banks Archives - Page 21 of 29 -

Banks from 18 nations open 30 special vostro accounts for trade in rupee

16/03/2023
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Several banks, including HDFC Bank and UCO Bank, have opened as many as 30 special vostro accounts as of date to facilitate overseas trade in […]

BFSI

Better financial health of RRBs prompts sponsor banks to explore listing them

14/03/2023
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Regional Rural Banks (RRBs), once considered laggards in the banking ecosystem, are slowly coming into their own. For the first time, banks are now considering […]

Ten more banks set to join syndication for Reliance Industries Ltd’s $3 billion loan

13/03/2023
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At least 10 more lenders are set to join the third leg of the syndication of $3 billion loans to Reliance Industries Ltd and Reliance […]

Bank of Maharashtra cuts home loan rate to 8.4%

13/03/2023
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Bank of Maharashtra has reduced home loans rates by 20 basis points to 8.40%, making it one of the lowest in the industry, to attract […]

SVB collapse: Name mix-up sends an Indian bank’s customers into panic mode

13/03/2023
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The collapse of Silicon Valley Bank (SVB) in California had impacted the customers of Mumbai-based Indian bank. A cooperative bank called Shamrao Vithal Cooperative Bank […]

BFSI

Indian banks well placed for next fiscal say rating agencies

02/03/2023
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Global credit rating agency Moody’s has maintained a stable outlook for India’s banking system citing strong fundamentals of the local economy which will support credit […]

BFSI

Indian banks unprepared for RBI’s ESG push, survey shows

01/03/2023
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Indian banks are not prepared to adopt environmental, social and governance (ESG) norms as part of their lending models due to reasons including a lack […]

Assets worth Rs 26,000 crore monetised in FY23: NITI Aayog

24/02/2023
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The government has monetised assets worth ₹26,000 crore during FY23 against the target of ₹1.6 lakh crore for the current fiscal while proposal pipeline aggregating […]