Banking

As a percentage of total loans, IndusInd Bank’s gross NPAs stood at 1.15%, as compared to 1.17% in the previous quarter . Photo: Mint

IndusInd Bank to raise up to ₹20,000 crore

1 min read . 23 Jul 2019

RBI deputy governor B.P. Kanungo (Photo: Reuters)

RBI names Kanungo to run monetary policy portfolio after Viral Acharya quits

1 min read . 23 Jul 2019

Kotak Mahindra Bank joins rivals in warning of challenges ahead

Kotak Mahindra Bank joins rivals in warning of challenges ahead

2 min read . 23 Jul 2019

According to the latest figures, 27,893 proposals have been sanctioned as on 31 March 2019. (Reuters)

PSB Loans in 59 minutes: Banks extend in-principle approval of loan upto ₹5 cr

1 min read . 23 Jul 2019

Payment Bank cannot accept deposits higher than ₹1 lakh. (Photo: Mint)

Future of payment banks uncertain, says SBI report

1 min read . 23 Jul 2019

Auditors to India's DHFL raise red flags around quarterly results

Auditors to India's DHFL raise red flags around quarterly results

2 min read . 23 Jul 2019

Panel favours cryptocurrency ban in India

Panel favours cryptocurrency ban in India

2 min read . 23 Jul 2019

Currently, IFCI holds 2.4 per cent stake in NSE and 4 per cent in CCIL. (Reuters)

IFCI aims to mobilise up to ₹2,000 cr from sale of non-core assets this fiscal

1 min read . 22 Jul 2019

For housing projects sponsored by government bodies, HFCs may disburse housing loans according to payment stages prescribed by authorities (Mint file)

NHB restricts housing finance companies from financing subvention schemes

1 min read . 22 Jul 2019

RBI governor Shaktikanta Das. (Photo: Bloomberg)

Monitoring NBFCs for ‘signs of fragility’, says Shaktikanta Das

10 min read . 22 Jul 2019

RBI had introduced the large borrower framework three years ago to reduce concentration risk in a banking industry laden with bad loans. (Aniruddha Chowdhury/Mint)

RBI closely monitoring 50 shadow banks for signs of contagion

3 min read . 22 Jul 2019

Shaktikanta Das’s comments, especially about the stance change being equivalent to a quarter-point cut, are being viewed as the first hint of the easing cycle nearing its end. (Bloomberg)

'Looking good': RBI chief on prospects of economic recovery

4 min read . 22 Jul 2019

A file photo of a woman at a Syndicate Bank branch, three months after the lender was nationalized in 1969.

Bank nationalization stands the test of time

8 min read . 21 Jul 2019

Axis Bank to raise ₹18,000 crore

Axis Bank to raise ₹18,000 crore

1 min read . 20 Jul 2019

India's 63 million firms in the micro, small and medium firm sector are responsible for more than a quarter of the country's manufacturing and services output (Mint file)

Government may tap foreign lenders for loans to small firms

3 min read . 20 Jul 2019

Former RBI governor Raghuram Rajan. Photo: Abhijit Bhatlekar/Mint

'I’m an outsider': Why Rajan didn't apply for top job at Bank of England

2 min read . 20 Jul 2019

Reserve Bank of India Governor Shaktikanta Das (File photo: AFP)

Shaktikanta Das meets PSB heads, reiterates call for faster transmission

1 min read . 19 Jul 2019

Credit growth to the services sector also lost steam and grew at a much slower pace of 14.8% in May (Aniruddha Chowdhury/Mint)

Credit, deposit growth manage to remain in double- digits

1 min read . 18 Jul 2019

Under Rana Kapoor, the total assets of the bank grew at a compound annual growth rate of 34% in the 10 years through March 2018 (Mint file)

Rana Kapoor loses $1 billion as Yes Bank shares slump 78% since August

2 min read . 18 Jul 2019

Last week, Allahabad Bank had disclosed to the RBI about a fraud of ₹1,774.82 crore by Bhushan Steel and Power. (Photo: Mint)

Allahabad Bank reports about ₹688 crore fraud by SEL Manufacturing

1 min read . 18 Jul 2019