Browsing: Banks
Mumbai: On Monday, Fitch Ratings revised its Long-Term Issuer Default Ratings (IDR) on nine Indian banks from ‘stable’ to ‘negative.’…
New Delhi: Public sector Punjab National Bank (PNB) is planning to hit the capital market in the fourth quarter of…
MUMBAI: On Friday, the Reserve Bank of India (RBI) extended regulatory restrictions on the fraud-hit Punjab and Maharashtra Co-operative (PMC)…
New Delhi: The Asian Development Bank (ADB) said on Thursday that the country’s economy is projected to shrink by four…
As per sources privy to the development, Yes Bank is mulling to raise at least Rs. 8000 crore via rights…
New Delhi: State Bank of India on Tuesday said it has sold a 2.1 percent stake in its subsidiary SBI…
Mumbai: On Thursday, the Reserve Bank of India (RBI) released a discussion paper on ‘Governance in Commercial Banks in India’…
Mumbai:On Friday, the State Bank of India (SBI) reported a 327.1 percent jump in its net profit for the March…
New Delhi: Private sector lender IndusInd Bank today launched a mobile app for opening current account. And using the app…
New Delhi: Moody’s Investors Service (Agency) have, vide their Rating Action dated June 2, 2020 communicated that Moody’s have downgraded…
Mumbai: State Bank of India has reduced the annual interest rate on savings bank accounts by 0.05 percent to 2.70…
New Delhi: On Tuesday, State Bank of India (SBI) said that it has created a separate vertical to focus on…
New Delhi: Private sector lender Yes Bank on Sunday announced restructuring of salaries for senior leadership team, wherein nearly a…
New Delhi: The public sector Union Bank of India has cut the external benchmark landing rate (EBLR) by 40 basis…
New Delhi: Public sector Bank of India has announced a 0.25 per cent reduction in the Marginal Cost Based Loan…
On Thursday, RBI imposed monetary penalties on three banks for various rule violations. The central bank imposed fines of Rs…
New Delhi: The Reserve Bank of India has fined two banks. These banks did not comply with certain provisions, due…
On Monday, Kotak Mahindra Bank (KMB) lowered the savings account interest rate (SA) to 1 Lakh by 25 basis points…
On Friday, State Bank of India (SBI) chairman Rajnish Kumar told reporters that close to 20 percent of the bank’s…
In order to meet the temporary liquidity mismatch arising out of COVID-19 outbreak, Canara Bank has announced ‘CANARA CREDIT SUPPORT’…