SBI lowers loan growth target on tariff uncertainty

SBI lowers loan growth target on tariff uncertainty

State Bank of India, the country’s largest bank, has lowered its loan growth target for the financia..

IndusInd Bank crisis an episode and not failure, says RBI Guv

IndusInd Bank crisis an episode and not failure, says RBI Guv

Incidents like the accounting lapses in IndusInd Bank or the crisis in New India Cooperative Bank ar..

SBI raises $1bn in syndicated dollar loan

SBI raises $1bn in syndicated dollar loan

State Bank of India has raised $1 billion. This is  the largest dollar-denominated syndicated l..

IndusInd Bank raises another Rs 2,750 crore via CDs

IndusInd Bank raises another Rs 2,750 crore via CDs

After a Rs 11,000 crore mop up, IndusInd Bank has raised another Rs 2,750 crore by issuing certifica..

After derivatives goof up, IndusInd Bank raises Rs 11,000 cr via CDs to boost liquidity

After derivatives goof up, IndusInd Bank raises Rs 11,000 cr via CDs to boost liquidity

In a bid to strengthen its funding position amid deposit withdrawals following the disclosure of a R..

SBI defers plans to raise $1.7 bn amid rising yields

SBI defers plans to raise $1.7 bn amid rising yields

State Bank of India has decided to shelve its plans to raise funds through bond issuance this fiscal..

Bank unions stick to March 24-25 strike as talks with IBA fail

Bank unions stick to March 24-25 strike as talks with IBA fail

India’s bank unions are firm on sticking to its earlier strike call. The United Forum of Bank Unions..

IndusInd Bank CEO, deputy sold shares to gain Rs 157 cr in 2023, 2024

IndusInd Bank CEO, deputy sold shares to gain Rs 157 cr in 2023, 2024

IndusInd Bank, which has revealed accounting discrepancies in its derivatives portfolio, has had two..

Punjab & Sind Bank CEO lines up branch expansion, eyes retail loans

Punjab & Sind Bank CEO lines up branch expansion, eyes retail loans

Punjab & Sind Bank is increasing its physical presence outside the state of Punjab, a market it ..

Bank of Maharashtra cuts interest rate on retail loans

Bank of Maharashtra cuts interest rate on retail loans

Bank of Maharashtra has joined several other lenders to cut interest rate by 25 basis points on reta..

PNB lowers retail loan rates by 25 bps

PNB lowers retail loan rates by 25 bps

The biggies are lowering interest rates, following the Reserve Bank of India’s repo rate cut by 25 b..

RBI penalises Ujjivan SFB, Nainital Bank

RBI penalises Ujjivan SFB, Nainital Bank

The Reserve Bank of India has fined Nainital Bank and Ujjivan Small Finance Bank for contravention o..

Bank of Baroda gets board nod to raise Rs 8,500 cr

Bank of Baroda gets board nod to raise Rs 8,500 cr

Bank of Baroda’s board has approved raising capital up to Rs 8,500 crore through common equity share..

RBI bars Mumbai-based co-operative bank from offering loans, deposit withdrawals

RBI bars Mumbai-based co-operative bank from offering loans, deposit withdrawals

The Reserve Bank of India (RBI) has imposed restrictions on Mumbai-based New India Co-operative Bank..

Shouldn’t worry about rupee’s daily fluctuations, says RBI Governor

Shouldn’t worry about rupee’s daily fluctuations, says RBI Governor

Reserve Bank Governor Sanjay Malhotra on Saturday said that the the central bank doesn’t target a pa..