Bankers are closely watching monsoon rains and their impact on rural credit. Uneven rainfall poses inflation risks for summer crops and rur...

State Bank of India and HDFC Bank are raising significant dollar funds. These large Indian banks are borrowing from foreign institutions to...

Broadly speaking, both private and PSU banks are impacted by what happens to the economy. There might be some difference because of the foc...

US cholesterol guidelines statins: New US cholesterol guidelines could make 21.5 million more Americans eligible for statins by shifting th...

HSBC has mobilised about $5.5 billion in non-resident Indian deposits by offering highly leveraged loans under the RBI's FCNR(B) window, ou...

JC Flowers Asset Reconstruction Company is in talks to merge with ACRE. This move would create one of the largest bad-loan aggregators in I...

Kotak Mahindra Bank plans a $600 million loan from HSBC and CTBC Bank. Bank of India also secured $600 million through a dual-tranche term ...

The government has no current proposal for a one-time loan waiver for farmers. The Reserve Bank of India offers financial restructuring opt...

Japan plans to tighten permanent residency rules as early as October by introducing a minimum income threshold, pension eligibility require...

A parliamentary panel recommends vigorous enforcement of penalty guidelines by the Competition Commission of India. These guidelines aim to...

Punjab National Bank expects its FY27 net profit to exceed ₹20,000 crore after delivering more than ₹5,000 crore in quarterly profit for fo...

Banks across India will remain closed on Saturday? Reserve Bank of India guidelines mandate banks close on second and fourth Saturdays. Dig...

India's credit expansion is currently its strongest since 2012. Corporate loan growth reached a thirteen-year high in May. Household loan g...

A young employee's Reddit post about whether he should take a Rs 40 lakh personal loan to help repay his father's debt has triggered a heat...

Punjab National Bank will begin acquisition finance in the third quarter of this fiscal year. The bank aims to mobilize USD 2.5 billion in ...

Banks face challenges extending collateral-free loans up to twenty lakh rupees. Some accounts are not covered by the government guarantee s...

New Reserve Bank of India norms will prevent lenders from reselling acquired assets to defaulting borrowers. These prudential rules apply t...