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Business News/Industry/ Banking

Banking News

Dhanlaxmi Bank, Connaught Place

RBI approves appointment of Ajith Kumar K.K. as new Dhanlaxmi Bank MD & CEO

1 min read . 10:14 AM IST

A penalty of ₹43.30 lakh has been imposed on Rajkot Nagarik Sahakari Bank for non-compliance with RBI directions on 'ban on loans and advances to directors and their relatives

RBI imposes monetary penalty of ₹60.30 lakh on five co-operative banks

1 min read . 18 Apr 2024

The World Bank wants the money to go towards accelerating the company's sustainable future needs

Battery storage to EV finance: What World Bank's $1bn for SBI will support

2 min read . 17 Apr 2024

Mark Whelan, group executive, institutional, ANZ

ANZ ploughed capital into India in last two years. It is ready to do so again.

3 min read . 17 Apr 2024

The Reserve Bank of India is taking steps to regulate PoS service providers. (File Photo: Reuters)

RBI mandates regulatory approval for PoS providers to continue operations

2 min read . 17 Apr 2024

Bank Holiday on April 17

Bank holiday on Ram Navami 2024: Are banks closed on April 17?

1 min read . 16 Apr 2024

The rapid growth of third-party operators in the offline payments sector has highlighted the need for regulatory measures (istock)

RBI may issue license framework for point-of-sale players soon, says report

2 min read . 15 Apr 2024

Bank Holidays in April 2024: Banks will remain closed on April 13 and 14 for second Saturday and Sunday weekend off (Mint )

Are banks closed today on April 13 for weekend? Check details here

2 min read . 13 Apr 2024

The MPC of RBI raised the repo rate by 250 basis points between May 2022 and February 2023. It has since kept the key policy rate unchanged. (Photo: Mint)

Last-mile transmission a big hurdle to policy rate cut

3 min read . 13 Apr 2024

Electoral Bond data: The SBI says the information is personal and is held in a fiduciary capacity. (HT_PRINT)

‘Denied info on...’: RTI activist as SBI refuses to reveal Electoral Bond data

2 min read . 11 Apr 2024

The ADB had in December last year projected the Indian economy to expand 6.7 per cent in the 2024-25 fiscal.

ADB raises India's GDP growth forecast for FY25 to 7% on robust investment

1 min read . 11 Apr 2024

Eid-al-Fitr 2024: banks will remain closed in states that are celebrating Eid on April 11

Are banks open today April 11 on occasion of Eid-al-Fitr? Check full state list

1 min read . 11 Apr 2024

The pace of growth of bank credit surpassed deposit growth in FY24, as per data from the RBI. (Image: Pixabay)

Mint Explainer: Behind the worst bank deposit crunch in nearly 20 years

3 min read . 09 Apr 2024

A Royal Bank of Canada (RBC) fired its CFO Nadine Ahn (REUTERS)

Who is Nadine Ahn and why did the Royal Bank of Canada fire her as CFO?

1 min read . 09 Apr 2024

Are Banks closed on April 9? Check Details

Are banks shut in India on April 9 for Gudi Padwa, Ugadi, Navratri celebrations?

1 min read . 09 Apr 2024

Prem Watsa-backed CSB Bank, Kotak Mahindra Bank and Emirates NBD are among those who have submitted initial bids for the government's majority stake in IDBI Bank. (REUTERS)

Are IDBI Bank's potential suitors good enough? RBI is checking

2 min read . 08 Apr 2024

Banks hiked deposit rates last fiscal year to draw in retail deposits. (Hemant Mishra/Mint)

Indian banks are battling the worst deposit crunch in 20 years

3 min read . 08 Apr 2024

Bandhan bank's founder and managing director and CEO Chandra Shekhar Ghosh. (Photo: Mint)

Bandhan Bank's Ghosh not to be part of the board post-retirement

2 min read . 08 Apr 2024

Bank Holidays in April 2024: Banks will remain closed for five days next week on April 9, 10, 11, 13, and 14 (Mint)

Bank Holidays in April: Banks to remain closed for 5 days this week. See details

2 min read . 08 Apr 2024

Why ICICI Bank employees are dialling ICICI Securities shareholders

4 min read . 10:28 AM IST

Banking Stocks

₹1,024.15-1.86%

₹1,494.61.06%

₹1,055.450.55%

Punjab National Bank

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State Bank Of India

₹744.8-0.35%