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AU Small Finance Bank gets RBI nod to become universal bank

August 07, 2025 9:56 pm

The universal bank status will allow AU Bank to offer a wide range of financial services and products under one roof without many restrictions unlike a small finance bank.

One in five banks sees a rise in loan write-offs in FY24

November 25, 2024 9:15 pm

Loan write-offs by scheduled commercial banks drop by 18.2%.

Govt banks are expanding but it’s the private ones that do all the new hiring

January 06, 2015 8:44 am

Private banks account for over 72 per cent of new recruitments in the last nine years.

RBI allows banks to structure old loans of infra projects

December 16, 2014 2:02 am

371 projects with investments worth R18,47,266 cr are stalled and pending for resolution.

RBI panel gives roadmap for bank directors’ qualification

September 24, 2014 2:19 am

It also proposed that a Banking Aptitude Test as national, online test can be conducted for entry-level recruitment in banks.

Share info on black money with SIT: RBI to banks

June 24, 2014 1:12 am

The SIT under the chairmanship of former Supreme Court judge, Justice MB Shah, was constituted by the Narendra Modi-led government on its first day in office.

Your home loan just got dearer

February 03, 2014 2:52 am

with an interest rate hike from 11% to 11.25%, customers seeking Rs 20 lakh as home loan for 20 years, will now have Rs 20,985 as EMI from Rs 20,643 before the hike.