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4 mins read
Budget size almost unchanged from interim, shows govt's commitment to fiscal prudence: Experts
According to the Union Budget 2024-25 presented by Finance Minister Nirmala Sitharaman, the total e…
PTI
5 mins read
India’s 20 state owned banks get about $5 billion back from a loan written off and they are thrilled
32 Indian banks sanctioned a whopping Rs 50,000 crore loan for #LooteraDewan and @TheOfficialSBI ha…
6 mins read
Explained: With markets volatile, should senior citizens invest in PSU bank FDs?
FDs have always been a popular investment choice for Indians. They offer a guaranteed return on inv…
2 mins read
Top stocks to watch— RIL, Future Retail, Bank of Baroda, Yes Bank, HAL, Info Edge, Maruti Suzuki, IRCTC, BHEL, HAL, Rail Vikas Nigam and more
Indian stock market is likely to open on a negative note amidst cautious cues from global peers. At…
2 mins read
Axis Bank, PayNearby partner to take banking to rural and remote areas
PayNearby is known to provide branchless and digital banking services to rural customers. The pa…
3 mins read
SBI Chairman has brought back the debate on wide salary gap between private and government banks
The statement has yet again raised the issue of widening pay gap among the private and public ba…
3 mins read
Digital payments in India touch Rs 38.3 lakh cr at over 23 bn transactions
The Unified Payments Interface (UPI), debit and credit cards, prepaid payment instruments like mobi…
10 mins read
PSU banks’ robust Q2 performance ring in analyst upgrades – Rising rivalry for deposits a concern in the medium term
Public sector banks’ strong performance in Q2 has resulted in earnings and target price upgrades fr…
5 mins read
Sensex, Nifty50 tumble amid a sharp rise in volatility: Bank, auto stocks drag markets down
India’s benchmark indices Sensex and Nifty50 are likely to open on a tepid note on Monday amid conc…
9 mins read
Interest rates on deposits need to go up, say experts, as share of FDs in household financial assets drops
Banks will have to increase interest rates on deposits faster, say experts, as investors turn to ot…
1 min read
About 90 pc of Bank of Baroda borrowers opt for moratorium on term loan repayment
"There is no doubt that this (retail) portfolio is going to be vulnerable because the kind of inst…
PTI
2 mins read
Bank of Baroda reports Rs 1,407 cr loss in Q3
The bank's gross NPA ratio declined to 10.43 per cent as against 10.91 per cent in the last quarte…
PTI
2 mins read
RBI set for fourth straight rate hike to quell inflation, say experts
The RBI, which has since May raised the short-term lending rate (repo) by 140 basis points (bps)…
PTI
3 mins read
Retail inflation falls to one year low of 5.72% in December
Retail inflation declined to a one-year low of 5.72 per cent in December 2022, mainly due to soften…
2 mins read
Bank of Baroda posts Rs 507 cr profit in Q4 on lower bad loans provision
As per the filing to exchanges, the bank' standalone profit stood at Rs 506.59 crore in the January…
PTI
1 min read
New CEOs of state-run banks ready to deal with bad loans right from the word go
When a CEO starts his tenure with a bad news, it actually works in the favour of the company, given…
3 mins read
Bank of Baroda to offer up to Rs 12k cr loans to MSMEs under credit guarantee scheme
"In our case, that particular portfolio amounts to be Rs 58,000 crore. So, 20 per cent of that wou…
PTI
4 mins read
RBI governor’s recipe for banks of the future: Oodles of social media, new tech & a dash of human touch
RBI Governor Das says banks must equip themselves for the future
1 min read
Karnam Sekar retires as Indian Overseas Bank MD & CEO
Karnam had joined the bank as an OSD (officer on special duty) and whole-time director on April 1,…
PTI
6 mins read
PSB stocks on 52-week high riding on record profits, double-digit loan growth
Union Bank of India stock price is up by 60.8 per cent over the last month among the PSU bank st…