Banking

Last year, RBI had asked banks to move floating rate retail and small business loans to an external benchmark. (MINT_PRINT)

RBI board member writes to PM Modi; suggests rescheduling loan accounts

1 min read . 11:14 AM IST
(Photo: Mint)

Ambit Capital slashes price target for Bandhan Bank by 84%, maintains sell

1 min read . 11:06 AM IST
Last year, RBI had asked banks to move floating rate retail and small business loans to an external benchmark. (Mint)

External benchmarks helped improve rate transmission: RBI

2 min read . 09 Apr 2020
Once the lockdown norms are eased, MFIs would require additional credit from NABARD, SIDBI, Mudra or bigger banks.

RBI may announce separate credit line to rescue MFIs

2 min read . 09 Apr 2020
Non-banking finance companies (NBFCs) or shadow banks cater to mainly MSMEs, infrastructure and real estate sectors that have been hit hard due to lockdown. (Mint)

Covid-19 impact: Now, banks mulling extending moratorium benefits to NBFCs

2 min read . 09 Apr 2020
Photo: Reuters

Bank of Baroda cuts one-year MCLR by 15 bps to 8%

1 min read . 09 Apr 2020
According to the RBI, of the 62 banks from whom information was collected, 36 adopted the policy repo rate as the external benchmark (Photo: Mint)

Interest rate transmission improved after use of external benchmarks: RBI

2 min read . 09 Apr 2020
Experts said loan growth will remain muted even in FY21. (Photo: Hemant Mishra/Mint)

Covid-19 impact: Banks offer lower rates, easier terms as credit growth declines

3 min read . 09 Apr 2020
Reserve Bank of India (Photo: Aniruddha Chowdhury/Mint)

RBI tells HDFC Bank to review two key board appointments

1 min read . 09 Apr 2020
RBL Bank and IndusInd Bank could not increase their deposits in the aftermath of the Yes Bank crisis.

Deposits at large lenders soar post-Yes Bank crisis

2 min read . 09 Apr 2020
Photo: Mint

SBI cuts savings deposit rate to 2.75%, lowers lending rates

1 min read . 07 Apr 2020
One bps is one-hundredth of a percentage point. (Photo: Mint)

SBI cuts MCLR by 35 bps across all tenors from Apr 10

1 min read . 07 Apr 2020
Deposit base of the bank declined to ₹2,02,303 crore in the quarter ended March as against ₹2,16,713 crore in the previous quarter.

IndusInd Bank deposit shrinks 7% in March quarter

2 min read . 07 Apr 2020
The individuals and organisations can conveniently donate to the ‘PM CARES Fund’ account with ICICI Bank’s various digital channels. (REUTERS)

ICICI Bank receives govt approval to collect donations for PM CARES Fund

1 min read . 07 Apr 2020
After the merger with Syndicate Bank, the Canara Bank has now the fourth largest state-owned bank by assets.

Canara Bank slashes interest rates on loans upto 35 bps

1 min read . 06 Apr 2020
On 18 March, IndusInd Bank said that its deposit base had eroded by nearly 2% (Bloomberg)

IndusInd Bank taps CPPIB, GIC to raise $500 million

2 min read . 06 Apr 2020
he largest private sector lender has reported an aggregate deposits during the January-March period to ₹11.46 lakh crore

HDFC Bank bucks trend, reports rise in deposit base

1 min read . 05 Apr 2020
Moody's has assigned a negative outlook for the Indian banking sector due to disruptions arising from the coronavirus outbreak (AP)

India reassures public sector banks of capital support: Report

2 min read . 05 Apr 2020
PNB has merged with UBI and OBC from April 1, (Mint)

PNB may raise capital via bond, FPO, rights issue in Q3

2 min read . 05 Apr 2020
Different banks apply different rules to the relaxations announced by RBI, adding to the confusion for non-banking finance companies. (Pradeep Gaur/Mint )

NBFCs confused as banks differ over term loan moratorium

2 min read . 06 Apr 2020

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