SFBs eye diversification to boost secured lending Of gross advances of Rs 21,688 crore made in Q1FY23, 38% were meant for small businesses and agricultural loans while… August 20, 2022 12:30 am
Uni temporarily suspends two of its cards Uni, which was one of SBM’s card partners, said the process will begin in phases for its customers starting Friday,… August 20, 2022 12:15 am
RBI clarifies on bank privatisation after article draws attention, says views not its but of authors The research paper published in the August 2022 issue of RBI Bulletin said “the gradual approach to privatisation adopted by… August 19, 2022 5:23 pm
SBI sells KSK Mahanadi Power loan account to Aditya Birla ARC for Rs 1,622 crore “SBI initiated open offer e-auction towards sale of fund based exposure of KSK Mahanadi Power Co. Ltd on 100 per… August 19, 2022 3:02 pm
RBI paper wants gradual privatisation of banks Although private banks have been making some inroads in rural areas, their progress remains slow. For example, PSBs’ share in… August 19, 2022 6:10 am
Banks, other PSPs to bear cost of lower transaction charges: Analysts Among other things, the paper asks if credit card MDR and interchange should be regulated by the central bank. August 19, 2022 3:45 am
RBI Bulletin: सरकारी बैंकों का धुआंधार निजीकरण ठीक नहीं, फायदे से ज्यादा होगा नुकसान Reserve Bank Of India ने अपने ताजा बुलेटिन में कहा, सरकारी बैंकों का एकमात्र मकसद मुनाफा बढ़ाना नहीं होता, PSBs… August 18, 2022 8:54 pm
Banking sector earnings dragged by treasury hits, misses expectations; management retains positive outlook April-June quarter earnings of the banking sector failed to meet expectations pinned by analysts. August 17, 2022 5:22 pm
‘We are now more open to infrastructure financing’ Kotak Mahindra Bank has nuanced its position on project finance and is now participating in a few deals, whole time… August 17, 2022 7:19 am
Kotak, Punjab and Sindh Bank hike MCLRs Public sector lender Punjab and Sindh Bank also raised its MCLR in the range of 5-10 bps across tenures. August 17, 2022 2:45 am
SBI moves insolvency petition against Bajaj Hindusthan Sugar FE reported last month that Bajaj Hindusthan owes cane farmers in Uttar Pradesh dues to the tune of Rs 2,860… Updated: August 17, 2022 1:33 am
RBI clears way for IDBI Bank EoI in September While the Centre is keen to conclude the transaction during the current financial year, it may spill over to next… August 17, 2022 1:00 am
The fine print: Want cover for your home loan EMIs? When buying a home loan insurance policy, check the various risks covered under the policy apart from death and total… August 17, 2022 12:15 am
SBI launches its first dedicated branch for start-ups in Bengaluru The branch launched by SBI Chairman Dinesh Khara is located in Koramangala, which alongside neighbouring HSR Layout and Indiranagar are… August 16, 2022 6:51 pm
SBI’s home loan EMIs to rise as lending rate hiked again The banks have also raised their RLLR. August 16, 2022 4:30 am
Julius Baer embarks on 5-yr transformation strategy It generally banks with ultra high net worth individuals who have investable assets of Rs 25-100 crore, even though a… August 16, 2022 1:30 am
To sustain loan growth of 15 pc in current fiscal, says SBI chairman The country’s largest lender reported a 14.93 per cent rise in advances to Rs 29,00,636 crore in the first quarter… August 15, 2022 5:15 pm
Banks may continue raising interest rates this fiscal year; deposits now playing catch-up with lending rates Reserve Bank of India (RBI) continuing to tighten the repo rate to suck out excess liquidity and tame inflation, interest… August 15, 2022 12:09 pm
Sponsor banks set up panel for massive tech upgrade at RRBs Amithabh Banarjee, chairman of Aryvart Bank, will be the “alternate chairman” of the group. It will also have a senior… August 15, 2022 5:30 am
Digital banking units, post-Covid recovery may feature in PM’s I-day speech All state-run banks, 10 private sector banks and one small finance bank have completed work to operationalise the 75 DBUs.… August 15, 2022 1:00 am
Q&A | We are keen to double our portfolio size in next three-four years: Gauri Shankar Nagabhushanam, CapitaLand Investment
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