Banking News
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May 05, 2021, Wednesday
Banks using unseen digital cash could bring down fees on foreign transfers
Blockchain technology used between banks to settle claims could significantly lower the cut taken from customers
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May 05, 2021, Wednesday
As part of strategic disinvestment, govt, LIC to sell stakes in IDBI Bank
Quantum of stake sale to be decided while structuring the transaction
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May 05, 2021, Wednesday
Cabinet approves strategic disinvestment in IDBI Bank
LIC is currently the promoter of IDBI Bank with management control and GoI is the co-promoter
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May 05, 2021, Wednesday
Targeted economic measures by RBI are for second wave of Covid-19
Central bank's measures to mitigate impact of the second wave of infections focus on healthcare.
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May 05, 2021, Wednesday
RBI swings into action after banks indicate rising asset quality pressure
On tap liquidity for SFBs to address needs of small borrowers
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May 05, 2021, Wednesday
RBI announces loan relief, Rs 50,000 cr liquidity to tide over Covid
Central bank's 'immediate objective is to preserve human life and restore livelihoods', says Shaktikanta Das.
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May 05, 2021, Wednesday
RBI gets into the act; lays foundation for more measures going ahead
The signal really given by the RBI is that while it does believe today that things have not taken a turn for the worse as all ...
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May 05, 2021, Wednesday
'RBI in battle mode': Full text of Shaktikanta Das's speech on May 5
Central bank announces scheme allowing banks to support vaccine manufacturers, medical facilities, hospitals in Covid-19.
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May 05, 2021, Wednesday
Govt asks PSBs to protect dollar assets on Cairn concern: Report
The banks' decision to avoid adding more dollars to their offshore account has roiled India's exchange rate in recent days
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May 04, 2021, Tuesday
RBL Bank net declines 34% in Q4 on higher provisions, drop in NII
Its profit after tax for the reporting quarter stood at Rs 75 crore against Rs 114 crore in the year-ago period
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May 04, 2021, Tuesday
Covid-19 second wave: Clamour for packages for banks and NBFCs grows
Senior bankers say the situation had become serious and it was tough to gauge the economic impact
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May 04, 2021, Tuesday
RBI imposes a Rs 3-cr penalty on ICICI Bank for violating prudential norms
The central bank said it found contravention of norms in the matter of 'shifting of securities from one category to another'
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May 03, 2021, Monday
RBI imposes Rs 3 cr fine on ICICI Bank for violating certain rules
The central bank said it found contravention of norms in the matter of 'shifting of securities from one category to another'
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May 03, 2021, Monday
RBI rejigs portfolios after T Rabi Sankar's appointment as deputy governor
Sankar succeeded BP Kanungo, who retired on April 2 after getting a one-year extension in his position
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May 03, 2021, Monday
Kotak Mahindra Bank's consolidated net profit rises 36% in Q4FY21
The lender's NII grew by 8% in Q4FY21 to Rs 3,843 crore, from Rs 3,560 crore in Q4FY20
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May 03, 2021, Monday
YES Bank's capital requirement for current fiscal pegged at Rs 7,500 cr
The bank's MD and CEO Prashant Kumar said the bank would not like its Common Equity Tier I (CET1) ratio to fall below 11 per cent
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May 02, 2021, Sunday
Will try to keep interest rate benign for as long as possible: SBI chief
State Bank of India (SBI) will try to keep the interest rates benign as long as possible with a view to supporting the economic ...
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May 01, 2021, Saturday
T Rabi Sankar named RBI deputy governor to succeed B P Kanungo
Rabi Sankar now joins Mahesh Kumar Jain, Michael Patra and Rajeshwar Rao as the fourth deputy governor of the central bank
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May 01, 2021, Saturday
State Bank of India reduces home loan interest rates to 6.7%
Women borrowers to get a special concession of 5 bps
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April 30, 2021, Friday
IndusInd Bank net profit jumps 194% in March quarter on low provisions
The profit after tax grew to Rs 926 crore, from Rs 315 crore in the year-ago period
