Economic

Indian Bank targets 3.4% NIM in FY25

Bank targets Rs ₹7,000 crore-Rs ₹8,000 crore of recoveries in the current fiscal

Cybersecurity in banking is a continuous process, says ...

 Pradeep Kumar stressed the growing complexity of cyber threats, emphasising the...

Banking system faces huge liquidity deficit

RBI conducts VRR auctions on Friday to inject liquidity

Bank of Baroda’s global biz up 12% in Q3FY25

The Bank’s global deposits (domestic plus overseas deposits) were up about 12 pe...

PNB and BoM clock good deposit and advances growth in Q...

PNB reports 15 per cent increase in global business in third quarter to ₹26,42,3...

Deposit growth weakens in the last fortnight of CY2024

This trend suggests that depositors are increasingly favouring time deposits due...

Bajaj Broking partners with Tamilnad Mercantile Bank to...

The collaboration aims to offer Tamilnad Mercantile Bank customers a seamless on...

₹2,000 withdrawal: ₹6,691 crore worth of banknotes rema...

The facility for exchange of the ₹2000 banknotes is available at RBI’s 19 Issue ...

NPCI pushes the deadline to impose market cap on UPI pl...

WhatsApp allowed to offer UPI services to all its users to spur competition

CoinSwitch announces ₹600 crore recovery fund for Wazir...

Under the initiative, CoinSwitch will offer rewards and recovery options to new ...

HDFC Bank reports 7.6% growth in Q3 advances

HDFC Bank’s retail segment showed strong performance with a 10 per cent year-on-...

Kotak Bank CTO Milind Nagnur quits citing personal reasons

Resignation comes at a time when KMB is barred by the RBI from onboarding new cu...

Liquidity management may take priority over rate cuts i...

With liquidity being tight, some foreign banks see the RBI opting for a liquidit...

Government to soon launch new credit guarantee scheme f...

The scheme is expected to be placed before the Union Cabinet soon for its approval

SBI unveils TAB-based digital onboarding for NRIs’ acco...

This initiative utilises digital tools to streamline account opening, eliminatin...

Consolidated solvency ratio of insurance sector remains...

At 202 per cent, as at June-end 2024, the aggregate solvency ratio for life insu...

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