CATEGORY

Banking

Explore our comprehensive coverage for timely updates on banking sector developments that matter most to you.

Banking

Vayana Network and IDBI Bank collaborate on supply chain financing

Newsdesk -
On Monday, IDBI Bank said that it has agreed to cooperate with Vayana Network as its first fintech partner to provide end-to-end digitization services. According...
Banking

RBI cancels the License of Pune based Bank

Newsdesk -
The Seva Vikas Co-operative Bank Ltd., with offices in Pune, has had its licence revoked by the Reserve Bank of India (RBI). According to...
Banking

Telecom & IT Minister Ashwini Vaishnaw successfully tested 5G call at IIT Madras

Newsdesk -
Ashwini Vaishnaw, the Minister of Railways, Communications, and Electronics & Information Technology on Thursday successfully tested India’s first 5G audio and video call at...
Banking

RBL Bank raises $100 million from bonds

Newsdesk -
RBL Bank said it raised $100 million through its first issuance of Base III-complaint unsecured and subordinated tier 2 bonds. The tier 2 bond...
Banking

Bank of Maharashtra inks MoU with Ministry of Science and Technology

Newsdesk -
Bank of Maharastra has signed a memorandum of understanding (MOU) with the Ministry of Science and Technology for operating a Central Nodal Agency (CNA)...
Banking

SBI raises interest rates on bulk term deposits

Newsdesk -
On Tuesday, the State Bank of India hiked the interest rates on many bulk term deposits by 40-90 basis points. The revised interest rates...
Banking

Bank of Maharashtra, Karur Vysya Bank hiked lending rates

Newsdesk -
Bank of Maharashtra and Karur Vysya Bank on Monday announced a hike in their marginal cost of funds-based lending rate (MCLR). Bank of Maharashtra...
Banking

HDFC Bank raised MCLR

Newsdesk -
Since the Reserve Bank of India raised the repo rate, several banks have hiked interest rates. Following the trend, private lender, HDFC Bank has...
Banking

Punjab National Bank raises lending rate by 40 bps

Newsdesk -
Punjab National Bank (PNB) announced on Friday that it has increased its external benchmark linked lending rate by 0.40 percent to 6.90 percent, which...
Banking

PM Modi likely to inaugurate 75 digital banks on August 15

Newsdesk -
To commemorate 75 years of India's independence, Prime Minister Narendra Modi will launch 75 digital banking units (DBUs) across 75 districts on August 15....
1...567...11Page 6 of 11

Latest News