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..

Public sector banks post strong growth in first half of FY25

Public sector banks post strong growth in first half of FY25

The finance ministry on Tuesday said public sector banks (PSBs) have put up a strong performance in ..

Canara Bank, Karnataka state police ink MoU for premium payroll accounts

Canara Bank, Karnataka state police ink MoU for premium payroll accounts

Canara Bank has signed a Memorandum of Understanding (MoU) with the Karnataka State Police for premi..

Public sector banks have no power to issue look out circulars to defaulters: Bombay HC

Public sector banks have no power to issue look out circulars to defaulters: Bombay HC

The Bombay High Court on Tuesday ruled that public sector banks do not have the power in law to issu..

SBI requests SC to extend deadline to make public electoral bonds info

SBI requests SC to extend deadline to make public electoral bonds info

State Bank of India (SBI) has requested the Supreme Court to grant time until 30 June to disclose de..

RBI cancels licence of Rajasthan-based urban co-operative bank

RBI cancels licence of Rajasthan-based urban co-operative bank

The Reserve Bank of India (RBI) has cancelled the licence of Sumerpur Mercantile Urban Cooperative B..

RBI cancels licence of another co-operative bank

RBI cancels licence of another co-operative bank

The Reserve Bank of India (RBI) has cancelled the licence of Jai Prakash Narayan Nagari Sahakari Ban..

HDFC Bank applies for bank licence in Singapore to grow overseas

HDFC Bank applies for bank licence in Singapore to grow overseas

HDFC Bank is looking to open its first branch in Singapore as it seeks to expand its overseas footpr..

Fino Payments Bank applies for SFB licence, awaits RBI nod

Fino Payments Bank applies for SFB licence, awaits RBI nod

Fino Payments Bank, a subsidiary of Fino Paytech Limited, has applied for a small finance bank (SFB)..

Public sector banks get Rs 15,183 crore on ED action: FM Nirmala Sitharaman

Public sector banks get Rs 15,183 crore on ED action: FM Nirmala Sitharaman

The Enforcement Directorate (ED) has confiscated assets worth Rs 15,186.64 crore under the stringent..

LIC to retain some stake in IDBI Bank: Chairman

LIC to retain some stake in IDBI Bank: Chairman

State-owned Life Insurance Corporation (LIC) intends to retain a part of its stake in IDBI Bank to h..

Only Rs 10,000 cr worth of 2,000-rupee notes still with public: RBI

Only Rs 10,000 cr worth of 2,000-rupee notes still with public: RBI

More than 97% of the Rs 2,000 banknotes have returned to the banking system and only about Rs 10,000..

Govt clears 12 ED appointments in public sector banks

Govt clears 12 ED appointments in public sector banks

The government has approved the appointments of 12 general managers as executive directors (EDs) of ..

Read Full Text of RBI Governor’s monetary policy speech

Read Full Text of RBI Governor’s monetary policy speech

While the repo rate is unchanged at 6.5%, RBI Governor Shaktikanta Das has signalled that liquidity ..

RBI cancels licence of Lucknow Urban Co-operative Bank

RBI cancels licence of Lucknow Urban Co-operative Bank

The Reserve Bank of India (RBI) has cancelled the banking licence of Lucknow Urban Co-operative Bank..