SBI eyes stake sale in Yes Bank by March-end

SBI eyes stake sale in Yes Bank by March-end

Yes Bank, rescued in 2020 primarily by the country’s largest lender State Bank of India (SBI), is li..

Electoral Bonds: SC asks SBI to disclose all info by 21 March

Electoral Bonds: SC asks SBI to disclose all info by 21 March

Pulling up the State Bank of India, the Supreme Court today told the state-owned lender to stop bein..

SC rejects plea, SBI to disclose electoral bonds info on 12 March

SC rejects plea, SBI to disclose electoral bonds info on 12 March

The Supreme Court has turned down the State Bank of India’s (SBI) application seeking an extension u..

RBI extends deadline for stopping Paytm Payments Bank services to 15 March

RBI extends deadline for stopping Paytm Payments Bank services to 15 March

The Reserve Bank of India (RBI) on Friday gave a 15-day extension to Paytm Payments Bank for stoppin..

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..

Share of loans bearing over 9% interest rises to 56.1% in March: RBI

Share of loans bearing over 9% interest rises to 56.1% in March: RBI

The share of loans bearing over 9% interest rate rose to 56.1% in March 2023 from 31.4% a year ago, ..

SBI ‘okay’ with lowering stake in Yes Bank to 26% by March 2023

SBI ‘okay’ with lowering stake in Yes Bank to 26% by March 2023

State Bank of India is ‘okay’ with lowering stake in Yes Bank to 26% by the end of the current finan..

India’s arduous march from easy to hard money

India’s arduous march from easy to hard money

The Reserve Bank of India (RBI) allowed cheap money to continue for long. It didn’t matter that Indi..

Punjab National Bank to consider debt raising plan for FY23 on 29 March

Punjab National Bank to consider debt raising plan for FY23 on 29 March

State-owned Punjab National Bank will convene a board meeting later this month to decide on its capi..

Bad bank to take in Rs 50,000 cr of stressed loans by March-end

Bad bank to take in Rs 50,000 cr of stressed loans by March-end

India’s bad bank is set to roll out operations after receiving all regulatory approvals and lenders ..

Deadline for periodic KYC update extended till March 31

Deadline for periodic KYC update extended till March 31

With uncertainty prevailing due to the Omicron variant of Covid-19, the Reserve Bank of India (RBI) ..

RBI extends restrictions on PMC Bank till end-March

RBI extends restrictions on PMC Bank till end-March

The restrictions on Punjab and Maharashtra Co-operative (PMC) Bank will continue for another three m..

Retail loans march ahead of corporate credit amid Covid-19

Retail loans march ahead of corporate credit amid Covid-19

A surge in gold loans has pushed retail advances to the top of bank credit for the first time. Loans..

India's current account deficit widens in March quarter

India's current account deficit widens in March quarter

India's current account deficit has widened in the quarter ended March on account of a higher trade ..

Retail inflation rises to 5.52% in March

Retail inflation rises to 5.52% in March

For the fourth consecutive month, retail inflation has fallen within the Reserve Bank of India’s upp..