DICGC settles deposit insurance claims of Rs 8,517 cr in FY22

DICGC settles deposit insurance claims of Rs 8,517 cr in FY22

Deposit Insurance and Credit Guarantee Corporation (DICGC), set up to protect the interest of small ..

RBI’s balance sheet grows 8.46% to Rs 61.9 lakh cr in FY22

RBI’s balance sheet grows 8.46% to Rs 61.9 lakh cr in FY22

The size of the Reserve Bank of India's balance sheet increased by 8.46% to Rs 61,90,302.27 crore as..

Rs 2,000 currency notes shrink to account for just 1.6% of total circulation: RBI

Rs 2,000 currency notes shrink to account for just 1.6% of total circulation: RBI

India’s highest denomination currency note of Rs 2,000, introduced in November 2016 soon after demon..

PNB earns Rs 645 cr via ATM transaction charges in FY22

PNB earns Rs 645 cr via ATM transaction charges in FY22

State-owned Punjab National Bank (PNB) has earned over Rs 645 crore through ATM transaction charges ..

RBI to pay to govt dividend of Rs 30,307 cr for FY22

RBI to pay to govt dividend of Rs 30,307 cr for FY22

The Reserve Bank of India (RBI) has approved a dividend payment of Rs 30,307 crore to the government..

PNB Q4 net dips 66% to Rs 202 cr

PNB Q4 net dips 66% to Rs 202 cr

Punjab National Bank’s (PNB) standalone net profit dropped 66% year-on-year to Rs 202 crore for the ..

Indian economy to take 12 years to recoup Covid-19 losses

Indian economy to take 12 years to recoup Covid-19 losses

The shadow of the coronavirus pandemic on the Indian economy is going to last for another 12 years. ..

HDFC Bank Q4 net up 23% at Rs10,055 cr

HDFC Bank Q4 net up 23% at Rs10,055 cr

HDFC Bank, which is in the midst of a merger with its parent, reported a 23% year-on-year rise in st..

DCB Bank chief Murali Natrajan gets RBI nod to serve for 2 more years

DCB Bank chief Murali Natrajan gets RBI nod to serve for 2 more years

The Reserve Bank of India (RBI) has approved the re-appointment of Murali M Natrajan as the managing..

Strike: 20 lakh cheques worth Rs 18,000 cr waiting clearance

Strike: 20 lakh cheques worth Rs 18,000 cr waiting clearance

The two-day nationwide strike, which was called by ten central trade unions, impacted banking servic..

PNB board approves plan to raise Rs 12,000 cr via bonds

PNB board approves plan to raise Rs 12,000 cr via bonds

The board of Punjab National Bank (PNB) has approved raising up to Rs12,000 crore through issuance o..

Bank of Maharashtra raises Rs 290 cr, eyes 16% credit growth in FY23

Bank of Maharashtra raises Rs 290 cr, eyes 16% credit growth in FY23

Bank of Maharashtra, which raised Rs 290 crore by issuing Basel III compliant additional tier 1 (AT1..

HDFC Ltd sanctions Rs 2 lakh cr home loans first time in a fiscal

HDFC Ltd sanctions Rs 2 lakh cr home loans first time in a fiscal

HDFC Ltd has approved retail home loans of over Rs 2 lakh crore in FY22, its highest ever in a finan..

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..

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 ..