Public sector Indian Bank has stepped up its offerings on its digital transformation initiative ‘Project WAVE’ with the launch of Kisan Credit Card loans to […]
Tag: rbi
SMBC Bank, Oaktree submit EoIs for IDBI’s strategic stake sale
Sumitomo Mitsui Banking Corporation Group (SMBC Bank) of Japan and Oaktree Capital Management are among those that have submitted expressions of interest (EoIs) for the […]
Indian banks gave highest returns in Asia Pacific region: S&P Global
The stocks of two Indian banks – the Punjab & Sind Bank and the Jammu and Kashmir Bank Ltd – occupied the top two spots […]
Non-bank arms mooted to tackle RBI-ESMA rift
Amid the standoff between the Reserve Bank of India (RBI) and the European Securities and Markets Authority (ESMA), the former is open to the idea […]
Gross direct tax revenue jumps 24.58 pc to Rs 14.71 lakh crore for FY23
India’s gross direct tax collections rose 24.58% to 14.71 lakh crore till January 10 this fiscal, buoyed by an upsurge in personal income tax mop […]
Government likely to get financial bids for IDBI Bank sale by September, DIPAM Secy says
Financial bids for IDBI Bank’s strategic sale is expected to be received by the government in September, said DIPAM Secretary Tuhin Kanta Pandey. Several global […]
RBI says 10 NBFCs surrender registration certificates
The Reserve Bank of India on Wednesday said 10 NBFCs and one asset reconstruction company have surrendered their registration certificates. The 10 Non-Banking Financial Companies […]
IL&FS pays Canara Bank, others Rs 1,300 crore
Lenders led by Canara Bank have received close to ₹1,300 crore as part of their dues from Infrastructure Leasing & Financial Services (IL&FS) in what […]
RBI may hike rates in 2023, but bank deposit rates have peaked, say experts
Bank deposit rates may be close to their peaks, with possibilities of further increases likely limited only to select tenures, even as the central bank […]
Indian Bank to hold vostro A/cs of 3 Sri Lankan banks
Indian Bank, which has had a long presence in Sri Lanka, has received the regulatory go ahead to hold special rupee vostro accounts of three […]