Why PNB Housing Finance scrapped Rs 4,000-cr Carlyle deal

Why PNB Housing Finance scrapped Rs 4,000-cr Carlyle deal

Running into controversy and fearing prolonged legal hurdles, PNB Housing Finance has scrapped the R..

RBI issues SFB licence to Centrum-BharatePe

RBI issues SFB licence to Centrum-BharatePe

The Reserve Bank of India (RBI) on Tuesday issued a Small Finance Bank (SFB) licence to the consorti..

Bank of Maharashtra cuts interest rates

Bank of Maharashtra cuts interest rates

Pune-headquartered Bank of Maharashtra has reduced its repo linked lending rate (RLLR) by 10 basis p..

RBI bans auditors Haribhakti & Co for 2 years

RBI bans auditors Haribhakti & Co for 2 years

The Reserve Bank of India (RBI) has banned chartered accountant firm Haribhakti & Co from audi..

PNB launches ‘6S Campaign’ to push outreach program

PNB launches ‘6S Campaign’ to push outreach program

Punjab National Bank (PNB), India’s second-largest public sector bank, has launched a ‘6S Campaign’ ..

Bank of Maharashtra launches digital lending platform for home and car buyers

Bank of Maharashtra launches digital lending platform for home and car buyers

State-owned Bank of Maharashtra has launched a digital lending platform for its home loan and car lo..

PMC Bank resolution at an advanced stage: RBI dpy guv

PMC Bank resolution at an advanced stage: RBI dpy guv

The resolution process for Punjab and Maharashtra Co-operative (PMC) Bank is at an advanced stage, a..

RBI ups IMPS limit to Rs 5 lakh

RBI ups IMPS limit to Rs 5 lakh

In a bid to promote digital transactions, the Reserve Bank of India (RBI) has raised the limit to tr..

Bandhan Bank’s collection efficiency improves to 90% as Covid eases

Bandhan Bank’s collection efficiency improves to 90% as Covid eases

Even as the coronavirus pandemic eased relatively in the fiscal second quarter, Bandhan Bank improve..

RBI signals shift from easy-money policy

RBI signals shift from easy-money policy

The Reserve Bank of India (RBI) continued to keep the key lending rate unchanged at 4%, but seemed t..

NCLT directs Zee board to hold meet on Invesco’s plea

NCLT directs Zee board to hold meet on Invesco’s plea

The National Company Law Tribunal (NCLT) has directed Zee Entertainment Enterprises Ltd (ZEEL) to ho..

RBI lifts Indian Overseas Bank out of PCA curbs

RBI lifts Indian Overseas Bank out of PCA curbs

The Reserve Bank of India (RBI) has pulled Indian Overseas Bank (IOB) out of the prompt corrective a..

Invesco moves ZEEL to NCLT over EGM date for CEO’s ouster

Invesco moves ZEEL to NCLT over EGM date for CEO’s ouster

Invesco has moved the National Company Law Tribunal (NCLT) against Zee Entertainment Enterprises Ltd..

The rise in retail loan auctions

The rise in retail loan auctions

Auctions of retail loans are on a sharp rise at a level never seen before in India as non-banking fi..

PNB to house credit card biz in subsidiary, offload stake in future

PNB to house credit card biz in subsidiary, offload stake in future

Punjab National Bank (PNB) will hive off its newly set up credit card business into a wholly owned s..