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MoS IT to take up SVB linked startups woes with FinMin; pitches for Indian banks
The IT ministry will take up woes of Indian startups impacted by the Silicon Valley Bank collapse w…
PTI
Indian banks’ decade-best metrics and subdued valuations make them a compelling buy: Bernstein
Indian banks just reported a stellar December quarter driven by healthy growth in margins, loans an…
Crunching Numbers: 12 PSBs end Sept quarter notching up ₹25K+ cr net profit
On September 7, Finance Minister Nirmala Sitharaman had lauded all the 12 PSBs for their outst…
Indian Bank reports ₹689 crore profit, a 34% year-on-year increase
Indian Bank had logged net profit of Rs 689.73 crore for the quarter ended December 31, 2021 up …
Essar raises $2.05 bn from sale of ports, power assets; clears $25 bn debt of Indian banks
Essar Ports & Terminals (EPTL) and Essar Power (EPL) concluded the $2.05 billion (₹16,500 c…
Five banks that offer cheaper home loan rates in India
The home loan segment has been in the limelight over the past two years as mortgage rates have been…
PSU bank employees to go on two-day strike from Thursday; services likely to be hit
Close to nine lakh employees of various state-run banks will go on a two-day nation-wide strike beg…
PTI
Here’s why Apple has stopped accepting payments from debit and credit cards issued by Indian banks
In an email to users, Apple said, “Due to the RBI regulations, Apple Search Ads will soon no lon…
Banks in India are reportedly softening their stance on crypto trading
Banks allowing for crypto transactions may not entirely have to do with them becoming crypto…
India’s banks still shy away from lending to small businesses -- Business Insider’s MSME Exchange panelists debate the reasons
With this, he highlighted some of the structural challenges within the Indian system to supp…
India's pile of bad loans could be at least 1.5 times bigger in the next 9 months
The moratorium on paying back loans, which was brought into effect in March, has kept a cloak on…
RBI approves Murali Ramakrishnan as South Indian Bank's new MD
In a regulatory filing on Thursday, the bank said that the RBI approved the appointment for a pe…
SBI, HDFC, ICICI and 12 others banks are joining forces to use blockchain to power Letters of Credit — a move that could be a boon for MSMEs
Banks in India are coming together to use blockchain technology to solve a central problem in tradi…
'Coronavirus fallout will leave banks with capital shortages again' — Moody's warns
Consequently, the PSBs' already weak capital buffers will be depleted, said Moody's Investors Se…
This banking tech startup is the newest Indian unicorn with a $1.45 billion valuation
Zeta, a banking technology startup based in Bengaluru, is the newest Indian startup to attain the ‘…
Indian banks could have more than ₹10 lakh crore non-performing assets by March 2022
The gross non-performing assets (GNPAs) of banks are expected to cross ₹10 lakh crore by March 2022…
Arun Kumar Bansal is new CFO of Indian Bank
Chennai, July 1 () Public sector Indian Bank on Wednesday announced the elevation of Arun Kumar Ban…
PTI
IBPS invites applications for probationary officers/management trainees in Bank of Baroda, Indian Bank, PNB and many others for 2022-23
Candidates who are interested in applying for the opportunity, will have to mandatorily appear f…
Here's why Indian Bank shares have rallied over 5% today
Shares of Indian Bank surged over five percent on Wednesday after the bank raised ₹1,048 crores th…
Indian Bank unveils five special emergency loans
The five special emergency loans -- the IND-COVIDEmergency Credit Line for corporate customers, IND…