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RBI keeps repo rate unchanged at 4 pc; cuts growth forecast to 9.5 pc
June 4, 2021The Monetary Policy Committee of Reserve Bank of India (RBI) on Friday decided to leave benchmark...
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AIBOC proposes guards for unmanned ATMs to check frauds
June 2, 2021Bank officers’ union AIBOC on Wednesday made a case for deployment of guards at all ATMs...
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Non-banks’ NPAs may rise to 4.5-5 per cent by March 2022: Icra
June 1, 2021Restrictions in movements imposed by various states are likely to impact collections of non-banking financial companies...
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RBI cancels licence of Pune-based co-operative bank. Here’s how it will impact depositors
June 1, 2021The Reserve Bank of India (RBI) on Monday cancelled the licence of Pune-based Shivajirao Bhosale Sahakari...
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HDFC Bank expects retail segment to report higher incidence of asset quality stress due to second wave
May 25, 2021HDFC Bank, India’s largest private sector lender, expects the retail segment to report a higher incidence...
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Bad loans: SC allows banks to proceed against personal guarantors under bankruptcy law
May 21, 2021In a landmark verdict, the Supreme Court has upheld the Centre’s decision to initiate proceedings against...
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SBI Q4 results: Net profit soars 80% YoY as bad loans situation improves
May 21, 2021The country’s largest lender SBI on Friday reported an 80 per cent surge in standalone net...
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SBI partners with Hyperverge to offer tech solutions for online customers
May 20, 2021To serve customers in the new normal times, State Bank of India launches a full power...
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Economy likely to rebound by Q4 of FY22, Bandhan Bank bullish on meeting targets: Chandra Shekhar Ghosh
May 9, 2021Bandhan Bank MD & CEO Chandra Shekhar Ghosh is hopeful that the economy will rebound by...
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India needs robust regulatory framework for open banking operations
May 9, 2021Experts believe India needs a robust regulatory framework to deal with challenges emanating from increasing number...