public sector banks
SBI Slow In Procurement From GeM Portal; Lags Behind Counterparts In FY23
Banking - Published date: .
India's largest lender SBI was quite slow in procuring goods and services from government-owned GeM portal in 2022-23 an... Read more
Indian Overseas Bank Launches Electronic Bank Guarantee Scheme
Banking - Published date: .
Public sector Indian Overseas Bank has launched the facility of issuance of e-BG (Electronic Bank Guarantee) scheme in a... Read more
Canara Bank To Raise Up To Rs 3,500 Crore Through Tier II Bonds
Banking - Published date: .
Its last capital raise via Tier II bonds for Rs 2,500 crore was in December 2021 at coupon of 7.09 per cent Read more
Bank Of India Says It Can Absorb Mark-down Of Recapitalisation Bonds
Banking - Published date: .
Lender makes statement as central bank expresses concern at the recapitalisation of state-owned lenders through zero-cou... Read more
RBI Extends Restrictions On Karnataka's Millath Co-Operative Bank Till May
Banking - Published date: .
As per the directions issued first on May 10, 2019, withdrawals were capped at Rs 1,000 from any account. The directions... Read more
CSB Bank Advances Up Nearly 11.5% To Rs 14,827 Cr In Dec Quarter
Banking - Published date: .
Shares of CSB Bank on Monday closed at Rs 237.50 apiece on the BSE, up 0.93 per cent from the previous close Read more
HDFC Bank Ties Up With IPPB To Serve Semi-urban, Rural Areas
Banking - Published date: .
About 90 per cent of IPPB customers reside in rural areas Read more
BBB Invites Applications For Position Of Union Bank Of India MD
Banking - Published date: .
The post of MD and CEO would fall vacant at Mumbai-based Union Bank of India upon retirement of Rajkiran Rai G in May 20... Read more
Unity Small Finance Bank Begins Operations, Paving Way For Merging PMC
Banking - Published date: .
Unity Small Finance Bank, the 51:49 joint venture between Centrum Group and payments app Bharatpe, on Monday launched th... Read more
HDFC Second Quarter Net Profit Rises 32% To Rs 3,780 Crore
Banking - Published date: .
HDFC scrip was trading at Rs 2,901.35 apiece on BSE, up 2.02 per cent from the previous close Read more
Bandhan Bank Gets Empanelled As Agency Bank Of Reserve Bank Of India
Banking - Published date: .
The RBI's decision will help Bandhan Bank in contributing to nation-building, its MD and CEO Chandra Sekhar Ghosh said Read more
Govt Extends Tenure Of Bank Of India Executive Director Rajagopal By 2 Yrs
Banking - Published date: .
State-run Bank of India on Monday said the government has extended the term of its executive director P R Rajagopal by t... Read more
Small Business Suffer As Banks Shut Current Accounts After RBI Circular
Banking - Published date: .
State-owned lenders welcome 'need for discipline' but their private competitors say business is suffering Read more
HDFC Bank Writes Off Rs 3,100-crore NPAs In The April-June Quarter
Banking - Published date: .
Offloads Rs 1,800 crore of bad loans Read more
SBI Better Positioned To Tackle Any Subsequent Covid-19 Wave: Khara
Banking - Published date: .
SBI is the country's largest lender Read more
HDFC Bank To Buy 4.99% Stake In HDFC ERGO For Rs 1,906 Crore
Banking - Published date: .
The bank has been a distribution partner of the insurer since 2009. Read more
State-owned UCO Bank Looks To Raise Up To Rs 500 Crore
Banking - Published date: .
The board of directors will consider the proposal for raising tier-II capital of up to Rs 500 crore at its meeting sched... Read more
BoB Board Approves Setting Off Losses Against Share Premium Account
Banking - Published date: .
For fiscal year 2020-21, the bank reported a net profit of Rs 828.95 crore, up 52 per cent from Rs 546.18 crore a year a... Read more
IndusInd Bank Plans To Raise Climate Financing To 3.5% In Two Years
Banking - Published date: .
Private sector IndusInd Bank on Saturday said it will reduce carbon emissions to 50 per cent in next four years and rais... Read more
Punjab National Bank Eyes Three-fold Rise In Profit In Fiscal 2022
Banking - Published date: .
Despite Covid-19, the bank's profit surged over five times during the financial year ended March 2021 Read more