HDFC Bank has received an observation letter with 'no adverse observations' from BSE Limited and an observation letter with 'no objection' from the National Stock Exchange of India Limited, both dated July 2, 2022, HDFC Bank said in a filing
According to official data, the number of fraud cases in private as well as public sector banks dropped to 118 in FY22 from 265 in 2020-21
Earlier in January this year, the ambit of the panel was expanded to conduct a first-level examination of large bank fraud cases involving amounts of over Rs 3...
"Fitch Ratings has revised the Outlook to Stable from Negative on the Long-Term Issuer Default Ratings (IDR) of 9 India-based banks, while affirming their...
The revised rates would be applicable across various tenors for domestic term deposits, non-resident ordinary (NRO) and non-resident external (NRE) term...
The second-largest lender among the urban cooperative banks had reported a net profit of Rs 150.21 crore in the year-ago period.
Inaugurating the iconic week celebrations by the Ministry of Finance and Corporate Affairs as part of the Azadi ka Amrit Mahotsav, Modi said India has...
The percentage share of funds deployed by mutual funds in CPs of NBFCs in FY22 stood at 4.4 per cent of debt assets under management (AUMs), up from 3.6 per...
There has been a smishing/phishing/cyber hacking attempt targeting SBI’s customers. Read below to find out how to report such a crime if you have fallen prey.
The RBI in a statement said the examination of six applications has now been completed as per the procedure laid down under the guidelines.
In the fiscal ended on March 31, 2022, the lender's gross advances grew by 9.77 per cent.
The 12 PSBs (Public Sector Banks) had reported frauds worth Rs 81,921.54 crore in preceding fiscal 2020-21, the Reserve Bank has said in response to an...
An assessee needs to mention his/her PAN in all communications with the I-T department and while entering into specified financial transactions.
The revised interest rates on bulk term deposits amounting to Rs 2 crore and above are effective from Tuesday.
Total income during the January-March period of 2021-22, however, was lower at Rs 5,444.08 crore from Rs 6,894.86 crore in the year-ago period
Total income during the March 2022 quarter increased to Rs 12,308.46 crore from Rs 11,707.53 crore in the year-ago period.
The support will help state-run payments banks to penetrate deeper into the country, especially in the rural area, and work towards financial inclusion.
With the launch of the fixed deposits (FD) facility, Airtel Payments Bank has further strengthened its digital banking portfolio, IndusInd Bank said in a...
The penalty has been imposed for violation of provisions related to KYC, creation of a Central Repository of Large Common Exposures - Across Banks, and...
TCS has been serving the largest pure-play credit card issuer in the country for a decade and the new deal is an expansion of the engagement.
Mulye, who was the executive director of ICICI Bank in charge of the wholesale banking portfolio, will take over her role on June 1, as per an announcement by...
Financial Services Secretary Sanjay Malhotra exuded confidence that public sector banks will continue to strive and perform better on all metrics, including...
PM SVANidhi scheme was announced as part of Atmanirbhar Bharat Abhiyan in May 2020 to help street vendors, who were impacted by the COVID-19 pandemic, resume...
Apart from cardless cash withdrawal and virtual debit cards, the bank has launched a range of other select digital services on its mobile app named PNB One for...
Before Citi's exit from the consumer banking business was announced on Wednesday, global banking majors such as ANZ Grindlays, RBS, Commonwealth Bank of...
