Better financial health of RRBs prompts sponsor banks to explore listing them
Regional Rural Banks (RRBs), once considered laggards in the banking ecosystem, are slowly coming into their own. For the first ...
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Tag: banks
Ten more banks set to join syndication for Reliance Industries Ltd’s $3 billion loan
At least 10 more lenders are set to join the third leg of the syndication of $3 billion loans to ...
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Bank of Maharashtra cuts home loan rate to 8.4%
Bank of Maharashtra has reduced home loans rates by 20 basis points to 8.40%, making it one of the lowest ...
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SVB collapse: Name mix-up sends an Indian bank’s customers into panic mode
The collapse of Silicon Valley Bank (SVB) in California had impacted the customers of Mumbai-based Indian bank. A cooperative bank ...
Read moreIndian banks well placed for next fiscal say rating agencies
Global credit rating agency Moody's has maintained a stable outlook for India's banking system citing strong fundamentals of the local ...
Read moreIndian banks unprepared for RBI’s ESG push, survey shows
Indian banks are not prepared to adopt environmental, social and governance (ESG) norms as part of their lending models due ...
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Assets worth Rs 26,000 crore monetised in FY23: NITI Aayog
The government has monetised assets worth ₹26,000 crore during FY23 against the target of ₹1.6 lakh crore for the current ...
Read moreBanks’ asset quality likely to improve further, say analysts
Indian banks' asset quality improved over the last couple of years and is soon expected to be better than what ...
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Banks seek more time to report loan frauds to RBI
Banks have asked the Reserve Bank of India (RBI) for a relaxation in the rules on reporting loan frauds, reasoning ...
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RBI cancels licence of MP-based Garha Co-operative Bank
The Reserve Bank of India (RBI) on Monday cancelled licence of Garha Co-operative Bank, Guna in Madhya Pradesh as the ...
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