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5 mins read

ICICI Bank leaves SBI behind in credit card spends as it chases HDFC Bank in pole position

As fear of a third Covid-19 wave in India eased and festive sales began, ICICI Bank surpassed State…

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4 mins read

Here's why India's biggest banking stocks went nuts today — and what they missed

In a splash of good news for the banking sector, Finance Minister Nirmala Sitharaman announced the …

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3 mins read

Kotak Mahindra Bank, Bandhan Bank and IndusInd Bank share prices soar with refinancing pulling them out of the red

Kotak Mahindra Bank continues to be the top gainer on the stock market followed by Bandhan Bank,…

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3 mins read

Shaktikanta Das has to do a juggling this policy-- to match food inflation with a slowing economy

In five reductions so far in 2019, interest rates have been lowered by a total of 135 basis poi…

PTI   


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2 mins read

Rate-sensitive stocks gain after RBI policy

"It was an expected move by the RBI, maintaining the repo rate unchanged at 5.15 per cent. With th…

PTI   


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1 min read

Yes Bank shares nosedive 25 pc; other banks plunge too

The entire banking pack also came crashing in opening trade, with RBL Bank trading 15 per cent low…

PTI   


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4 mins read

Indian lenders like SBI, Axis Bank and others need $20 billion⁠ in capital— most of it will go into filling up NPA holes

Unwilling to take risks and facing rating downgrades, India’s banks, including the biggest State Ba…

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1 min read

No threat to banking deposits: IBA

"Across the globe, the health of a bank is measured by referring to Capital to Risk Weighted Asset…

PTI   


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1 min read

PhonePe says in talks to onboard more banking partners, to continue alliance with Yes Bank

Following the moratorium, Yes Bank faced restrictions, including caps on payments that impacted it…

PTI   


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3 mins read

Experts hail RBI measures to boost economy, improve money supply

"With global markets being subdued, exporters, particularly those in the SMEs are facing challenge…

PTI   


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1 min read

Karnataka Bank allays depositors concerns, says well capitalised

"As per the audited balance sheet as on 31 March 2019, Capital to Risk Weighted Assets Ratio (CRAR)…

PTI   


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3 mins read

Yes Bank continues to roil other private lenders, IndusInd latest

The panic comes as the Yes Bank crisis happened within six months of one of the largest cooperativ…

PTI   


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2 mins read

ICICI Bank tumbles over 5 pc after Q4 earnings

ICICI Bank President Sandeep Batra said the lender had slippages of Rs 4,300 crore in the precedin…

PTI   


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2 mins read

Kotak Bank lowers interest rates on savings deposits 2nd time in Apr

Effective April, Kotak had reduced the rate offered for deposits of over Rs 1 lakh in the savings a…

PTI   


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1 min read

CAIT asks India's Finance Minister to ensure banks don't have an 'unholy nexus' with e-commerce companies

In a communication sent to Sitharaman, it expressed serious concern over granting of 10 per cent…

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1 min read

Kotak Mahindra, 2 other banks allay depositors concern, say financially strong

Mumbai, Mar 11 () Days after the collapse of Yes Bank, at least three of its peers, including Kota…

PTI   


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2 mins read

Yes Bank shares zoom 27 pc amid reports of takeover by SBI-led consortium

"As per media reports, SBI has been told to invest as a lead in a consortium in Yes Bank. Though w…

PTI   


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2 mins read

Things to keep in mind before taking your teen for Covid-19 vaccination

Sharma noted that the Zydus vaccine ZyCov-D has been approved for people between the age of 15…

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2 mins read

Google agrees to pay $118 million to settle gender discrimination lawsuit

Google has agreed to pay $118 million to settle a class-action gender discrimination lawsuit in the…