New Delhi, Feb. 23 -- IDFC First Bank is investigating if the documents at the centre of an alleged Rs.590 crore fraud at its Chandigarh branch were genuine or forged, two people familiar with the mat... Read More
New Delhi, Feb. 19 -- DBS Bank India is looking to target India's rising 'mass affluent' base to become a true universal bank and stand out among its peers, who largely cater to companies and the supe... Read More
MUMBAI, Feb. 13 -- Mashreqbank PSC plans to add $150 million in capital to its Indian operations as it looks to ramp up its presence in the country's corporate banking landscape. Tushar Vikram, chief... Read More
Mumbai, Feb. 12 -- The Reserve Bank of India (RBI) on Thursday proposed norms barring recovery agents from going too far in their pursuit of a defaulting borrower. The regulator said that neither the... Read More
Mumbai, Feb. 7 -- India's largest lender State Bank of India (SBI) on Saturday raised its FY26 loan growth guidance by 100 basis points to 13-15% on the back of trade deals and announcements in the re... Read More
Mumbai, Feb. 7 -- The monetary policy committee of the Reserve Bank of India (RBI) on Friday retained the repo rate at 5.25%, taking a pause after a 25 basis points (bps) cut in the December meeting. ... Read More
MUMBAI, Feb. 6 -- The Reserve Bank of India plans to remove the limit of Rs.2.5 trillion applicable to investments under the Voluntary Retention Route (VRR), a move seen to draw greater overseas inves... Read More
Mumbai, Feb. 6 -- The Reserve Bank of India's (RBI) liquidity management would be pre-emptive with sufficient allowance for unanticipated fluctuations in government balances, changes in currency in ci... Read More
Mumbai, Feb. 6 -- The monetary policy committee of the Reserve Bank of India (RBI) on Friday retained the repo rate at 5.25%, taking a pause after a 25 basis points (bps) cut in the December meeting. ... Read More
MUMBAI, Feb. 6 -- Banks in India will soon pay deposit insurance premiums based on their financial strength, with safer lenders getting a discount and weaker ones continuing to pay the current flat ra... Read More