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2 mins read

Investments in Yes Bank aimed at providing financial stability, not ROI: SBI chief

"The decision of the SBI and all other banks coming together, it is not guided by the return on ca…

PTI   


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More calibrated responses from govt expected as impact of COVID-19 unfolds: SBI Chief

"Today's package will now impart a definite direction to India's fight against the epidemic. Overal…

PTI   


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1 min read

SBI to own 245 cr shares worth Rs 2,450 cr in Yes Bank

"All the employees of the reconstructed bank shall continue in its service with thesame remuneratio…

PTI   


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MF industry asset base up marginally in March qtr; SBI MF largest fund house

Commenting on the performance, Ashwani Bhatia MD and CEO, SBI MF said, "Over the years, we have bu…

PTI   


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4 mins read

RBI tells HDFC Bank to stop new digital launches and selling new credit cards after recent outages of online banking

"We take this opportunity to assure our existing customers that there is no reason to worry. Y…

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2 mins read

Next time you want to book a flight, visit your nearest ATM

ATM machines will no longer be working just as cash dispensers. You can pay your electricity or gas…

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2 mins read

HDFC Bank's Aditya Puri believes Sashidhar Jagdishan is the 'worthiest person' to succeed him

“I wouldn’t go into the qualities he possesses because most of us would know that. Suffice to sa…

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State-run banks don’t want you to use mobile wallets from non-banking players

In the past one year, large lenders like ICICI Bank, SBI, Axis Bank and HDFC Bank have launched new…

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1 min read

SBI Mulls Contactless Debit Cards, Seeks Permission From RBI

According to S K Mishra, deputy MD of SBI (corporate strategy and new businesses), "Right now, for …

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5 mins read

Know how SBI chief Arundhati Bhattacharya changed India's largest bank for the better

According to her, red tape and a rigid bureaucratic structure made even the simplest of tasks diffi…

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1 min read

Prabhakar Singh appointed as govt's new nominee director on Unitech's board

New Delhi, Feb 3 () Crisis-hit Unitech Ltd on Monday said Prabhakar Singh has been appointed as gov…

PTI   


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1 min read

Unitech's new board may seek money from stress fund to construct stalled projects: Hiranandani

Hiranandani said the court's decision to stay all the on-going cases for two months is a good move …

PTI   


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Indian stock market closes in red after touching all-time high; Most IT stocks suffer

The stock indices closed with a marginal dip after both indices touched a time high during Monday's…

ANI   


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Nifty, Sensex continue upward trend; Mid and small caps see 1% surge

Indian markets continued their bull run during Wednesday's session. The Nifty touched an all-time h…

ANI   


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3 mins read

Yes Bank stock slips 5% as high provisions drag down its Q4 net profit

Shares of private sector lender Yes Bank slumped nearly 5% on Monday. The bank reported a huge 45…

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Small businesses, big ideas: MSME Exchange is back with its third edition

While the policy push has certainly helped the sector and its entities when it comes to innovati…

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5 mins read

State Bank of India defends exposure to the Adani Group as short-selling report roils markets

Indias largest lender State Bank of India (SBI) said on Friday that its exposure to the Adani Gro…

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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…

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3 mins read

RBI’s Monetary Policy Committee keeps repo rate unchanged at 6.5%, for now

The Reserve Bank of India’s Monetary Policy Committee (MPC) kept the policy repo rate unchanged at …

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1 min read

Ashneer Grover slams RBI over recent mandate

Ashneer Grover, who was sacked along with his wife Madhuri Jain Grover by fintech platform BharatPe…