Banks general

India hosts first meeting of BRICS finance ministers and central bank governors

07 Apr 2021

ICICI Bank, SBI, Kotak Mahindra and HDFC slash home loan rates

ICICI Bank, SBI, Kotak Mahindra and HDFC slash home loan rates

08 Mar 2021

If demand from corporates remains week in the quarters ahead, lenders might be compelled to under-cut each other in order to grow market share

Govt mulls bank merger before privatisation: report

23 Feb 2021

RBI keeps policy rates unchanged amidst abundant liquidity

RBI keeps policy rates unchanged amidst abundant liquidity

08 Feb 2021

With benign inflation, weak aggregate demand and buoyant financial markets, the Monetary Policy Committee of the RBI decided to remain accommodative without easing its policy repo rate

RBI launches RTGS 24x7 facilitating round-the-clock money transfer

23 Dec 2020

RBI imposes penalty on Muthoot Finance, Manappuram Finance

24 Nov 2020

RBI imposes penalty on Muthoot Finance, Manappuram Finance

24 Nov 2020

RBI panel suggests review of ownership norms of private sector banks

24 Nov 2020

Lakshmi Vilas Bank placed under moratorium, to be merged with DBS Bank

20 Nov 2020

TCS to acquire Deutsche Bank’s IT arm Postbank Systems

12 Nov 2020

Centre notifies interest relief scheme for loans of up to Rs2 cr

26 Oct 2020

Govt to waive interest on interest on loans up to Rs2 cr under moratorium

04 Oct 2020

RBI extends hike in banks’ MSF loan facility, WMA limit to states to boost liquidity

01 Oct 2020

Russia’s Yandex to acquire TCS Group’s online bank Tinkoff for $5.48 bn

28 Sep 2020

Yes Bank repays Rs50,000 cr to RBI; ICRA upgrades its bonds

14 Sep 2020

Jane Fraser named first woman CEO of Citigroup

Jane Fraser named first woman CEO of Citigroup

14 Sep 2020

Fraser, currently Citi’s president and CEO of global consumer banking, will succeed Corbat as CEO in February, and she has been elected to the board of directors, with service beginning immediately

Loan moratorium can be extended by two years, govt, RBI tell SC

02 Sep 2020

Bank frauds jumped 159% to Rs1,85,644 cr in July-June 2019-20

26 Aug 2020

Govt extends NBFC financing window by 3 months

18 Aug 2020

RBI bars banks from opening current accounts for serial borrowers

12 Aug 2020

Govt working with RBI on industry’s demand for loan restructuring: FM

03 Aug 2020

Yes Bank to resume full services from 6 pm on Wednesday

16 Mar 2020

Yes Bank rescue: SBI, 7 other investors to pool in over Rs12,000 cr

Yes Bank rescue: SBI, 7 other investors to pool in over Rs12,000 cr

13 Mar 2020

SBI, the lead investor, which has proposed to invest up to Rs7,250 crore in Yes Bank, has also recommended that the current administrator of Yes Bank, Prashant Kumar, be appointed as the new CEO of the bank

SBI cuts interest rate on savings accounts to 3%, removes minimum balance requirement

11 Mar 2020

Rana Kapoor used Yes Bank to launder Rs4,300 cr, says ED

11 Mar 2020

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