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3 mins read

RBI tightens norms on personal loans for banks and NBFCs; stocks to be under pressure

​​Shares of SBI Cards, RBL Bank, HDFC Bank and ICICI Bank are expected to come under pressure after…

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RBL Bank depositors need not worry, assures RBI

“The Reserve Bank would like to state that the bank is well capitalised and the financial positi…

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RBL Bank slides back to its lowest in a year despite a new chief and RBI's assurances

Shares of RBL Bank, which is in a downtrend because of a mini crisis the lender is in, went down al…

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There is a small pool of hope amid all the fear around RBL Bank

Amidst the chaos, Bajaj Finance extended its credit cards partnership with RBL Bank giving the s…

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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…

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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   


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Relief rally in bank stocks continues as Supreme Court defers loan moratorium hearing to October 13

Bank stocks continue to rally after the Supreme Court gave the Central Government, the Reserve Bank…

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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…

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2 mins read

RBL Bank expects dip in new credit cards, spends in FY21

As a prudential measure, the bank locks up the ability to use the cards for newer spends in cases o…

PTI   


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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…

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RBL Bank: Credit card revenues to be stable in FY21; cards growth to dip

As a prudential measure, the bank locks up the ability to use the cards for newer spends in cases o…

PTI   


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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   


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Bank, NBFC stocks tumble after RBI decision

We read this as major negative for all NBFCs (including the ones with strong liability franchises)…

PTI   


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4 mins read

India's banking stocks are down 7% this week despite a rate cut by RBI and a pause on new bad loans and bankruptcies

The stocks look cheap as the Bank Nifty has already lost over 46% this year so far, but …

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4 mins read

Bank stocks gain as Supreme Court defers verdict on loan moratorium case to October 5

At the time it gave the government another two weeks to file a detailed affidavit after Solicito…

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2 mins read

Rate-sensitive bank, realty shares gain after RBI announcements

He said it is a relief-cum-stimulus package with a big repo cut and even bigger reverse repo cut. …

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Yes Bank shares plummet 56 pc after RBI jolt

The entire banking pack also came crashing, with RBL Bank closing 14 per cent lower, followed by S…

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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…

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Rate-sensitive bank, auto stocks fall as RBI surprises with status quo

New Delhi, Dec 5 () Rate-sensitive bank and auto stocks fell on Thursday while realty companies lar…

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Interest-rate sensitive bank, realty, auto shares end on mixed note after RBI measures

"Markets traded volatile and finally settled on a flat note, taking a breather after the recent re…

PTI