public sector banks


PNB To Transfer Bad Loans Worth Rs 8,000 Crore To NARCL

Banking - Published date: .

In current quarter, the bank expects substantial recovery from DHFL, although there are some issues lingering in NCLAT, ... Read more

Canara Bank Gets Board Approval To Raise Up To Rs 9,000 Cr In FY22

Banking - Published date: .

Stock of Canara Bank closed at Rs 161.85 apiece on the BSE, up by 5.37 per cent. Read more

Axis Bank Awaits Nod To Reclassify 3 Promoters As Public Shareholders

Banking - Published date: .

United India Insurance Company, National Insurance Company and New India Assurance Company will be reclassified as publi... Read more

Mumbai Angels Back Cloud-based Neobank Nemo With Undisclosed Funding Amount

Banking - Published date: .

A brainchild of IIM Ahmedabad alumni, Nemo is creating a unique business that aims to empower Indian MSMEs with the fina... Read more

Private Lender Yes Bank Targets Startup Sector, Ties-up With GVFL

Banking - Published date: .

To broaden its services for the start-up sector, the lender Yes Bank has tied-up with GVFL Limited. Read more

Individual Loan Business Continues To Improve In January-March: HDFC

Banking - Published date: .

Loans worth Rs 7,503 crore were assigned to its banking subsidiary. Read more

SBI Payments To Launch YONO Merchant App For Low-cost Payments

Banking - Published date: .

SBI Payments is a subsidiary of India's largest lender State Bank of India Read more

PNB Receives Loan Rejig Requests Of Only Rs 12,000 Crore, Says PNB MD

Banking - Published date: .

Restructuring sought for corporate loans has been worth Rs 9,000 crore Read more

South Indian Bank Posts Q4 Loss Of Rs 190 Cr, Income Grows To Rs 2,342 Cr

Banking - Published date: .

The bank made a one time provisioning of Rs 255 crore on some large value non performing assets (NPA) it sold to an asse... Read more

UK High Court Defers Bankruptcy Plea By SBI-led Banks Against Vijay Mallya

Banking - Published date: .

This bankruptcy petition is by any measure extraordinary. The banks are pressing for a bankruptcy order at a time when t... Read more