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Business News/Industry/ Banking

Banking News

HDFC Bank’s total deposits was practically stagnant at ₹23.8 trillion in April-June on a q-o-q basis. (Mint)

Large banks see deposit, credit slow down from March, smaller peers better off

3 min read . 08 Jul 2024

A man walks past an office of Bank of Communications in Beijing, China, In the week ending June 24th, 40 Chinese banks vanished as they were absorbed into bigger ones. (File Photo: Reuters)

Why Chinese banks are now vanishing

3 min read . 07 Jul 2024

San Francisco has been contending with rising office-vacancy rates. PHOTO: JASON HENRY/BLOOMBERG NEWS

Big banks are taking hits from commercial real estate

3 min read . 06 Jul 2024

On 27 June, Sebi barred regulated entities such as stock brokers from associating with those providing advice or recommendations, or making claims on the performance of any security.

Sebi draws a line in the sand between influencers, educators

3 min read . 06 Jul 2024

Bank of Baroda announces plans to raise additional capital through bonds. (REUTERS)

Bank of Baroda to raise ₹7,500 crore via multiple bond tranches

1 min read . 05 Jul 2024

The combined market capitalization of HDFC Bank, ICICI Bank, and SBI in the global top 20 has surged by 32.5% in the last one year. (Mint)

Indian banks are rising on global stage, but investors are yet to join the party

4 min read . 05 Jul 2024

Shaktikanta Das, governor of the Reserve Bank of India. (Photo: Bloomberg)

ICYMI: How Shaktikanta Das is fixing the problem of wayward bank interest rates

4 min read . 05 Jul 2024

Arjun Chowdhry, group executive and head of retail assets, payments and affluent banking, Axis Bank

Citi’s India retail users in for a refresh as Axis integration nears completion

3 min read . 04 Jul 2024

Reserve Bank of India governor Shaktikanta Das. (PTI)

RBI governor Das urges bankers to step up efforts against mule accounts

1 min read . 03 Jul 2024

Q1 results preview: PSU banks are expected to report better earnings than private players, led by lower credit cost, lower NIM impact and normalizing opex. ((Image: iStock))

Q1 preview: Expect banking sector to see healthy loan growth with NIM pressure

4 min read . 03 Jul 2024

The RBI's ₹2,000 note withdrawal update: The total amount remaining to be withdrawn from the system has been reduced by 2.29 per cent compared to last month's data release.

RBI's ₹2,000 note withdrawal update: 97.87% of currency back in system

1 min read . 01 Jul 2024

As per SBI, the product will be made available through digital mode on 'Yono' application to the existing customers.

SBI launches online quick loan solution for MSMEs

1 min read . 01 Jul 2024

Banks in most parts of India will be open on June 29, 2024, except in Kohima, Nagaland

Bank holiday today: Are banks closed on Saturday, June 29?

1 min read . 29 Jun 2024

Shaktikanta Das, governor, Reserve Bank of India. (PTI)

RBI projects further moderation in bank NPA to 2.5%

3 min read . 28 Jun 2024

The National Bank For Financing Infrastructure And Development (NaBFID) was set up in 2021 with an initial capital infusion of ₹20,000 crore and an additional grant of ₹5,000 crore. (Bloomberg)

Banks wake up to competition as young infra lender flexes muscles

4 min read . 27 Jun 2024

Reserve bank of India governor Shaktikanta Das. (Bloomberg)

Indian economy moving towards 8% growth on sustained basis: RBI governor Das

1 min read . 25 Jun 2024

State-owned banks are trying to keep the central government's stake in their corporations below the maximum of 75% that Sebi mandates. (REUTERS)

Five PSBs likely to hit market with QIPs in FY25 to comply with Sebi norm

4 min read . 25 Jun 2024

India's GDP grew at a blistering 8.2% in FY24, ably supported by January-March quarter growth of 7.8%. (Mint)

Will tight monetary policy curb growth? MPC members remain divided

3 min read . 21 Jun 2024

Finance Minister Nirmala Sitharaman receives dividend from SBI

Dividend bounty: Finance Minister receives ₹6959.29 crore from SBI for FY24

1 min read . 22 Jun 2024

One of the bankers said the primary concern was that Vodafone Idea was upgrading its 4G networks while its competitors had moved on to 5G.

A tale of two loans: Banks queue up for BPCL, put Vodafone Idea on hold

3 min read . 21 Jun 2024

Banking Stocks

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₹1,648.1-0.8%

₹1,233.450.09%

Punjab National Bank

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State Bank Of India

₹860.05-0.44%