Banks
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Business
Banks Seek Expensive Funding as Credit Growth Surpasses Deposits
With credit growth in India reaching 14.5%, significantly outpacing deposit growth at 11.9% as of February 28, banks are increasingly…
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Business
Public Sector Banks Report Impressive Q3 Earnings with Rs 52,603 Crore Profit, Led by SBI’s Record Growth
Public sector banks in India have achieved a remarkable milestone, reporting a cumulative profit of ₹52,603 crore for the third…
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Business
RBI Considers New Capital Requirements for Banks
The Reserve Bank of India (RBI) has unveiled a proposal aimed at enhancing capital requirements for banks to mitigate risks…
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Business
Investment Banks Anticipate $1.3 Billion in Fees by 2025
India’s investment banking sector is experiencing a remarkable surge, with fees reaching a record $1.3 billion in 2025, driven by…
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Business
Government Clarifies No Plans for Merger of Public Sector Banks; MoS Discusses FDIs, IDBI Offloading, and More
The Indian government has officially stated that there are no current discussions or plans to restructure or merge public sector…
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Business
FinMin Urges Public Sector Banks to Enhance MSME and Agricultural Credit
The finance ministry has called on public sector banks (PSBs) to enhance their lending to micro, small, and medium enterprises…
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International
Indian Woman Demands Accountability from Banks After Falling Victim to Multi-Million Dollar Digital Scam
Anjali’s life took a devastating turn when she fell victim to a sophisticated digital scam that cost her 58.5 million…
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Business
Explore High-Interest Fixed Deposits: Banks Now Offering Rates Up to 8.10%
Are you considering investing in fixed deposits (FDs) but unsure which bank offers the best interest rates? Despite recent cuts…
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Business
Cybersecurity Enhancement: Banks and RBI Collaborate to Introduce Digital Fraud Prevention
In a significant move to combat the surge in digital payment fraud, major banks in India are joining forces with…
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Business
Public Sector Banks Overcome Bad Loans to Propel Growth
Public sector banks in India have achieved a remarkable turnaround, reporting a staggering 26% increase in profits, reaching Rs 1.83…
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Technology
US Eases Crypto Regulations for Banks
The US Commodity Futures Trading Commission (CFTC) and the Federal Deposit Insurance Corporation (FDIC) have lifted restrictions on banks engaging…
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Business
Small Finance Banks Offer Up to 9% Interest on FDs
The Reserve Bank of India (RBI) recently announced a 25 basis points cut in the repo rate, prompting many fixed…
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National
Dr. Vivek Joshi chairs workshop on ‘State of Artificial Intelligence in Banks’ with representatives from 12 Public Sector Banks and other financial institutions under DFS
Dr. Vivek Joshi, Secretary, Department of Financial Services (DFS), chaired a workshop on the ‘State of Artificial Intelligence in Banks’…
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News
Union Finance Minister Smt. Nirmala Sitharaman chairs review meeting of Regional Rural Banks of Northern Region
Union Finance Minister Smt. Nirmala Sitharaman chaired a review meeting of regional rural banks in the northern region in New…
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News
Shri Manoj Ahuja launches new campaign for banks underAgri Infra Fund titled Banks Heralding Accelerated Rural and Agriculture Transformation Campaign
Shri Manoj Ahuja, Secretary of the Ministry of Agriculture and Farmers Welfare today launched a new campaign for banks under…
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