Total 190 bps hike since May to tame inflation.
The RBI has sold forex reserves worth $92 billion over the last one year and the 12-month forward-looking import cover…
Shyam Mani, head – SME & NRI of CSB Bank, said that interest rates overseas have gone up after the…
“When banks from India raise money from foreign investors, they are implicitly signing up for no dealing with sanctioned entities…
The bank will continue to open 100 branches a year in the medium term, he added.
The bank is in discussions with the RBI to ensure that the regulator is aware of and approves of the…
Analysts are relatively optimistic about the future trajectory of slippages, especially those from the restructured book.
A clutch of 13 major banks reported treasury losses of Rs 8,808 crore in Q1FY23. State Bank of India (SBI)…
Mistry has a reputation for being open and approachable.
PCI seeks MDR compensation to be raised to Rs 8,000 crore
Among other things, the paper asks if credit card MDR and interchange should be regulated by the central bank.
Kotak Mahindra Bank has nuanced its position on project finance and is now participating in a few deals, whole time…
The sugar manufacturer owes Rs 6,090.58 crore to the bank, according to a report by Care Ratings dated December 24,…
FE reported last month that Bajaj Hindusthan owes cane farmers in Uttar Pradesh dues to the tune of Rs 2,860…
SBI chairman Dinesh Khara told FE last week that the bank’s operational support subsidiary, currently in the process of being…
PhonePe is the leading UPI app, with 3 billion transactions and a volume share of over 47% in July, followed…
The top five sectors which stand to be affected by the central bank’s diktat are power, healthcare, engineering, construction and…
The number of UPI transactions on WhatsApp dropped to 6.18 million in July from 23.04 million in June, when the…
