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4 mins read
RBL Bank slumps 20% after CEO goes on leave
RBL Bank is in a mini crisis of sorts, with its long-term MD and CEO Vishwavir Ahuja going on a lea…
3 mins read
Yes Bank continues to roil other private lenders, IndusInd latest
The panic comes as the Yes Bank crisis happened within six months of one of the largest cooperativ…
PTI
1 min read
RBI extends deadline for periodic KYC update by three months till March 31, 2022
"In view of the prevalent uncertainty due to new variant of COVID-19, the relaxation provided i…
PTI
2 mins read
RBL Bank net profit declines 54 pc to Rs 114 cr in March quarter
The board of directors at its meeting on March 17 approved an interim dividend of Rs 1.50 per shar…
PTI
2 mins read
These government banks have the worst service record, according to RBI approved body
Andhra Bank, Punjab and Sind Bank and State Bank of No matter whether the banks got a logo makeo…
1 min read
No threat to banking deposits: IBA
"Across the globe, the health of a bank is measured by referring to Capital to Risk Weighted Asset…
PTI
1 min read
Yes Bank shares nosedive 25 pc; other banks plunge too
The entire banking pack also came crashing in opening trade, with RBL Bank trading 15 per cent low…
PTI
3 mins read
Kotak Mahindra Bank, Bandhan Bank and IndusInd Bank share prices soar with refinancing pulling them out of the red
Kotak Mahindra Bank continues to be the top gainer on the stock market followed by Bandhan Bank,…
2 mins read
Bank, NBFC stocks tumble after RBI decision
We read this as major negative for all NBFCs (including the ones with strong liability franchises)…
PTI
1 min read
Karnataka Bank allays depositors concerns, says well capitalised
"As per the audited balance sheet as on 31 March 2019, Capital to Risk Weighted Assets Ratio (CRAR)…
PTI
2 mins read
Banking, financial stocks zoom up to 21 pc after RBI lift
"Given the unprecedented times we are in, it is heartening that RBI is addressing all these challe…
PTI
3 mins read
IndusInd Bank surges over 4% after RBI committee proposes to increase the cap on promoter stake in private sector banks
IndusInd Bank’s shares are up over 4% after the Reserve Bank of India’s (RBI) Internal Working Grou…
2 mins read
Rate-sensitive stocks gain after RBI policy
"It was an expected move by the RBI, maintaining the repo rate unchanged at 5.15 per cent. With th…
PTI
1 min read
Kotak Mahindra, 2 other banks allay depositors concern, say financially strong
Mumbai, Mar 11 () Days after the collapse of Yes Bank, at least three of its peers, including Kota…
PTI
1 min read
CAIT asks India's Finance Minister to ensure banks don't have an 'unholy nexus' with e-commerce companies
In a communication sent to Sitharaman, it expressed serious concern over granting of 10 per cent…