Category: RBI–Banks

A large number of these borrowers are from the steel, power and telecom sectors. (Reuters) Indian banks are beginning to spot a welcome change in

Looking to mobilise deposits of ₹10,000 cr over the next three years, says MD Mumbai, July 18: Fino Paytech has launched its banking operations, adding

Lakshmi Vilas Bank, Federal Bank, South Indian Bank, DCB Bank, Karur Vysya Bank, Karnataka Bank are on a roll when the banking industry dominated by

Country’s largest lender State Bank of India has taken yet another step to boost its home loans, billed as a safe bet for lenders that

The Reserve Bank of India on Monday told the Supreme Court that it could not make public the identities of the big defaulters of loans

Bank of India (BoI), which had been reporting losses for last two consecutive financial years, expects to return to black in the second quarter of

On May 13, when the Street came to know that YES Bank’s non-performing assets (NPA) figure for FY16 was higher from the Reserve Bank of

IndusInd Bank met the Street’s expectations when it reported a 26 per cent growth in its June quarter (Q1) net profit at Rs 837 crore.

The government’s bid to consolidate public sector banks through mergers to create big banks is fraught with risks as many big private banks globally, including

One-time settlement of dues by defaulters may rise in the next few months as banks’ aggressive move to recover loans and the Reserve Bank of

The historically low inflation print of 1.54 per cent for June has strengthened voices arguing for a rate cut by the Reserve Bank, and understandably

Urging all to not fall prey to falsehoods on the future of weak banks, RBI Deputy Governor SS Mundra on Friday said lenders’ inclusion under