• May
    18

    State-owned banks presented a mixed picture in their quarterly results on Thursday, with IDBI Bank reporting a steep rise in losses and Bank of Baroda and United Bank of India returning to profit from losses last year.

  • May
    16

    The home loan war is intensifying. Taking cues from State Bank of India (SBI) ICICI Bank and HDFC on Monday slashed lending rates for affordable housing loans to

  • May
    02

    It’s bad news once again for small savers and depositors. The country’s top lenders State Bank of India (SBI) and Bank of Baroda have cut their term deposit rates

  • Apr
    25
    By PTI

    RBI Governor Urjit Patel has said the Indian banking system could be better off if some public sector banks are consolidated to have fewer but healthier entities, as it would

  • Mar
    02
    By FC Banking Bureau

    The Reserve Bank of India (RBI) deputy governor R Gandhi on Wednesday raised concerns about virtual currencies such as Bitcoins stating that they pose potential financial, operational, legal, customer protection

  • Feb
    24
    By FC Bureau

    The government on Thursday said that April 1 will be the record date for the merger of the country’s largest lender, State Bank of India (SBI), with its five associate

  • Feb
    23

    DEMONETISATION AFFECTS CREDIT DEMAND, BENEFITS RETAIL PAYMENT SYSTEMS

    The Indian government’s decision on November 8, 2016 to immediately withdraw all Rs 500 and Rs 1,000 bank notes — approximately 86 per

  • Feb
    21

    Fear continues to stalk the corner offices and board rooms of prominent PSU banks already encumbered with rising gross non-performing assets (NPAs). The arrests of former chairman of IDBI

  • Feb
    20

    If you are planning to avail of a home loan, it is the best time now to go for it as lending rates for housing loans are at their lowest

  • Feb
    03
    By FC Bureau

    In a bid to discourage cash transactions, country's second largest private sector lender HDFC Bank has decided to steeply increase the fees for savings account holders on a slew of