RBI cancels licence of Vijayawada-based co-operative bank

RBI cancels licence of Vijayawada-based co-operative bank

The Reserve Bank of India has cancelled the licence of Vijayawada-based Durga Co-operative Urban Ban..

ARCs need to standardise credit bureau reporting: RBI

ARCs need to standardise credit bureau reporting: RBI

The Reserve Bank of India has directed asset reconstruction companies (ARCs) to set up a standard op..

HDFC Bank sells Rs 6,000 cr home loans to trim credit book

HDFC Bank sells Rs 6,000 cr home loans to trim credit book

HDFC Bank has sold a housing loan portfolio of about Rs 6,000 crore ($717 million) as part of the ex..

Manian takes charge as Federal Bank head

Manian takes charge as Federal Bank head

KVS Manian has taken charge as the new managing director & CEO of Federal Bank, succeeding Shyam..

PNB credit card rolls out offers for Zomato, Blinkit users

PNB credit card rolls out offers for Zomato, Blinkit users

Punjab National Bank (PNB) has tied up with Zomato and Blinkit to offer exclusive discounts to their..

Sanjeev Mehta quits Standard Chartered Bank

Sanjeev Mehta quits Standard Chartered Bank

Sanjeev Mehta has stepped down as Standard Chartered Bank's managing director and head of transactio..

SBI to shift to cash-flow based lending to MSMEs: Chairman

SBI to shift to cash-flow based lending to MSMEs: Chairman

State Bank of India is planning to shift from collaterals to cash flow-based lending for all loans t..

IBA to seek easing of RBI’s proposed norms for retail deposits

IBA to seek easing of RBI’s proposed norms for retail deposits

The Indian Banks’ Association (IBA) is likely to ask the central bank to reduce the amount of additi..

RBI to launch ULI to ease credit flow to small borrowers

RBI to launch ULI to ease credit flow to small borrowers

After UPI has revolutionised the retail payment system, the Reserve Bank of India (RBI) is all set t..

RBI Governor Shaktikanta Das ranked top central banker again

RBI Governor Shaktikanta Das ranked top central banker again

Reserve Bank of India Governor Shaktikanta Das has been ranked as the top central banker globally fo..

PNB launches debit card for visually impaired

PNB launches debit card for visually impaired

State-run Punjab National  Bank has launched a braille debit card, designed specifically for th..

RBI keeps repo rate unchanged, retains GDP and inflation forecast for FY25

RBI keeps repo rate unchanged, retains GDP and inflation forecast for FY25

The Reserve Bank of India (RBI) has kept the repo rate unchanged for the ninth consecutive time whil..

Cheques to now be cleared in a few hours

Cheques to now be cleared in a few hours

Now expect cheques to be cleared within hours, benefitting both the payer and the payee. The Re..

RBI sets guidelines to manage model risks in credit

RBI sets guidelines to manage model risks in credit

The Reserve Bank of India (RBI) has laid down broad principles for management of model risks in cred..

Customers of several co-operative, regional rural banks affected due to ransomware attack

Customers of several co-operative, regional rural banks affected due to ransomware attack

Customers of several co-operative banks and regional rural banks (RRBs) across the country were not ..