RBI resuscitates NBFCs through LTROs

RBI resuscitates NBFCs through LTROs

The Reserve Bank of India’s long-term repo operations (LTRO) helped resuscitate the non-banking fina..

WPI inflation eases to 11.16% in July

WPI inflation eases to 11.16% in July

India's wholesale price-based inflation cooled for the second consecutive month to 11.16% in July as..

Central Bank of India plans aqua financing in coastal branches

Central Bank of India plans aqua financing in coastal branches

Central Bank of India identifies 350 branches in coastal areas to cater to aqua loans in rural areas..

SBI looks to grow gold loan book to Rs 1 lakh cr in a year

SBI looks to grow gold loan book to Rs 1 lakh cr in a year

State Bank of India, the country’s largest lender with an asset size of over Rs 25 lakh crore, is lo..

RBI cancels licence of a Maharashtra bank

RBI cancels licence of a Maharashtra bank

The Reserve Bank of India (RBI) has cancelled the licence of Karnala Nagari Sahakari Bank, Panvel in..

Industrial output up 13.6% in June

Industrial output up 13.6% in June

India’s industrial output eased to 13.6% in June as against a 16.6% contraction a year ago during wh..

India's retail inflation cools to 3-month low in July

India's retail inflation cools to 3-month low in July

India's retail inflation has eased to a three-month low of 5.59% in July mainly due to moderation in..

SBI starts making loan recovery calls

SBI starts making loan recovery calls

India’s largest lender State Bank of India (SBI) will start making recovery calls from Friday as a s..

Post-SAT verdict, PNB Housing Finance plans to raise Rs 35,000 cr debt

Post-SAT verdict, PNB Housing Finance plans to raise Rs 35,000 cr debt

Halted by SAT’s split verdict on going ahead with the Rs 4,000 crore deal with the Carlyle group, Pu..

10 banks set up secondary market for corporate loans

10 banks set up secondary market for corporate loans

Ten major banks, including State Bank of India, ICICI Bank, Canara Bank and Standard Chartered Bank,..

RBI to fine banks if ATMs run dry

RBI to fine banks if ATMs run dry

The Reserve Bank of India (RBI) will impose penalty on banks in case ATMs run out of cash effective ..

SAT's split verdict likely to land Carlyle-PNB Housing deal in SC

SAT's split verdict likely to land Carlyle-PNB Housing deal in SC

With the Securities Appellate Tribunal (SAT) giving a split verdict in the plea filed by PNB Housing..

Bank of Baroda swings back to profit in Q1

Bank of Baroda swings back to profit in Q1

Bank of Baroda (BoB) is back in the black as it reported a standalone net profit of Rs 1,208.63 cror..

RBI leaves repo rate unchanged; ups inflation estimate

RBI leaves repo rate unchanged; ups inflation estimate

The Reserve Bank of India (RBI) has kept the key policy rate (repo rate) unchanged at 4% for the sev..

Stage set for recovery amid near-term challenges

Stage set for recovery amid near-term challenges

With the second wave of Covid-19 pandemic gradually subsiding and mobility restrictions easing, a re..