Banking

The funds mobilised will be used to meet growth requirement (Mint file)

India Overseas Bank raises ₹500 crore via bonds

1 min read . 21 Sep 2019

NITI Aayog vice-chairman Rajiv Kumar (Ramesh Pathania/Mint file)

Corporate tax cut to have 'minor' impact on fiscal deficit: Niti Aayog

2 min read . 21 Sep 2019

The timeline for auto-reversal has been set at between one day after the transaction to five days. Photo: iStock

Failed ATM services: RBI tightens norms for banks, up penalties

1 min read . 20 Sep 2019

The mindless consolidation of public sector banks is also not reform. (Reuters)

The roadmap for real banking reforms

10 min read . 20 Sep 2019

Not just cheque clearances but ATM services too might get affected as a result of the bank strike followed by two consecutive weekly holidays in the last week of September. (PTI)

Bank strike next week: Bank branches could be shut for 4 consecutive days

1 min read . 20 Sep 2019

(Photo: Reuters)

RBI caps term for banks' concurrent auditor at three years

1 min read . 19 Sep 2019

A file photo of Shaktikanta Das, governor RBI (Photo: Mint)

Banks need to take larger haircuts to resolve stress in some NBFCs, says Das

2 min read . 19 Sep 2019

Union Finance Minister Nirmala Sitharaman with MoS for Finance Anurag Thakur and Finance Secretary Rajiv Kumar chairs a review meeting with the public sector banks, at Vigyan Bhawan in New Delhi (Photo: PTI)

Banks to hold public meets with NBFCs until 15 Oct in 400 districts: Sitharaman

1 min read . 19 Sep 2019

Union Finance Minister Nirmala Sitharaman with MoS for Finance Anurag Thakur chairs a review meeting with the public sector banks, at Vigyan Bhawan in New Delhi (Photo: PTI)

Don't want banks to only recycle loans with existing customers: Sitharaman

1 min read . 19 Sep 2019

The bank will allow all existing home loan customers as on 30 September to switch over to the new product (Mint file)

SBI eyes 1 October launch of revamped home loan product linked to repo

2 min read . 19 Sep 2019

There is tight liquidity among property developers (Mint file)

Moody’s says Altico’s default credit negative for banks with exposure to realty

1 min read . 19 Sep 2019

Rashesh Shah, chairman of Edelweiss Financial Services. Photo: Abhijit Bhatlekar/Mint (Abhijit Bhatlekar/Mint)

Rashesh Shah of Edelweiss says credit markets to return to normalcy by year-end

2 min read . 19 Sep 2019

Former Reserve Bank of India governor Bimal Jalan (Mint file)

RBI reserves can fund national security exigencies: Bimal Jalan

4 min read . 19 Sep 2019

Finance minister Nirmala Sitharaman (Pradeep Gaur/Mint file)

Five things to watch out for in Nirmala Sitharaman's meeting with PSB heads

2 min read . 19 Sep 2019

Bankers can now take decision without fear; CVC sets up panel to examine fraud

2 min read . 19 Sep 2019

The business after the amalgamation will be more than Rs8 lakh crore. (Mint)

Indian Bank board gives in-principle nod to merge Allahabad Bank with itself

1 min read . 18 Sep 2019

The new external benchmark-linked loan pricing was introduced after the RBI realized that transmission of policy rates to customers under the MCLR framework had not been satisfactory.

RBI may not allow lenders to offer teaser home loans

1 min read . 18 Sep 2019

RBI looking at how NBFCs, HFCs set their lending rates

2 min read . 18 Sep 2019

Govind Singh, managing director and chief executive office, Utkarsh Small Finance Bank.

RBL Bank-backed microlender Utkarsh SFB plans ₹500 crore IPO

2 min read . 18 Sep 2019

YES Bank co-promoters Rana Kapoor and his family owned firm MCPL is one of the promoters of the bank, holding 3.03% stake as on March 31, 2019 (Mint file)

Care Ratings downgrades Rana Kapoor’s Morgan Credit

1 min read . 18 Sep 2019