Banks’

Banks closed for five days in a row later this month? Services to be hit

The unions are protesting for fear of job loss following the PSU mergers. Bank services will be hit later this ...

Going subprime isn’t the answer for India’s big banks

Any financing that’s secured by collateral — steel mills, textile factories, power plants, roads or land — is ...

18 public sector banks hit by 2,480 fraud cases of Rs 32,000 cr in Q1: RTI

A total of 2,480 cases of fraud involving a huge sum of Rs 31,898.63 crore rattled 18 public sector banks in the ...

Merger of 10 PSU banks unlikely to revive credit flow

Mumbai: The merger of 10 public sector banks (PSBs) into four entities is unlikely to revive credit growth or have ...

Compliance culture of Indian banks is ‘far from satisfactory’ : RBI Deputy Governor

Lenders should eschew tendency to treat compliance merely as a cost, says MK Jain The compliance culture of ...

Central bank opens liquidity tap to help stressed shadow banks

MUMBAI: The Reserve Bank of India (RBI) on Wednesday announced two key measures to help stressed non-banking ...