Six New Umbrella Entity (NUE) hopefuls, including Facebook, Google and Amazon, have failed to present any innovative solution due to which efforts to build an […]
Tag: rbi
Bank of Maharashtra logs 30% loan growth; total business crosses Rs 4 lakh crore in Q4
State-owned Bank of Maharashtra (BoM) on Wednesday said it has posted a credit growth of 29.59 per cent at Rs 1.75 lakh crore for the […]
Bandhan Bank’s total deposits rise 12.2 pc in Q4 FY23
Bandhan Bank’s total deposits in the fourth quarter of last fiscal stood at Rs 1,08,069 crore, registering a rise of 12.2 per cent over the […]
Axis Bank CEO flags risks of slowing economic growth, says ‘not everything is ok’
Axis Bank Ltd Chief Executive Officer Amitabh Chaudhry is watchful over consumer demand in the Indian economy and said expectations for growth might have to […]
Bank of Baroda stops clearing payment for above-cap Russian oil
India’s Bank of Baroda has stopped clearing payments for Russian oil sold above the price cap set by the West from this month, three sources […]
Bank NPAs to improve to decadal low of 3.8pc by FY24-end: Crisil
Banks’ gross non-performing assets (NPAs) will reduce further to a decadal low of 3.8 per cent by end of FY2023-24, credit rating agency Crisil said […]
SBI’s UPI, net banking services suffer due to server outage, users complain
The State Bank of India’s (SBI) UPI and net banking services were affected after the bank’s server reportedly faced an outage, according to media reports. […]
IL&FS Group makes interim distribution payout of Rs 29,000 crore to secured creditors
The IL&FS Group has so far paid back Rs 29,000 crore to the secured creditors, with the latest being an interim pay-out of Rs 920 […]
Airtel to provide WhatsApp services to India Post Payments Bank users
Bharti Airtel will provide WhatsApp communication services for India Post Payments Bank (IPPB) customers, allowing them access to banking services on their mobile phone, the […]
Citigroup CEO visits Chennai; discusses about Global Capability Centres landscape in India
Citigroup CEO Jane Fraser along with top management officials visited the company’s Citi Solutions Centre here and held discussions about the landscape of Global Capability […]