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SBI, ICICI Bank, Axis, Kotak and others have plans to raise $14 billion — but if things go haywire, they could need three times more
Banks in India have raised around ₹52 crore ($7 billion) in funds so far and have plans to raise …
From IndusInd to ICICI Bank to SBI — banks were among the worst-hit despite the government pause on new bad loans
IndusInd Bank, ICICI bank, HDFC bank and SBI were most the top 10 losers on Nifty Bank. Not a singl…
After relief from Indian government, Vodafone Idea reportedly turns to banks for a loan recast
By opting for the moratorium, Vodafone Idea was able to free up its cash-flow by up to ₹60,000 c…
SpiceJet settles $24 million financial dispute with Credit Suisse
Budget carrier SpiceJet on Thursday said it has reached an in-principle commercial settlement with …
Wells Fargo plans to sell its asset management business for over $3 billion after posting 57% drop in 3rd-quarter profit, report says
The US bank has held talks with potential asset management companies and private equity firms, but …
Shalini Nagarajan
India's Supreme Court waives compound interest on ALL loans put under moratorium due to COVID-19 pandemic
India’s apex court has ordered the waiver of interest on interest on all loans under moratorium, no…
Are teaser loans back? SBI requests the central bank to allow sub-base rate loans
He said: "I think we need the market to clear. With growing unsold stock, we need to see the ways t…
SBI’s profit jumps over 50% in Q2 — India’s largest bank plans to outperform the industry when it comes to credit growth
India’s largest bank, the State Bank of India (SBI), has logged a net profit of 51.88% on an annual…
SBI chairman positive of the bad loan situation in the country
SBI chairman assures of the bad loan situation in the country
Supreme Court defers loan moratorium case hearing to October 13 — gives RBI and the government another week to file additional affidavits
The Supreme Court of India has granted the Reserve Bank of India (RBI) and the Central Government a…
HDFC Bank and SBI customers are facing UPI payment glitches
Customers of HDFC Bank and the State Bank of India (SBI) are reportedly facing issues making digita…
FAQs about RBI’s three-month deferment on EMIs answered by the Indian Banks Association
A statement by the Indian Banks Association, answers all the frequently asked questions that yo…
Top stocks to watch — SBI, HDFC Bank, Wipro, RIL, Future Retail, TCS, Jindal Stainless, UPL, IRCTC, and others
Indian stock-market indices are likely to begin on a tepid note on Wednesday, led by mixed cues fro…
NBFCs seek one-time restructuring for standard accounts that may default in future
In order to help borrowers who are facing challenges, the Finance Industry Development Council (FI…
PTI
RBI measures to help revive economy: SBI Chairman
"The entire effort of the government and the RBI is to revive the growth in the economy and at the…
PTI
Union Bank of India MD & CEO Rajkiran Rai is new chairman of IBA
Indian Banks' Association (IBA) on Friday said Union Bank of India's MD and CEO Rajkiran Rai G has …
PTI
These banks are giving out emergency funds to help customers tide through the Coronavirus lockdown
Public sector banks including the State Bank of India, Union Bank, Andhra Bank and Indian Bank anno…
How to check account balance in SBI with enquiry number
If you have a Bank Account with SBI (State Bank of India), you can check your account balance in…
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…
SBI announces new vertical to focus on rural and semi urban areas
The thrust is also to improve service quality and availability of banking services through the…