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MoS IT to take up SVB linked startups woes with FinMin; pitches for Indian banks
The IT ministry will take up woes of Indian startups impacted by the Silicon Valley Bank collapse w…
PTI
Indian banks’ decade-best metrics and subdued valuations make them a compelling buy: Bernstein
Indian banks just reported a stellar December quarter driven by healthy growth in margins, loans an…
Crunching Numbers: 12 PSBs end Sept quarter notching up ₹25K+ cr net profit
On September 7, Finance Minister Nirmala Sitharaman had lauded all the 12 PSBs for their outst…
Indian Bank reports ₹689 crore profit, a 34% year-on-year increase
Indian Bank had logged net profit of Rs 689.73 crore for the quarter ended December 31, 2021 up …
Essar raises $2.05 bn from sale of ports, power assets; clears $25 bn debt of Indian banks
Essar Ports & Terminals (EPTL) and Essar Power (EPL) concluded the $2.05 billion (₹16,500 c…
Five banks that offer cheaper home loan rates in India
The home loan segment has been in the limelight over the past two years as mortgage rates have been…
PSU bank employees to go on two-day strike from Thursday; services likely to be hit
Close to nine lakh employees of various state-run banks will go on a two-day nation-wide strike beg…
PTI
Here’s why Apple has stopped accepting payments from debit and credit cards issued by Indian banks
In an email to users, Apple said, “Due to the RBI regulations, Apple Search Ads will soon no lon…
Why was RCom’s downgrade delayed, asks SEBI
In a meeting with rating agencies, RBI brought up the subject on rating of bank loans to …
No more waiting period for banks to start loan recovery
This would prompt banks to plan their recovery strategies in advance. Some industr…
Banks in India are reportedly softening their stance on crypto trading
Banks allowing for crypto transactions may not entirely have to do with them becoming crypto…
Canara Bank to consolidate Vijaya Bank and Dena Bank after monsoon session
Canara Bank comes fourth in market capitalization after SBI, Bank of Baroda and Punjab National…
India’s banks still shy away from lending to small businesses -- Business Insider’s MSME Exchange panelists debate the reasons
With this, he highlighted some of the structural challenges within the Indian system to supp…
India's pile of bad loans could be at least 1.5 times bigger in the next 9 months
The moratorium on paying back loans, which was brought into effect in March, has kept a cloak on…
RBI likely to hold interest rates, thanks to excess liquidity
The excess liquidity has resulted in the growth being at its slowest pace in two years, inflat…
RBI approves Murali Ramakrishnan as South Indian Bank's new MD
In a regulatory filing on Thursday, the bank said that the RBI approved the appointment for a pe…
India falls behind China in economic growth, and PM Modi should be worried
However, what's more worrying is that demonetisation isn’t the only reason behind this ra…
A month ahead of scheduled GST rollout, banks are still not over their IT issues
As per rules, both public and private banks are now required to register in each state, which ha…
Bankers warn government about possible defaults in telecom industry
Banks made a presentation to the cabinet secretary recently, days before the RBI imposed s…
SBI, HDFC, ICICI and 12 others banks are joining forces to use blockchain to power Letters of Credit — a move that could be a boon for MSMEs
Banks in India are coming together to use blockchain technology to solve a central problem in tradi…