Page 12 of Banks

Bank Holidays in July 2025: Banks shut for 13 days; Check full list of upcoming holidays

Upcoming Bank Holidays in July 2025: Banks will be closed for 13 days in July 2025 across India due to…

Updated: June 30, 2025 14:11 IST

disinvestment, IDBI Bank, banks, banking sector, LIC, government, financial bids, privatisation, stake sale, share purchase agreement

IDBI Bank to go private: Govt, LIC likely to invite financial bids by Sep to offload 60.72% stake

The government is set to privatise IDBI Bank, with financial bids expected by September and a projected disinvestment target of…

Updated: June 30, 2025 13:46 IST

banking, banks, Karnataka Bank, Raghavendra Srinivas Bhat, Sekhar Rao

Karnataka Bank MD & ED resign amid reported dispute with Board

Karnataka Bank MD Srikrishnan H. H. Sarma and ED Sekhar Rao resign amid reported Board dispute over Rs 1.53 crore…

June 29, 2025 23:52 IST

karnataka bank ceo resigns, karnataka bank, karnataka bank near me, karnataka bank crisis, karnataka bank ceo

Karnataka Bank CEO Srikrishnan Sarma resigns, Executive Director Sekhar Rao likely to quit too: Reports

During the bank’s recent earnings call, an investor questioned the board about the auditors’ findings. In response, Sarma acknowledged the…

June 28, 2025 18:02 IST

SBI, banks, banking sector, QIP, investment banks, fundraise, shares

SBI finalises bankers for Rs 25,000 crore QIP, may set record as India’s largest-ever share sale

State Bank of India has shortlisted global and domestic investment banks for its upcoming Rs 25,000 crore QIP, marking its…

June 26, 2025 10:20 IST

RBI, repo rate, Reserve Bank of India, bank, banking, finance

RBI to conduct Rs 1L-crore reverse repo on Friday

RBI to conduct Rs 1 lakh crore reverse repo auction on Friday, first in 7 months, to absorb excess liquidity.…

June 24, 2025 23:15 IST

SFB, RBI, PSL, Reserve Bank of India, NBFC, banking, small finance bank

SFBs see more biz opportunities as RBI cuts PSL target

The RBI’s move to cut priority sector lending (PSL) targets from 75% to 60% boosts flexibility and profitability for small…

Updated: June 24, 2025 17:10 IST

RBI, banks, NBFCs, BFSI, banking sector, balance sheets, profitability, project financing norms, lending appetite, regulatory clarity, Provisioning, DCCO extensions

RBI eases project financing norms: What does it mean for banks and NBFCs?

The RBI has eased its project financing norms.The move is expected to boost lending appetite while offering regulatory clarity and…

Updated: June 20, 2025 17:47 IST

RBI, RBI MPC, rate cut, repo rate, inflation, growth, GDP growth, MPC statement, monetary policy easing, liquidity, banking sector, accommodative stance

RBI issues project finance norms for banks, NBFCs

The RBI issued norms to provide a harmonised framework for financing of projects in infrastructure and non-infrastructure sectors by banks,…

Updated: June 19, 2025 19:46 IST

Banks are making ATM withdrawals costlier from July 1 – here's how much extra you'll pay

ATM withdrawals, other banking services to be costlier from July 1 – here’s how much THESE banks will charge

The country’s big private and government banks have increased the charges for withdrawing money from ATM, cash deposit and other…

June 19, 2025 15:15 IST

RBI, banks, banking sector, commercial banks, Supervisory Data Quality Index, bad loans, asset-liability, capital adequacy, Scheduled Commercial Banks

Supervisory Data Quality Index of banks improves in March: RBI

The Supervisory Data Quality Index of commercial banks has improved to 89.3 in March 2025 compared to 88.6 in the…

Updated: June 18, 2025 14:06 IST

government, Centre, merchant bankers, banks, banking sector, public sector banks, Disinvestment, stake sake, QIP, OFS route, operational requirements, capital infusion

Disinvestment drive: Govt to fast-track stake sale in 5 PSBs via QIP and OFS routes, say report

The government is set to expedite the process of selling its stake in public sector banks (PSBs). The stake sales…

Updated: June 17, 2025 11:59 IST

private sector bank, banks, Reserve Bank of India, RBI, monetary policy committee, MPC

Corporates, banks turn G-Sec sellers

After RBI’s surprise 50 bps repo rate cut to 5.50%, corporates and banks turned sellers of G-Secs to book profits.…

June 11, 2025 23:05 IST

National Payments Corporation of India, NPCI, UPI, Unified Payments Interface

NPCI’s UPI overhaul: Know what is changing from August 1

With UPI accounting for 83% of all digital transactions, the repeated failures have sparked urgent calls from experts for system-level…

June 7, 2025 20:39 IST

banking, banks, bfsi, Monetary Policy Committee, RBI, liquidity

Banking liquidity at Rs 3 lakh crore, highest in 3 years

Banking system liquidity hits Rs 3 lakh crore, highest in 3 years, driven by RBI’s Rs 8.6 lakh crore infusion…

June 4, 2025 23:00 IST

Adani Enterprises, Adani Airports, funding, fundraise, External Commercial Borrowings, international banks, fund expansion, debt refinancing, airports, financial institutions, aviation sector

Adani Airports raises $750 million via ECB to fund expansion, debt refinancing

Adani Airports Holdings Ltd (AAHL) has raised $750 million via External Commercial Borrowings (ECB) from a consortium of international banks.

Updated: June 4, 2025 11:46 IST

Aadhar card online update 2025: Change name, address, date of birth and mobile number

Credit bureaus seek RBI nod for Aadhaar use; banks differ

Credit bureaus seek RBI approval to use Aadhaar for client mapping to improve credit accuracy and reduce identity fraud. Banks…

June 3, 2025 23:00 IST

RBI, government bonds, capital infusion, financial system, auction, liquidity

RBI to transfer Rs 2.69 lakh crore to Govt

RBI to transfer record Rs 2.69 lakh crore surplus to govt for FY25, aiding fiscal deficit targets. Despite higher CRB…

May 23, 2025 21:19 IST

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Reliance Industries to consider buying Venezuelan oil: Report

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Reliance Industries is considering buying Venezuelan oil if allowed to sell it to non-US buyers, according to a Reuters report. The company is awaiting clarity on access for non-US buyers and will purchase the oil in a compliant manner. The US has begun marketing Venezuelan oil globally and controls its sale for an indefinite period

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