
Bandhan Bank’s board in November 2023 approved re-appointment of Ghosh as MD and CEO for a period of three years.
“Financial sector players, by and large, operate with public money – be it of depositors in banks and select NBFCs…
“Let me emphasise that banks, NBFCs and other financial entities must continue to give the highest priority to quality of…
‘We propose to release the framework by the end of April. I had mentioned in last year’s Global Fintech Festival…
Based on an announcement in the Union Budget for 2022-23, the government issued Sovereign Green Bonds (SGrBs) in January 2023.
In a statement on Developmental and Regulatory Policies announced with the new fiscal year’s first monetary policy review, Das said…
Most private banks show similar trend of higher QoQ deposit growth than credit
Country’s largest private sector lender HDFC Bank on Thursday reported that its overall deposits stood at Rs 23.80 trillion as…
Last month, Union Bank of India Chief Digital Officer (CDO) Rajnish Khare resigned from the bank after a mere 15…
A presentation was made by RBI-NPCI in this regard at a seminar held under the WTO’s Committee on Trade in…
Data from CareEdge Ratings indicate that banks have around 40% market share in the used commercial vehicle segment while the…
The equity offerings included initial public offerings (IPOs), follow-on offerings (FPO), offer for sales (OFS), qualified institutional placement (QIPs), real…
The new rate would be effective from April 1, BoI said in a regulatory filing on Saturday.
The Rs 2,000 currency note was first introduced in November 2016, following the demonetization of the old Rs 1,000 and…
“After a prolonged slowdown, the overall deposit growth is finally seen picking up to some extent, aided by bulk &…
Loan disbursements rose 27.1% y-o-y to Rs 89,043 crore in the December quarter. Microfinance entities disbursed 18.7 million loans in…
The ratings agency downgraded First Commonwealth Financial , M&T Bank, Synovus Financial, Trustmark and Valley National Bancorp to “negative” from…
The recent measures by the RBI will curtail lenders’ over-exuberance, enhance compliance culture, and safeguard customers, but the drawback will…