Indian Bank aims to recover Rs 7,000 cr of bad loans in FY25, raise Rs 5,000 cr

Indian Bank aims to recover Rs 7,000 cr of bad loans in FY25, raise Rs 5,000 cr

Chennai-headquartered Indian Bank plans to recover about Rs 7,000 crore of bad loans in the current ..

RBI’s worry on personal loans below Rs 50,000

RBI’s worry on personal loans below Rs 50,000

The Reserve Bank of India (RBI) has identified consumer credit, particularly in sub Rs 50,000 person..

SBI raises Rs 10,000 cr via infra bonds

SBI raises Rs 10,000 cr via infra bonds

State Bank of India (SBI) has raised Rs 10,000 crore via infrastructure bonds to fund projects in se..

Counterfeit of Rs 2,000 notes more than double

Counterfeit of Rs 2,000 notes more than double

Counterfeit notes detected of Rs 2,000 denomination jumped in 2023-24 to 26,035 pieces in 2023-24 fr..

SBI hiring 12,000 employees for IT and other roles

SBI hiring 12,000 employees for IT and other roles

State Bank of India (SBI) is in the process of hiring around 12,000 employees for information techno..

97.76% of Rs 2,000 currency notes returned, says RBI

97.76% of Rs 2,000 currency notes returned, says RBI

The Reserve Bank of India (RBI) on Thursday said 97.76% of the Rs 2,000 denomination banknotes have ..

ICICI Bank blocks 17,000 credit cards amid data breach

ICICI Bank blocks 17,000 credit cards amid data breach

If you are an ICICI Bank credit card customer, you may get concerned about a glitch in the lender’s ..

97.62% of Rs 2,000 notes returned to banking system

97.62% of Rs 2,000 notes returned to banking system

The Reserve Bank of India (RBI) on Friday said 97.62% of the Rs 2,000 bank notes have returned to th..

Union Bank of India plans to raise Rs 3,000 crore via QIP

Union Bank of India plans to raise Rs 3,000 crore via QIP

Union Bank of India on Tuesday approved plans to raise Rs 3,000 crore through a qualified institutio..

Canara Bank raises Rs 2,000 crore via bonds

Canara Bank raises Rs 2,000 crore via bonds

Canara Bank has raised Rs 2,000 crore by issuing bonds to fund business growth.The fund has been rai..

SBI’s burden due to increased salaries, pensions to reach Rs 26,000 crore by March

SBI’s burden due to increased salaries, pensions to reach Rs 26,000 crore by March

State Bank of India’s (SBI) outgo on account of increase in salaries and pensions will jump to aroun..

Paytm to go slow on consumer loans under Rs 50,000

Paytm to go slow on consumer loans under Rs 50,000

Paytm has decided to scale down the proportion of its unsecured loans below Rs 50,000 following the ..

41,000 UCO Bank customers get Rs 820 cr credit, CBI conducts searches

41,000 UCO Bank customers get Rs 820 cr credit, CBI conducts searches

The Central Bureau of Investigation (CBI) has conducted searches at 13 locations in West Bengal and ..

Bank of Baroda plans to raise  Rs 15,000 crore via bonds

Bank of Baroda plans to raise Rs 15,000 crore via bonds

Bank of Baroda plans to raise up to Rs 15,000 crore via bonds to fund its business growth.The state-..

Banks may need Rs 84,000 cr more as RBI tightens norms on consumer loans

Banks may need Rs 84,000 cr more as RBI tightens norms on consumer loans

The Indian banking system will require Rs 84,000 crore of excess capital due to revised unsecured lo..