Interest income grew 8% year-on-year to Rs 1,591 crore while interest expense rose 15% to Rs 704 crore during the quarter under review. Provisions (other than tax) and contingencies jumped 254% to Rs ...

SC has called on the RBI and other stakeholders to establish a standardised framework for preparing title clearance reports before sanctioning of loans ...

A bomb threat email prompted an immediate security response at a school in the Jogeshwari-Oshiwara region of Mumbai.

Trump’s policies have added to our contextual complexity. Faced with conflicting demands, India’s central bank should wait ...

Retail lending, particularly in the unsecured segment such as personal loans and credit cards, has been under scrutiny in recent months. With the Reserve Bank of India flagging concerns and tightening ...

State-owned Bank of India (BoI) on Thursday said its board has approved Rs 5,000 crore fund raising through infrastructure bonds.

The minister emphasized the shift in mindset from import substitution to export-led growth. “Today, 99.1% of mobile phones used in India are manufactured locally. Now, we are focusing on making in ...

P. Suriaraj has taken charge as executive director of the Dhanlaxmi Bank. He was appointed by the Reserve Bank of India (RBI) as executive director of the Bank for a period of three years.

Domestic investors have shown a lot of interest in such bond issuance by banks, and many lenders have exercised this option for raising resources in the recent past.

America's national debt hit a new record in November when it eclipsed $36 trillion for the first time ever. It's a staggering amount that can not only effect U.S. economic growth but also essential ...

Former Reserve Bank governor Raghuram Rajan attributes the Indian rupee's fall to a strong US dollar, advising caution with ...

From political interference to unchecked loans, Bangladesh's financial system faces repeated crises. But empowering researchers with anonymised lending data might hold the solution ...