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1 min read
Global cyber outage: Banks, payments systems unaffected by Microsoft outage
HDFC Bank, the biggest among the private sector lenders, also said that it has not faced any impact…
PTI
1 min read
RBI penalties on banks, NBFCs add up to Rs 40.39 crore for 2022-23
The Reserve Bank of India (RBI) has imposed penalties to the tune of Rs 40.39 crore on banks, non-b…
1 min read
RBI slaps ₹26 lakh penalty on Nutan Nagarik Sahakari Bank
This action of the central bank is based on a deficiency in regulatory compliance and is not intend…
ANI
1 min read
RBI imposes penalties on nine cooperative banks for violating compliances
Those banks are The Berhampur Cooperative Urban Bank, The Kendrapara Urban Co-operative Bank , The …
ANI
3 mins read
Credit expansion will taper down next year if deposits growth doesn't rise: Axis Bank MD
"... If the deposit growth does not continue, our projection says that credit growth can taper …
PTI
2 mins read
Markets fall in early trade ahead of RBI policy announcement; Sensex tumble nearly 200 points
Benchmark equity indices Sensex and Nifty retreated from their record peaks and traded lower in ear…
PTI
3 mins read
Following Kotak Mahindra Bank’s strong Q4 numbers, analysts reset stock target up to ₹1,900; Worried about reputation impact than financial, says CEO
Kotak Mahindra Bank’s share prices surged by over 5% on Monday, a day after the leading private sec…
3 mins read
Banks to reap rewards of interest rate hikes in Q2 earnings
The Indian banking sector is expected to report strong growth in net interest income, margins and l…
3 mins read
Bank of Baroda enables digital loans through the Account Aggregator framework – here’s what it means and how to use it
Bank of Baroda today announced the rollout of digital loans through the Account Aggregator framewor…
4 mins read
Indian bank stocks drag Nifty, Sensex for the second straight day after RBI policy
While the Reserve Bank of India’s (RBI) monetary policy committee (MPC) kept base rates unchanged t…
3 mins read
Not comfortable with NPAs in urban co-op banks says RBI, asks lenders to focus on governance
RBI Governor Shaktikanta Das on Monday said the central bank is "not comfortable" with the gross no…
PTI
6 mins read
Here’s how much banks have increased home loan interest rates
Rising inflation resulted in central banks around the world hiking interest rates. This has also sp…
3 mins read
Indian banks better placed than their US peers due to attractive valuations and stickier deposits
Turmoil in the US and Europe’s banking sector has had an impact on banks in other markets as well, …
4 mins read
Explained: Is this the right time to invest in long duration debt funds?
With the Nifty surpassing 22,000 and the Sensex above 73,000, the bulls are making merry on Dalal S…
1 min read
Ola fined by RBI for failing to comply with its KYC norms
The Reserve Bank of India (RBI) on Tuesday fined Ola Financial Services Private Ltd over Rs 1.67 cr…
2 mins read
Nifty, Sensex sees sharp slide after RBI credit policy
Indian stock markets which opened in the green in the morning trade, fell sharply after the central…
2 mins read
Sensex, Nifty close flat in choppy trade ahead of RBI policy decision
Benchmark stock indices Sensex and Nifty closed flat in a volatile trade on Wednesday as investors …
PTI
2 mins read
Nifty, Sensex gain in morning trade as investors await RBI monetary policy
Indian stock indices were marginally higher at Wednesday's opening bell, tracking positive cues fro…
3 mins read
Season of deals: Diwali shopping offers on credit cards
As the festival of light approaches, most of us get into a spending mode. Whether it is gifts or pe…
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…