SBI former chairman arrest matter in court, Govt can’t intervene

The government is seized of the arrest of former chairman Pratip Chaudhuri in a non-performing loan…

IL&FS gets NCLT approval for phase 1 InvIT

Debt-ridden Infrastructure Financial Services (IL&FS) on Saturday said it has received approval from NCLT for launching…

Govt may not infuse capital into state-run banks in FY23

The government may not allocate funds towards bank capitalisation in the FY23 budget, a first in…

BOI to adopt 10 girl children under ‘Star Angel’ initiative in Ladakh

The newly opened Leh branch of state-run Bank of India (BOI) is going to…

RBI caps NBFC IPO funding at Rs 1 crore per borrower from FY23

Non-banking finance companies (NBFC) cannot lend more than Rs 1 crore to investors seeking to buy…

Bank of India cuts home, vehicle loan rates

State-run on Sunday announced a cut in its interest rates on home and vehicle loans by…

Be cautious; 10-15% correction likely by the end of 2021 or early 2022: Dipan Mehta

By and large, I would be a bit circumspect over expanding the portfolio by putting more…

RBI clears re-appointment of Amitabh Chaudhry as MD of Axis Bank

The Reserve Bank on Thursday approved re-appointment of Amitabh Chaudhry as managing director of private sector…

RBI may soften penalties for ATM cash outage

The Reserve Bank of India on Friday said that it was reviewing its recent scheme on…