SBI to sell 13.19%, Federal Bank to offload 0.5% stake in Yes Bank to Sumitomo Mitsui Banking Corporation
Hopeful of receiving regulatory approvals for business with BlackRock, tech stack ready for market entry: Jio Financial at 1st AGM
Banks’ non-food credit grows 16% in June: RBI data Credit to NDFCs grows 35% YoY to Rs 14.24 trillion By FE BureauAugust 1, 2023 02:30 IST
No communication from RBI on CEO succession, says Kotak Bank The news report also said the RBI is reviewing whether stakes that the banking group holds in the insurance units… By Ajay RamanathanAugust 1, 2023 02:00 IST
Bajaj Finance deposits cross Rs 50,000 crore The company offers interest rates of 7.40% for 12 months and 7.55% for 24 months. For 36 to 60 months,… By Geeta NairAugust 1, 2023 00:45 IST
‘Retail deposits have grown, interest margin to be stable from now’ In project financing, someone comes to you and says that I want to build this road or set up this… By Ajay RamanathanAugust 1, 2023 00:30 IST
We are growing in a planned way: Indian Bank MD and Chief Executive SL Jain The bank’s loan book as of now has RAM (retail, agri and MSME) contributing 61% of the total while corporate… By Sajan C KumarJuly 31, 2023 04:30 IST
Initial hiccups in accepting green deposits; experts say there’s a lack of clarity over operational aspects of RBI’s guidelines A limited understanding of the risks involved in green finance has also kept banks on the sidelines. By Ajay RamanathanJuly 31, 2023 03:30 IST
RBI may maintain status-quo on interest rate, say experts The RBI Governor-headed six-member Monetary Policy Committee (MPC) is scheduled on August 8-10. By PTIJuly 30, 2023 16:10 IST
Driving innovation in BFSI sector: How new technologies are revolutionizing financial services From the genesis of online banking to the advent of mobile payments, the industry has continuously embraced innovation to enhance… By GuestJuly 30, 2023 13:43 IST
SBI Card misses Q1 profit view on high credit costs, margin pressure Provisions rose 10% sequentially to Rs 970 million, predominantly due to higher spends and pre-COVID-related portfolios. By ReutersJuly 29, 2023 22:31 IST
Aiming to increase gold loan mix: Shriram Finance Executive Vice Chairman Umesh Revankar Shriram Finance is focusing on increasing its gold loan mix and will be adding branches every quarter in a bid… By Ajay RamanathanJuly 29, 2023 00:40 IST
‘Sanctioned Rs 60,000 crore of corporate loans in last 4 months’ Even as some large and mid-sized private sector lenders are shying away from growing their large ticket corporate loan book… By Piyush ShuklaJuly 28, 2023 00:05 IST
Barclays warns pressure building on UK retail bank, lifts buyback The British bank reported first-half pretax profit of 4.6 billion pounds ($6 billion), in line with the average analyst forecast… By ReutersUpdated: July 27, 2023 14:36 IST
PNB Housing sees potential in affordable housing as demand remains robust The housing financier has set up 88 affordable housing branches as on June 30 and plans to increase this to… By Ajay RamanathanUpdated: July 27, 2023 19:36 IST
NBFCs with superior asset quality will continue to grow: Sanjiv Bajaj They asked Bajaj and company MD Rajeev Jain how they are going to respond to the challenge, which may hit… By Geeta NairJuly 27, 2023 01:15 IST
Manappuram Finance aims for diversification; to take advantage of India growth story, says CEO While gold loans continue to remain a focus area, the company has gone forward with microfinance, vehicle loans, corporate loans,… By Sajan C KumarJuly 27, 2023 00:15 IST
Enforcement Directorate records 490 fraud cases related to NPAs Further, assets worth Rs 15,113 crore have been confiscated and restituted to public sector banks, he said. By FE BureauJuly 26, 2023 04:30 IST
IDBI Bank plans to recover Rs 4,000-crore bad loans in FY24 The bank had recovered bad loans worth Rs 1,628 crore in April-June. Recovery from written-off accounts was at Rs 91… By Ajay RamanathanJuly 26, 2023 03:30 IST
AU small finance bank planning to operationalise AD-I licence The bank’s net interest margin fell to 5.7% in April-June from 5.9% a year ago given the intense competition for… By Ajay RamanathanJuly 26, 2023 01:15 IST
Jaipur school suicide: CBSE report highlights ‘teacher’s lack of empathy’, says ‘she dismissed the problem’
Gold Rate Today 21st November 2025: Gold is up by 0.36%; check prices in Mumbai, Chennai, Delhi, Bengaluru
