Banking
SBI hikes Home Loan rates to 6.95% – Expert reviews & guide
State Bank of India (SBI) puts forward home loans at the best possible interest rate. It starts at a rate…
Banking
Banking
Banking
Debt of worth ₹2-lakh crore looms over new bad bank
The new entity to help speed up decision-making and improve resolving bad loan piles.
Banking
Kotak Special Situations Fund invests $502 million so far with $1-bn corpus
Kotak Investment Advisors, a part of Kotak Mahindra Bank, February 2019 launched KSSF as an AIF special situations fund with…
Banking
PSB’s CBI and IOB likely to have been cleared for divestment by cabinet secretary led panel
For the divestment process to move forward, amendments will be required to the Banking Regulations Act among some other banking…
Banking
Cabinet secretary holds a meeting regarding privatization of banks
According to reports, the cabinet secretary held a meeting with the high level panel regarding the privatization of the two…
Banking
Amidst COVID-19, banks recorded profit around 1 lakh crore
In Financial Year’21, the banking sector has recorded the highest profit ever at Rs 1,02,252 crores, amidst COVID-19, a time…
Banking
RBI frames guideline to appoint MD’s in urban cooperative banks
The Reserve bank of India (RBI) on Friday laid down a set of rules for appointing managing directors and whole…
Banking
Restrictions on PMC Bank to continue till December 31: RBI
Recently, a proposal by Centrum Financial Services and BharatPe was given an in-principal approval by the regulator to take over…
Banking
Tamil Nadu: State bank of India stands disabled for all ATM withdrawal
After two member gang exploited the technical flaws and looted at least 48 lakhs from the bank, India’s largest bank…
Banking
Banks get assets worth Rs 9,371 crore owned by fugitives Vijay Mallya, Mehul Choksi & Nirav Modi
The ED has taken steps to seize assets to the tune of Rs 18,170.02 crore which can cover over 80.45%…
Banking
Shares of PSUs- IOB and CBI hit 52 week high amid reports of divestment
The Modi government has set a target to raise a total amount of Rs.1.75 lakh crore through disinvestment during the…
Banking
Fixed deposit holder’s in DHFL might receive an additional amount of Rs.966 crore
Dewan Housing Finance Corp. Limited’s fixed deposit holders who are on the edge of loosing a wide part of their…