SBI board needs letter of support from government before clearing Jet Airways resolution plan: Rajnish Kumar

SBI’s board members were eager for a letter of support from the government before approving it…

Axis Bank will waive 12 EMIs on select home loans under festive offers

private sector lender axis Bank 12 on Tuesday. announced a waiver of Issue Discounts on select…

Moody’s upgrade outlook for Indian banks

global rating firm Moody’s The outlook for the Indian banking system has been revised from negative…

Indian banks faced a rise in bad loans, reaching 8-9% of borrowings: CRISIL

indian bank Gross non-performing assets are likely to see an increase (NPAThe rating agency said in…

HDFC Bank suspends employees held for unauthorized withdrawal attempts from high-value NRI account

HDFC bank has been suspended employees who were arrested Delhi Police for alleged involvement in unauthorized…

Banks to hire India, Southeast Asia tech deal hunt for $93 billion

Investment banks are boosting their technology recruitment in Southeast Asia and India As the region’s booming…

RBI fined Rs 1.95 crore on Standard Chartered Bank

The Reserve Bank of India on Monday imposed a monetary penalty of Rs 1.95 crore on…

RBI imposes fine of Rs 1 crore on State Bank of India for non-compliance of instructions

NS reserve Bank of India imposed on monetary penalty 1 crore on State Bank of India…

Edelweiss sells stake in insurance brokerage arm to Arthur Gallagher

Edelweiss Financial Services on Monday said its insurance brokerage arm EasyBL It ceases to be a…

India is emphasizing on timely completion of LIC IPO: Finance Minister

According to the finance minister, the government is looking to complete the initial public offering of…