Banks press ASX to brand-new record as incomes optimism buoys Wall Street
Welcome to your five-minute recap of the trading day. The numbers The Australian sharemarket hit a fresh record high on…
Australian Banks Refund $19 Million to Low-Income Customers – PYMNTS.com
Banks in Australia are issuing $19 million in refunds to low-income customers. The move follows an investigation by the Australian…
Bond addition favorable for banks; return of FII streams to benefit personal banks: Pranav Gundlapalle, Sanford C Bernstein
Pranav Gundlapalle , Senior Research Analyst, Sanford C Bernstein, says expects private sector banks to outperform the public sector banks…
Banks look for rewards for sustainability-linked loans from RBI and Centre
Banks have sought incentives from the Reserve Bank of India (RBI) and the Centre on sustainability-linked loans, a category of…
Punjab govt pays banks 1,426 crore to finish takeover of GVK Power’s center
The Punjab government has completed the payment of Rs 1,426 crore to banks led by IDBI to complete the takeover…
2 banks modify FD rate of interest; provide to 8%
Union Bank of India, a public sector bank has recently revised it fixed deposit (FD) interest rates for less than…
Why smaller sized banks favoured than leading personal banks?
"I think we are getting to that phenomena where a lot of smaller banks will grow much faster. And investors…
30 rely on UDGAM website to assist individuals claim, search unclaimed deposits: RBI
Synopsis The Reserve Bank of India (RBI) has announced that 30 banks have been included on the UDGAM portal, which…
Is the IT Vs banks detach here to remain?
Dipan Mehta, Director, Elixir Equities, says “if one has a longer term view, three years, five years or so, then…
Banks’ net interest margin leaps 46 basis indicate 3.3% in March quarter, states report
Synopsis An analysis of banks' balance sheets by Care Ratings has found that banks' net interest margin (NIM) increased by…
Banks cut FD rate: End of increasing repaired deposit rates?
Fixed deposit interest rates have scaled new highs over the past two years as banks have increased rates after the…
Banks bank on personal capex, NBFC development to drive business credit FY24
With corporate credit growth having picked up momentum over the last 9-12 months, led by demand for refinance and working…
Are banks closed on April 4 for Mahavir Jayanti?
On account of Mahavir Jayanti in several states, public and private sector banks will be closed on April 3 and…
RBI determines banks’ direct exposure to Adani business
Mumbai: The Reserve Bank of India (RBI) is said to be assessing the banking system's exposure to the Adani Group…
It is time banks and loan provider made ‘Business Excellence’ a condition for loans
I do not know how history will judge me, but let me say that I've spent a lot of time…
Deutsche Bank’s worn India-born co-CEO Anshu Jain dies after battle with cancer – The Hindu
Anshu Jain, Deutsche Bank's former India-born co-Chief Executive Officer, has died after a nearly five-year battle with cancer. Deutsche Bank…
Non-public banks lead the expansion of India’s banking community | Mint – Mint
Subscribe Search My Readse-paper New Notifications Newsletters IFSC Code Finder New MintGenie For You Top Sections News Companies News Start-ups…
Fed’s Shift Is Temporary Advantage for Emerging Market Central Banks
Fed's Shift Is Temporary Boon for Emerging Market Central Banks
Warren Buffett Sours on Banks and Likes (Gulp!) Gold
Folding on banks. Photographer: Houston Cofield/ Dumping bank shares and investing in a gold miner? It certainly doesn’t sound like…
Cabinet chooses to bring cooperative banks under the RBI through an ordinance
Punjab and Maharashtra Bank (PMC) depositors against Reserve bank near RBI headquarter in Mumbai on Wednesday. | Photo Credit: Vivek…
MSME revival bundle yet to take off as banks wait on RBI norms
Almost one month after Union Finance Minister Nirmala Sitharaman announced the revival package for stressed micro, small and medium enterprises,…
EU should present united front to shield pandemic-hit banks: regulator
FRANKFURT (Reuters) - European countries need to join forces to shield their banks from the coronavirus outbreak, one of the…
Westpac rules out using home mortgage redraw facilities after ME Bank’s relocation triggered outrage
Westpac says it is not going to take cash from accounts linked to its customers' home loans to help it…
RBI tosses 2nd Rs 1 lakh-crore-lifeline, prompts banks to provide more
MUMBAI: Three weeks after it unveiled its first package on March 27 for an economy battered by the Covid-19 pandemic,…
Asia shares suffer virus chills, central banks offer what they can
SYDNEY (Reuters) - Asian shares slid on Monday and oil prices took another tumble as fears mounted that the global…
India coronavirus lockdown | Finance Ministry pulls up banks on shut branches
Bank unions cite problems the staff faced in reaching branches. The Union Finance Ministry has asked banks to explain why…
Make sure smooth transfer of funds to Jan Dhan accounts, banks told
Replenish ATMs regularly to meet requirement: FinMin The Finance Ministry has asked all the banks to ensure smooth transfer of…
Markets lifted as central banks, governments pour in cash
LONDON (Reuters) - Stock markets rebounded from some of their recent huge losses on Friday, pulling further away from three-year…