Banks source cheap funds by issuing CDs

Banks source cheap funds by issuing CDs

Indian banks are increasing issuance of certificates of deposits (CDs) to secure cheap funding. The ..

DICGC to pay depositors of 17 co-operative banks in October

DICGC to pay depositors of 17 co-operative banks in October

Depositors of 17 distressed co-operative banks will receive payments from the Deposit Insurance and ..

 RBI article warns against big bang privatisation of banks

RBI article warns against big bang privatisation of banks

Even as the government has made its intent clear on privatisation of banks, an RBI article has warne..

NTPC to raise Rs 5,000 cr term loan from banks

NTPC to raise Rs 5,000 cr term loan from banks

State-owned power giant NTPC plans to raise Rs 5,000 crore term loan from banks and financial instit..

Top 5 banks post treasury losses of Rs 10,525 cr in Q1

Top 5 banks post treasury losses of Rs 10,525 cr in Q1

Top fives banks have reported treasury losses  of Rs 10,525 crore in the quarter ended June aft..

RBI fines 8 co-operative banks

RBI fines 8 co-operative banks

The Reserve Bank of India (RBI) has imposed penalties on eight cooperative banks, including a fine o..

SpiceJet loans put in ‘high-risk category’ by some banks: Report

SpiceJet loans put in ‘high-risk category’ by some banks: Report

Private lenders IDFC First Bank and Yes Bank and state-owned Indian Bank have put their loans to Spi..

RBI fines 3 co-operative banks

RBI fines 3 co-operative banks

The Reserve Bank of India (RBI) has fined three co-operative banks for deficiencies in regulatory co..

Banks to post Rs 13,000 cr MTM losses in Q1: ICRA

Banks to post Rs 13,000 cr MTM losses in Q1: ICRA

Rating agency ICRA expects banks to remain profitable in the first quarter of FY23, despite mark-to-..

DICGC to pay depositors of two stressed co-operative banks in Aug

DICGC to pay depositors of two stressed co-operative banks in Aug

The depositors of two Maharashtra-based co-operative banks will get paid their insurance cover of up..

PSU banks support Adani’s copper foray

PSU banks support Adani’s copper foray

Adani Group has got a consortium of public sector banks to provide the entire debt requirement of Rs..

RBI gives banks, NBFCs 3 more months to implement card rules

RBI gives banks, NBFCs 3 more months to implement card rules

The Reserve Bank of India (RBI) has given banks and NBFCs three more months to implement three provi..

RBI disallows non-banks from loading credit lines on prepaid payment instruments

RBI disallows non-banks from loading credit lines on prepaid payment instruments

The Reserve Bank of India (RBI) has disallowed non-bank pre-paid wallets and pre-paid cards from loa..

Banks stare at MTM losses on bond holdings, consider approaching RBI

Banks stare at MTM losses on bond holdings, consider approaching RBI

Staring at huge losses from treasury operations, banks are planning to approach the Reserve Bank of ..

RBI rejects digital-only banks proposal

RBI rejects digital-only banks proposal

The Reserve Bank of India (RBI) has rejected the idea of digital-only banks as the model poses risks..