Banks News

Axis Bank is back in the black as fee collections ramp up and ₹10,000 crore in fund raising cushions the balance sheet — Axis Bank is back in the black as fee collections ramp up and ₹10,000 crore in fund raising cushions the balance sheet
28 Oct 2020, 18:22 by Prabhjote Gill

EXCLUSIVE: Ajay Piramal believes that if banks won't lend to long-term projects, India will need to revive the likes of IDBI and IFCI — EXCLUSIVE: Ajay Piramal believes that if banks won't lend to long-term projects, India will need to revive the likes of IDBI and IFCI
28 Oct 2020, 11:35 by Prabhjote Gill

Analysts expect no surprises from Axis Bank in the second quarter — loan growth and collections to be slow — Analysts expect no surprises from Axis Bank in the second quarter — loan growth and collections to be slow
27 Oct 2020, 18:54 by Prabhjote Gill

RBI directs banks and NBFCs to comply with interest waiver scheme — RBI directs banks and NBFCs to comply with interest waiver scheme
27 Oct 2020, 13:20

Compound Interest Waiver Scheme applies to everyone but provides limited relief — Here’s everything you need to know — Compound Interest Waiver Scheme applies to everyone but provides limited relief — Here’s everything you need to know
26 Oct 2020, 18:59 by BI India Bureau

Kotak Mahindra Bank still on ‘alert’ as profit improves 27% over the last three months — Kotak Mahindra Bank still on ‘alert’ as profit improves 27% over the last three months
26 Oct 2020, 14:08 by Prabhjote Gill

IndusInd Bank shares rally 4% after promoters refute reports of merger with Kotak Mahindra Bank — IndusInd Bank shares rally 4% after promoters refute reports of merger with Kotak Mahindra Bank
26 Oct 2020, 11:46 by Prabhjote Gill

HDFC Bank increases provisions for bad loans as impact of COVID-19 continues to bear down in second quarter — HDFC Bank increases provisions for bad loans as impact of COVID-19 continues to bear down in second quarter
17 Oct 2020, 17:16 by Prabhjote Gill

Union Bank of India MD & CEO Rajkiran Rai is new chairman of IBA — Union Bank of India MD & CEO Rajkiran Rai is new chairman of IBA
16 Oct 2020, 17:51

HDFC Bank likely to remain ahead of peers in second quarter — all eyes on loan restructuring, moratorium, and asset quality — HDFC Bank likely to remain ahead of peers in second quarter — all eyes on loan restructuring, moratorium, and asset quality
16 Oct 2020, 17:37 by Prabhjote Gill

10 out of 15 worst-performing bank stocks in Asia-Pacific are Indian — PNB, YES Bank, Central Bank of India, IDBI among them — 10 out of 15 worst-performing bank stocks in Asia-Pacific are Indian — PNB, YES Bank, Central Bank of India, IDBI among them
15 Oct 2020, 15:56 by Prabhjote Gill

Supreme Court wants the government to give 'clear plan' on moratorium loan interest waiver by November 2 — 'Diwali is in your hands now' — Supreme Court wants the government to give 'clear plan' on moratorium loan interest waiver by November 2 — 'Diwali is in your hands now'
14 Oct 2020, 16:12 by Prabhjote Gill

RBI clarifies restructuring only for loan accounts without any defaults as of March 1 — RBI clarifies restructuring only for loan accounts without any defaults as of March 1
14 Oct 2020, 13:29

Lakshmi Vilas Bank gets downgraded by CARE ratings to 'negative outlook' — Lakshmi Vilas Bank gets downgraded by CARE ratings to 'negative outlook'
9 Oct 2020, 18:39

RTGS will be available 24/7 starting December this year — RTGS will be available 24/7 starting December this year
9 Oct 2020, 12:21

Troubled Lakshmi Vilas Bank receives indicative non-binding offer from Clix Group — Troubled Lakshmi Vilas Bank receives indicative non-binding offer from Clix Group
8 Oct 2020, 17:30

SBI’s new chief Dinesh Khara shares his stance on restructuring, capital raising, hiring, and more — SBI’s new chief Dinesh Khara shares his stance on restructuring, capital raising, hiring, and more
7 Oct 2020, 16:48 by Prabhjote Gill

Dinesh Khara steps in as new SBI chairman as Rajnish Kumar's term comes to an end — Dinesh Khara steps in as new SBI chairman as Rajnish Kumar's term comes to an end
6 Oct 2020, 22:19 by Prabhjote Gill

Supreme Court defers loan moratorium case hearing to October 13 — gives RBI and the government another week to file additional affidavits — Supreme Court defers loan moratorium case hearing to October 13 — gives RBI and the government another week to file additional affidavits
5 Oct 2020, 11:47 by Prabhjote Gill

Relief rally in bank stocks continues as Supreme Court defers loan moratorium hearing to October 13 — Relief rally in bank stocks continues as Supreme Court defers loan moratorium hearing to October 13
5 Oct 2020, 10:26 by Prabhjote Gill

RBI's new credit and debit card rules kick in today — Here's everything you need to know — RBI's new credit and debit card rules kick in today — Here's everything you need to know
1 Oct 2020, 12:55 by BI India Bureau

Lakshmi Vilas Bank shortlists three candidates for MD & CEO post — will send names to RBI in a week — Lakshmi Vilas Bank shortlists three candidates for MD & CEO post — will send names to RBI in a week
1 Oct 2020, 10:05

After Lakshmi Vilas Bank, Dhanlaxmi Bank CEO Sunil Gurbaxani voted out by shareholders — After Lakshmi Vilas Bank, Dhanlaxmi Bank CEO Sunil Gurbaxani voted out by shareholders
30 Sep 2020, 17:14

Bank Holidays in October 2020 — Bank Holidays in October 2020
30 Sep 2020, 12:30 by BI India Bureau

SBI waives processing fee for car, gold and personal loans availed using YONO — SBI waives processing fee for car, gold and personal loans availed using YONO
28 Sep 2020, 16:08

Charlie Hebdo, whose cartoons sparked terror attacks in France, published a cutting caricature of Turkish President Erdogan amid his feud with Macron

COVID-19 vaccine updates: Pfizer, Moderna to roll out COVID-19 vaccine by December

Apophis, the ‘God of Chaos’ asteroid is speeding up — increasing the likelihood of it hitting Earth in 2068

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