SBI had planned to raise up to Rs 15,000 crore through bond sales before March-end; will now tap the market in FY26.
RBI assures depositors that there is no need to react to speculative reports at this juncture; directs IndusInd Bank's board to complete remedial action in Q4 following Rs 2,100 crore accounting discrepancy disclosed by private lender.
Bank Unions say its two-day nationwide strike on March 24 and 25 will be observed as scheduled since discussions with IBA over key demands fail to yield any positive outcome.
IndusInd Bank CEO Sumant Kathpalia and Deputy CEO Arun Khurana sold shares to make a get gain of Rs 157 crore during 2023 and 2024.
RBI asks board of IndusInd Bank to look for external candidates for the post of Chief Executive Officer and Chief Operating officer.
India’s retail inflation falls to 7-month low of 3.61% in Feb, mainly due to slower rise in food prices; triggers hopes of RBI cutting interest rate for the second straight time in April policy.
RBI wants to rule out whether IndusInd Bank’s issue is part of bigger problem in banking sector.
RBI imposed penalties on four NBFCs for non-compliance with certain provisions of its directions related to 'peer-to-peer lending platform'.
RBI grants a year’s extension to Sumant Kathpalia, MD and CEO of IndusInd Bank; the lender’s board had asked for a 3-year extension.
14-day variable rate repo auction receives bids worth Rs 8,375 crore against notified amount of Rs 50,000 crore, indicating easing of liquidity following RBI’s continuous infusion of funds.
Piyush Gupta, who retires this month, received Rs 114.89 crore in total pay for 2024 as CEO of Singapore's largest regional bank DBS Group.
RBI plans to ask lenders to follow stricter underwriting processes for gold loans and monitor the end-use of funds in this fast-growing lending segment.
Under OMO auctions, RBI to purchase government securities worth Rs 1 lakh cr; to also conduct a buy/sell USD/INR currency swap auction of $10 bn.
SBI is selling its stake in Jio Payments Bank at Rs 13.22 apiece; Jio Financial currently holds 82.17% stake in the payments bank.
Between 2019 and 2024, 4 crore women have taken loans worth Rs 4.7 lakh crore by pledging their gold. This accounts for 38% of all loans taken by women in 2024.
