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, Mar 15, 2023
Startups have the facility of withdrawing 100% of their capital from SVB
Fri, Mar 03, 2023
A five-day workweek like in many other sectors is a longstanding demand of bank employees and this could soon be a reality if the Indian Bank Association (IBA) – gives its nod to a proposal to give weekend offs to banks.
Tue, Feb 28, 2023
According to the new deposit pricing, on average any depositor of a public sector bank is assured of 7 to 7.25 per cent for fixed deposits for a tenor ranging from 200 days to 800 days.
Fri, Feb 24, 2023
According to the White House, Banga has extensive experience leading successful organisations in developing countries and forging public-private partnerships to address financial inclusion and climate change.
Wed, Jan 25, 2023
Several bank branches will remain closed in various states owing to festivities.
Mon, Jan 23, 2023
Bank loan: The source of income should be stable so that the loan amount can be repaid within the time period.
Mon, Dec 26, 2022
The regulator, in its order in June, levied a fine totalling Rs 6 crore on Sahara India Real Estate Corp, Subrata Roy, Ashok Roy Choudhary, Dubey and Bharrgava.
Tue, Dec 06, 2022
With the RBI raising policy rates, it said, the widening interest-rate differential with the US Federal Reserve could also help prevent capital outflows.
According to domestic brokerage Motilal Oswal, the benchmark index Nifty touched a fresh high of 18,816 levels, ending over 4 per cent higher month-on-month (MoM) at 18,758 in November 2022.
Wed, Nov 09, 2022
The bank is offering an annual coupon rate of up to 10 per cent with an effective yield of up to 10.46 per cent for the public issue of secured, redeemable NCDs.
Thu, Oct 27, 2022
Bank Holiday Today Chitragupta Puja, Bhai Dooj: Banks will remain closed today, October 27, in several cities on account of Bhai Dooj, Chitragupt Puja.
Mon, Oct 24, 2022
Diwali Bank Holidays: It is worth mentionining that these holidays will be under 'Holiday under Negotiable Instruments Act'.
Wed, Sep 21, 2022
Bad is associated in the name but what are bad banks after all? Today we will understand what are bad banks and how they work.
Mon, Sep 19, 2022
Bank of Baroda received the first prize among all PSBs for the best overall performance on PSB Reforms EASE Agenda 4.0. State Bank of India and Canara Bank were ranked second and third respectively.
Tue, Aug 30, 2022
The IPO will be a fresh issue of 1.58 crore equity shares and the bank proposes to utilise the proceeds to augment its core capital, which will touch 25 per cent from the present 22 per cent post issue and also meet future capital requirements.
Mon, Aug 29, 2022
The bank finances primary agriculture co-operative societies (PACS) in the Thane district.
Mon, Aug 08, 2022
The banks did not respond to Reuters` requests seeking comment on SpiceJet`s current loan size, concerns with its financial position, or whether it had asked for more funds.
Fri, Jul 22, 2022
The fund raised will be eligible to be included as additional tier-I capital of the bank
Wed, Jul 20, 2022
Any applicant/beneficiary can register, check eligibility under various government schemes and apply for digital loan approval through the Jan Samarth Portal
Tue, Jul 19, 2022
The state-owned lender said it issued 2,000 bonds to 21 allottees on July 19, 2022
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