Bank Of Baroda Raises MCLR By 20 Bps
Bank of Baroda has decided to up its marginal cost of funds-based lending rates by up to 20 basis points with effect fro... Read more
RBI Slaps ₹2-cr Fine On Axis Bank AndUCO Bank; ₹1 Cr On Syndicate Bank
The RBI has imposed a monetary penalty of ₹2 crore each on UCO Bank and Axis Bank, and ₹1 crore on Syndicate Bank. I... Read more
Kerala Financial Corp Offers Concessions
Kerala Financial Corporation (KFC) has announced fresh concessions/incentives to borrowers as part of a drive to ramp up... Read more
Syndicate Bank Posts Q3 Profit Of ₹108 Crore
Our Bureau Syndicate Bank has posted a net profit of ₹107.99 crore for the third quarter of financial year 2018-19, a... Read more
Bad Loans Moderate At PNB, But Profitability Weak
A notable decline in risk-weighted assets, and the Government’s capital infusion, have helped shore up capital ratios Read more
RBIs MPC Begins 3-day Meet To Decide On Key Rates
The RBI’s Monetary Policy Committee (MPC) on Tuesday began 3-day meet to decide on key rates amid expectations it woul... Read more
S&P Expects RBI To Cut Rates On Falling Inflation
In its December monetary policy review, the RBI had kept interest rates unchanged Read more
Time For Private Capital To Give An Investment Boost: Kotak Bank JMD
Private sector urged to match govt spend on infra Read more
DHFL To Bring In Strategic Partner To Boost Shareholder Confidence
Dewan Housing Finance Corporation Ltd (DHFL) has initiated measures to rope in a strategic partner and divest non-core a... Read more
Should Data Be Stored Locally Only? Mastercard In Talks With RBI For Further Clarity On Norms
There are huge benefits from operating as a global network, said Ed Mclaughlin Read more
Srei Infra Q3 Profit Falls 23%
Srei Infrastructure Finance posted a near 23 per cent drop in net profit to ₹91 crore for the quarter ended December 3... Read more
Satin Creditcare Q3 Profit Up 51%
Microfinance company Satin Creditcare Network announced a 51 per cent increase in its net profit for the third quarter ... Read more
Justice DK Jain Appointed To Oversee IL&FS Asset Sale
The new board of IL&FS proposed a multi-pronged strategy to revive the beleaguered company Read more
DHFL Accused Of ₹31,000-crore Fraud
Website Cobrapost on Tuesday claimed that its team of investigative journalists had unearthed “the biggest banking sca... Read more
YES Banks Promoters Reach Truce; To Nominate One Director Each On Board
Bank may appoint Ajai Kumar as interim MD/CEO Read more