raise up to $2 billion in debt in the current financial year.The comp..

Retail loans behind RBI’s pause in rate hikes

Retail loans behind RBI’s pause in rate hikes

Behind the Reserve Bank of India’s (RBI) pause in interest-rate hikes was the fear that a further ri..

Canara Bank raises MCLR, retains retail lending rates

Canara Bank raises MCLR, retains retail lending rates

Canara Bank has kept its interest rate on retail loans unchanged while raising the MCLR-based lendin..

HDFC Bank mulls raising Rs 50,000 crore in FY24

HDFC Bank mulls raising Rs 50,000 crore in FY24

HDFC Bank will consider raising Rs 50,000 crore through bonds over the next 12 months on a private p..

RBI to set up portal for unclaimed bank deposits

RBI to set up portal for unclaimed bank deposits

Reserve Bank of India (RBI) will set up a centralised portal to help depositors and their beneficiar..

US Federal Reserve raises interest rates by 25 basis points

US Federal Reserve raises interest rates by 25 basis points

The Federal Reserve has hiked interest rates by another quarter of a percentage point to a range of ..

India’s retail inflation eases to 6.4% in Feb

India’s retail inflation eases to 6.4% in Feb

Retail inflation dipped marginally to 6.44% in February but stayed outside the Reserve Bank of India..

SBI raises Rs 3,717 crore via AT-1 bonds at 8.25%

SBI raises Rs 3,717 crore via AT-1 bonds at 8.25%

State Bank of India (SBI) has raised Rs 3,717 crore through the issuance of additional tier-1 bonds ..