Although Kotak Mahindra bank is set to emerge as 4th largest private sector bank after its merger with ING Vyasya bank, in terms of market value, it has maintained a similar ranking, each year since 2011.
Kotak Mahindra Bank announced acquisition of mid-sized private sector ING Vysya Bank for about Rs 15,000 crore.
Ahead of the monetary policy review, SBI Chairperson Arundhati Bhattacharya...
Goldman Sachs had earlier said that the central bank would keep its policy rates on hold.
Analysts on average had expected SBI to report a net profit of 32.54 billion rupees.
The small and payment banks will cater to small businesses and low income households.
Rose Valley had collected deposits of around Rs 15,000 crore from the public, 6 times bigger than Saradha scam.
A panel, headed by RBI Governor Raghuram Rajan, will hold interviews of eligible candidates for the post of CMDs.
Lenders have rejected a proposal put forth by the department of financial services (DFS) that said credit appraisals...
HDFC Bank today reported a 20 per cent rise in its September quarter net profit to Rs 2,381.5 crore.
Held till maturity, Inflation Indexed Government Stock 2023 can give returns in excess of gilts, corporate bonds and fixed deposits.
RBI governor believes that India will be 'solidly' in 5 pct growth bracket during course of this fiscal.
The rupee had gained three paise to close at 61.40 against the dollar in yesterday's trade.
Until earlier this year, Ben Bernanke, as chairman of US Fed, set the course of interest rate policy.
Going by the numbers so far, the ongoing festive season could turn out to be a busy one for bankers...
Reserve Bank of India Governor kept its key policy repo rate unchanged at 8 per cent.
GS Sandhu said that all the accounts under Jan Dhan scheme will be seeded to the Aadhar number.
The risk of the euro zone sliding into deflation and deeper stagnation is adding to the drag on the global economy from a slowdown in China.
The comparative analysis between debt-based funds and S&P India’s two benchmark indices — government bond index and bond index — is for the five years ended June 2014.
New technology is allowing lenders in the US to remotely prevent cars of defaulting borrowers from starting.
Indian asset management industry is estimated to be worth over Rs 10 lakh crore...
The Reserve Bank of India will probably wait until the second quarter of next year to loosen policy...
UCO Bank has an exposure of Rs 400 crore to the carrier, which has a total debt of Rs 6,500 crore from a consortium of 17 banks.
Prioritise cases for recovery of past dues based on a defaulter’s ability to pay
The rupee appreciated by nine paise to 60.96 against the US dollar in early trade.
SBI on Tuesday trimmed the interest rate on term deposits.
State Bank of India has become the first lender to cut deposit rates below 9 per cent.
The US Federal Reserve is on course to bring its bond-buying program to an end in October.
UCBs are inspected annually or once in two years depending on their ratings or classification.
Yesterday, the rupee had lost 35 paise to close at a four-week low of 60.95 against US dollar.
RBI to Banks: Group firms, management can be tagged as defaulters
Factors supporting Indian rupee include oil prices, gold import curbs, FII inflows.
The US dollar slipped on Friday after data showed US employers added the fewest jobs in eight months.
It is highly unlikely that the interest rates on EPF may go back into double digits as was the case in the 1990s.
The level of bad loans at Indian banks is a "concern" but is not "scary", says Raghuram Rajan.
The full year of 2014-15 may witness asset sales of Rs 50,000 crore, say investment banks like Credit Suisse.