How lenders plan to recover Rs 14,730 crore from Future Retail

How lenders plan to recover Rs 14,730 crore from Future Retail

Lenders to cash-strapped Future Group are clutching at straws as two giants, Mukesh Ambani’s Relianc..

PNB reports Rs 2,060 cr loan to IL&FS TN co as fraud

PNB reports Rs 2,060 cr loan to IL&FS TN co as fraud

State-run Punjab National Bank (PNB) has reported a fraud of Rs 2,060 crore in the non-performing ac..

India’s retail inflation at 8-month high

India’s retail inflation at 8-month high

India’s retail inflation surged to 6.07% in February on higher food prices. This is an eight-month h..

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..

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..

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..

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..

Kotak Mahindra Bank Q3 up 15% on back of retail loan growth

Kotak Mahindra Bank Q3 up 15% on back of retail loan growth

Kotak Mahindra Bank reported 15% year-on-year growth in its net profit for the December quarter to R..

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..

Deadline for periodic KYC update extended till March 31

Deadline for periodic KYC update extended till March 31

With uncertainty prevailing due to the Omicron variant of Covid-19, the Reserve Bank of India (RBI) ..

Retail-led credit model face headwinds amid rise in home loan delinquencies: RBI

Retail-led credit model face headwinds amid rise in home loan delinquencies: RBI

With corporate credit staying sluggish for quite some time now, banks had turned aggressively to the..

RBI extends restrictions on PMC Bank till end-March

RBI extends restrictions on PMC Bank till end-March

The restrictions on Punjab and Maharashtra Co-operative (PMC) Bank will continue for another three m..

RBI silent on corporate entry into banking

RBI silent on corporate entry into banking

The Reserve Bank of India (RBI) is yet to take a view on the entry of corporates into the banking sp..

RBI unveils draft scheme for PMC Bank; depositors to get full amount over 10 years

RBI unveils draft scheme for PMC Bank; depositors to get full amount over 10 years

PMC Bank depositors of above Rs 5 lakh will get back their full amount but over a period of 10 years..

Bank of Maharashtra opens milestone branch at Tirumala

Bank of Maharashtra opens milestone branch at Tirumala

Pune-headquartered Bank of Maharashtra opened its 2,000th milestone branch at the temple town of Tir..