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RBI relaxes KYC norms, tells banks not to impose any restriction till Dec-end
May 5, 2021The Reserve Bank on Wednesday asked banks and other regulated financial entities not to impose any...
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RBI announces liquidity window of Rs 50,000 crore for COVID-related healthcare infrastructure
May 5, 2021The Reserve Bank of India has announced a targeted on-tap liquidity window of Rs 50,000 crore...
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State Bank of India slashes home loan interest rates. Check details
May 1, 2021Lending major State Bank of India (SBI) on Saturday announced that it has reduced its home...
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IBA identifies 102 corporate bad loans totalling to Rs 2 lakh crore
April 29, 2021The Indian Banks Association (IBA) has identified 102 corporate bad loans, totalling to Rs 2 lakh...
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Covid Second wave likely to have minor impact on NBFCs, pent-up demand to help
April 29, 2021Though the disruption in economic activities due to the second wave of COVID-19 may impact non-banking...
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ICICI Bank’s net profit jumps 260 PC to Rs 4,403 Cr in Q4FY21; NII rises 17 PC
April 24, 2021Private sector lender ICICI Bank on Saturday reported a 261 per cent year-on-year (YoY) rise in...
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RBI bars American Ex, Diners Club from enrolling new customers from May 1
April 24, 2021The Reserve Bank has restricted American Express Banking Corp and Diners Club International Ltd from on-boarding...
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SBI keen on acquiring Citibank’s card business
April 17, 2021With the Citibank set to leave the Indian market, domestic and private banks including SBI are...
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Citibank set to exit India, sheds light on battle for market share
April 16, 2021Increased rivalry from domestic lenders battle for market share is one of the reasons, including high...
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RBI orders banks to take proactive measures to maintain business continuity
April 13, 2021The RBI Governor Shaktikanta Das, in a meeting on Monday, asked bank CEOs to take proactive...
