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Banking
Surge in credit demand, falling liquidity may lead to credit tightening: Report
Wed, Aug 10, 2022
The liquidity condition is expected to become even more challenging over the coming months, owing to an expected seasonal pick-up in cash-in-circulation caused by the festive season, India Ratings and Research said in a report
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RBI MPC: Banks with higher share of floating rates to do well in this higher interest rate regime, says Naveen Kulkarni of Axis Securities
Fri, Aug 05, 2022
Banks with a higher share of floating rates and a robust CASA-led deposit franchise should be placed well in this increasing interest rate environment as the current credit growth is looking up, Naveen Kulkarni , Chief Investment Officer (CIO) at Axis Securities opines.
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Big setback! RBI imposes restrictions on 3 cooperative banks; Know how it affects customers
Sat, Jul 30, 2022
With imposition of restrictions on Jaiprakash Narayan Nagari Sahakari Bank, Basmatnagar, depositors will not be able to withdraw funds from their accounts, the central bank said in a statement.
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Unclaimed deposits Rs 48,262 cr in FY22: Rising steeply! RBI launches awareness campaign
Tue, Jul 26, 2022
According to RBI norms, balances in savings/current accounts that are not operated for 10 years, or term deposits not claimed within 10 years from the date of maturity, are classified as "unclaimed deposits"
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Rs 2000 cr business! 1st time - Defence Ministry approves these 3 Private Sector Banks to provide financial services in overseas procurement
Fri, Jul 08, 2022
With this for the first time three Private Banks have also been allowed to provide financial services for overseas procurement by MoD.
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SBI Defence Salary Package (DSP) Scheme - Important update for serving and retired Air Force Personnel and their families
Wed, Jul 06, 2022
"Under this package, retired personnel will also be eligible for complimentary Personal Accidental Insurance, irrespective of their age. The families of Pensioners would also be entitled to a number of benefits."
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HSBC to relaunch India private banking business within a year, says India CEO
Fri, Jul 01, 2022
HSBC Holdings PLC plans to relaunch its India private banking business within a year, its India CEO told Reuters on Thursday, after the Asia-focused lender has identified the country as a key strategic market for growth
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Bank privatisation may gather pace as government plans to pass Banking Law Amendment Bill in upcoming Monsoon Session: Sources
Wed, Jun 22, 2022
Zee Business Exclusive: Privatisation of Public Sector process may get a fillip as the government may take up the Banking Law Amendment Bill during the upcoming Monsoon Session of the Parliament. Zee Business' Tarun Sharma reports
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RBI MPC Policy: Banking, financial stocks gain on expected rate hike announcement, insurance stocks defy trend – SBI, BoB top gainers
Wed, Jun 08, 2022
With the Reserve Bank of India raising the key interest rate as expected, the rate-sensitive sectors, mainly banking and financials, gained immediately after the monetary policy announcement.
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BFSI stocks trade weakly ahead of Wednesday's RBI monetary policy announcements; Bajaj Finance, Bajaj Finserve, ICICI Lombard among biggest losers
Tue, Jun 07, 2022
The central bank is expected to raise the key interest rates to control the rising inflation tomorrow after the three-day Monetary Policy Committee (MPC) meeting concludes.
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Q4FY22 Review: March quarter earnings mixed bag – banking, realty, automobile report robust numbers, says brokerage
Sat, Jun 04, 2022
The revenue grew by 18 per cent Year-on-Year (YoY) and profit after tax growth stood at 15 per cent YoY was lower due to margins pressure, YES Securities said in its overall Q4 review report.
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Yet another big impact of Zee Business' campaign #OperationHaftaVasooli - RBI cancels Certificate of Registration of these 5 NBFCs - See full list; know reason
Wed, May 25, 2022
Zee Business ran a campaign #OperationHaftaVasooli in the interest of the borrowers who became victim of such NBFCs and their ill-treatment.
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