Banking

Panel meets to discuss regulatory concerns and speed up bank privatisation

A high-level panel led by the cabinet secretary recently met to iron out numerous regulatory and administrative concerns so that…

3 years ago

SBI prepared to handle the credit growth rise and anticipates a 9% increase in loan book in FY22

State Bank of India, the country's largest lender, is cautiously bullish about its prospects, expecting its loan book to increase…

3 years ago

Bank of England maintains UK interest rates at a record low of 0.1%

On Thursday, the Bank of England maintained its main interest rate at a historic low of 0.1 percent and revised…

3 years ago

The RBI has extended the directives enforced on PMC Bank till December 31

The Reserve Bank of India (RBI) announced on June 25 that it has prolonged the already enforced directives on PMC…

3 years ago

Yes Bank buys 47.83 lakh shares of Business India Publications

Yes Bank Limited, upon loan extinguishment, acquired 47.83 lakh equity shares of Business India Publications Ltd, representing 18.10 percent of…

3 years ago

The privatisation process of IDBI Bank begins

The government on Tuesday solicited bids to engage transaction and legal advisers to help in the strategic sale of its…

3 years ago

SBI receives board clearance to issue bonds worth up to Rs 14,000 crore

The State Bank of India (SBI) announced on Monday that its board of directors has approved raising additional tier-I capital…

3 years ago

In a year, banks collect Rs 13,706 crore from six major assets through the insolvency process

According to statistics published by the Insolvency and Bankruptcy Board of India (IBBI), banks and other financial creditors received Rs…

3 years ago

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