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 […]
Tag: rbi
Bandhan Bank adds 50 new branches to its network
Private lender Bandhan Bank on Friday said it has added 50 more branches to its existing network of around 1350 others across the country. The […]
IDBI Bank gets NCLT nod to set off accumulated losses of Rs 45,396 cr
India’s IDBI Bank Ltd on Friday said its proposal to set off accumulated losses has been approved by the National Company Law Tribunal (NCLT). The […]
HDFC Bank opens 500th branch in Tamil Nadu
HDFC Bank on Thursday announced the launch of its 500th branch in Tamil Nadu in Madurai district. The branch at Arasaradi was inaugurated virtually by […]
PSU bank stocks deliver up to 96% return in FY23. Will the magic repeat in next fiscal?
Beating much-fancied private sector peers by a wide margin, PSU bank stocks have turned out to be the top performing sector of FY22 on the […]
NPCI’s interoperability guidelines to pave way for additional revenues for Paytm Payments Bank: Analysts
Analysts including Morgan Stanley and Citi said that the NPCI’s latest guidelines on interoperability significantly improve the salience of wallets and open avenues for additional […]
Kotak Mahindra Bank arm raises USD 1.25 bn for 2nd special situations fund
A Kotak Mahindra Bank arm on Tuesday announced that it has raised USD 1.25 billion for its second special situations fund. The money raised will […]
Supreme Court verdict on fraud loans may remove hurdles for lenders
Banks will have to set down a proper process, including a platform to hear the views of borrowers and accounts labelled as a fraud, even […]
UCO Bank hopes to earn Rs 1,500 crore net this fiscal: MD&CEO
City-based public sector lender UCO Bank on Tuesday said it hopes to achieve a net profit of Rs 1,500 crore this fiscal year. MD & […]
PSU banks recover 14 pc of written-off loans in last 5 years: Nirmala Sitharaman
Public sector banks could recover only 14 per cent of the written-off loans worth Rs 7.34 lakh crore in the last five years ending March […]