Sun, Jan 21, 2024
The total loan guarantees extended by the 17 major states to their entities have more than tripled to Rs 9.4 lakh crore as of FY23 from Rs 3 lakh crore in FY17.
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Thu, Jan 11, 2024
The company recorded a charge of about $1.7 billion to replenish a Federal Deposit Insurance Corp fund that was drained after the collapses of Silicon Valley Bank and Signature Bank.
Fri, Dec 29, 2023
Recently, the RBI, to mitigate the heightened systemic risk amid the unprecedented growth in unsecured loans, has increased the risk weights associated with unsecured loans by 25 per cent for both banks as well as NBFCs.
Wed, Dec 20, 2023
The transaction has partly financed Air India's purchase of an A350-900 aircraft from Airbus, which was delivered in October 2023, according to an official statement.
Mon, Dec 18, 2023
The bank is now looking to start the China securities business around the end of 2024 at the earliest, the report added, citing people familiar with the matter.
Tue, Dec 05, 2023
The definitive agreements have been executed with 8 leading international banks that are instrumental in establishing AGEL's Construction Financing Framework since March 2021.
Sun, Nov 05, 2023
BoM was the top performer among PSBs in terms of deposit, advances, and total business with growth of about 25 per cent during the first quarter as well.
Thu, Sep 28, 2023
The transaction, the financial details of which were not immediately known, will also see Asia-focussed HSBC taking over "a few hundreds" of Citi's China-based staff, said one of the sources.
Wed, Aug 30, 2023
This month the bank will be closed for 18 days on account of certain holidays in different states, including the second and fourth Saturdays and all Sundays.
Sun, Aug 27, 2023
Industrial profit numbers cover firms with annual revenues of at least 20 million yuan ($2.77 million) from their main operations.
SBI is governed by separate legislation from other government-owned banks.
Mon, Aug 21, 2023
The new segments will be run by their current heads, who would report directly to Fraser, the newspaper said.
Mon, Aug 14, 2023
The bank said its deposits grew by 14.64 per cent to Rs 7,064 crore and advances went up by 16.81 per cent to Rs 5,519 crore.
Sun, Aug 13, 2023
The meeting was attended by representatives of the state governments, commissioners of municipal administrations and convenors of state-level bankers' committees (SLBCs), among others.
Wed, Aug 09, 2023
AU Small Finance Bank's 24x7 video banking offers face-to-face interactions with video bankers, much like video calls. The service ensures round-the-clock support, even on weekends and holidays.
Sun, Aug 06, 2023
Pune-based Bank of Maharashtra posted the highest NIM of 3.86 per cent, followed by Central Bank at 3.62 per cent and Indian Bank at 3.61 per cent during the quarter.
According to another set of RBI data for April, loan growth of medium industries was 19.1 per cent against 53.7 per cent last year.
Thu, Aug 03, 2023
A credit score of 750 and above is considered good if you want to apply for credit cards and loans. There are also other factors like your credit history and income levels, among others, which could impact the approval for a new credit card.
Wed, Jul 26, 2023
Thu, Jul 06, 2023
My Card, My Choice: To give a boost to RupayCard, a new rule will be introduced on debit, credit and prepaid cards, now customers will be able to choose their desired card while taking the card from the bank, what will be the benefit to the customers from My Card, My Choice
Mon, Jun 19, 2023
Get an overview of the latest bank locker charges for leading banks in India including SBI, HDFC Bank, ICICI Bank, Canara Bank, Axis Bank, and Kotak Mahindra Bank.
Wed, Jun 07, 2023
A healthy work environment in the workplace is a priority for all. However, many videos of senior executives losing their cool and abusing their subordinates often emerge on social media.
Mon, Jun 05, 2023
As part of the acquisition deal, the Credit Suisse shareholders will get one UBS share for every 22.48 outstanding shares.
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