IBA to take up former SBI chairman’s arrest with govt

IBA to take up former SBI chairman’s arrest with govt

The banking community is mobilising the Indian Banks’ Association (IBA) to take up with the governme..

Union Bank of India ups recovery target in FY22; Q2 net up 3-fold

Union Bank of India ups recovery target in FY22; Q2 net up 3-fold

Union Bank of India has upped its recovery target for the current fiscal to Rs 16,000 crore after se..

RBI revises PCA norms for banks

RBI revises PCA norms for banks

The Reserve Bank of India (RBI) has dropped profitability from the list of criteria for putting bank..

Former SBI chairman arrested in loan scam case

Former SBI chairman arrested in loan scam case

Former State Bank of India (SBI) chairman Pratip Chaudhuri  was arrested from his home in Delhi..

Punjab & Sind Bank Q2 net up at Rs 218 cr

Punjab & Sind Bank Q2 net up at Rs 218 cr

Punjab & Sind Bank continued its profit run for the third straight quarter. The public sector ba..

RBI eases current account openings for bank borrowers

RBI eases current account openings for bank borrowers

For borrowers with bank exposure of less than Rs 5 crore, there will be no restriction on the openin..

Indian Bank Q2 net up 164%, Srei slips into Rs 1,800 cr NPA

Indian Bank Q2 net up 164%, Srei slips into Rs 1,800 cr NPA

Indian Bank, which reported a 164% year-on-year jump in its standalone net profit to Rs 1,089.17 cro..

AU Small Finance Bank Q2 net down 13% amid rise in bad loans

AU Small Finance Bank Q2 net down 13% amid rise in bad loans

AU Small Finance Bank has posted 13% decline in net profit to Rs 279 crore for the fiscal second qua..

Equitas SFB Q2 net down 60% at Rs 41 cr

Equitas SFB Q2 net down 60% at Rs 41 cr

Equitas Small Finance Bank posted a 60% year-on-year fall in net profit to Rs 41.2 crore in the quar..

Shaktikanta Das gets 3 more years as RBI Governor

Shaktikanta Das gets 3 more years as RBI Governor

The government has given Shaktikanta Das three more years to remain as the Reserve Bank of India (RB..

Punjab National Bank CEO’s outlook on asset quality, recoveries and credit growth

Punjab National Bank CEO’s outlook on asset quality, recoveries and credit growth

A fall in bad loans, better recoveries and stronger credit growth is how managing director and chief..

Union Bank home loan rates at all-time low of 6.4%

Union Bank home loan rates at all-time low of 6.4%

The home loan market is seeing intense competition with banks slashing rates to lure customers as de..

Indian Overseas Bank Q2 net up at Rs 376 cr

Indian Overseas Bank Q2 net up at Rs 376 cr

State-run Indian Overseas Bank (IOB), which came out of the RBI’s prompt corrective action (PCA), ha..

Canara Bank expects trend of recoveries outpacing NPA adds to continue

Canara Bank expects trend of recoveries outpacing NPA adds to continue

Bengaluru-headquartered Canara Bank reported a 200% rise in net profit to Rs 1,332.61 crore in the f..

Axis Bank quarterly profit touches new high

Axis Bank quarterly profit touches new high

Axis Bank reported its highest quarterly net profit on the back of elevated loan growth, lower provi..