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CRISIL revises Kingfisher's loan rating to 'not meaningful'

CRISIL had rated bank facilities, including long-term loans, working capital loans and cash credit, valued at Rs 5,582 crore

Vacuum at top in IOB

Only one executive director to manage affairs for the bank

Anil Ambani's son, Jai Anmol, joins Reliance Capital board

He would move in as an additional director after a two year stint in the finance company

No retail loan bubble in the making, says SBI chief

Last week, Reserve Bank of India Governor Raghuram Rajan had warned banks against chasing retail consumers for hawking loans

Lending rates to soften only slowly: Banks

SBI chairperson Arundhati Bhattacharya says banks are not in position to compress margins as they have to provide for credit costs

Amin Group proposal for Jyoti Structures: Lenders to meet this week

If lenders agree to the Amin group's proposal it may mean taking a cut of Rs 3,000-3,500 crore

RBI's Patra, IMF's Kochhar likely candidates for Dy governorship

The RBI governor can select his team

Moderate tax rates, evasion cannot coexist, says Jaitley

Says industry and business must pay taxes which is due, repay loans taken from banks for economy to function

Jaitley to review PSBs' show

To address Indian Banks' Association on September 1

Share swaps kick off SBI merger

Five associate banks, BMB will merge with SBI by Mar 2017

BoI to tap retail investors for tier-I capital bonds

Targets Rs 1,000 cr via sale of non-core assets

SBI turns bullish on credit growth for FY17

Monsoon to fuel rural lending, industrial borrowing may get a leg-up

PSU banks underpay at top; I too feel underpaid: Rajan

In a lighter vein, Rajan said he felt he was "underpaid" as PSBs tend to overpay at the bottom but underpay their top executives

Listed PSBs in red for a third quarter

Pace of additions to NPAs slower but provisioning pressure will continue for a while

Pain for SBI's associate banks to stay in Q2: SBI chief

Says associates will report better performance from the subsequent quarter

SBI stock rises despite 32% fall in profit

Rs 14,384-cr capital boost from realty re-valuation

BoB Q1 net dives 60% to Rs 424 cr

Back in black after losses in two quarters; slippages in retail book a surprise

IDBI Bank Q1 net up 78.3% on tax credit

The bank's gross non-performing assets increase to 11.9%

RBI bought forex worth $3.8 bn in Apr-June

In its third bi-monthly policy review RBI said the pace of foreign direct investment inflows slowed in the first two months of 2016-17

Bond markets rally as salute to Rajan's last monetary policy

RBI Governor says if the central bank sees stress in currency market, it will take a call on infusing liquidity in the foreign exchange markets