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PUBLIC SECTOR BANKS
These 6 banking stocks have an upside potential of up to 26% in 1 year, according to analystsThe way things are panning out in the Gulf region, in Wall Street, and in the Bay Area in northern California, the chances of greater volat...
Will fixed deposit interest rates go up in October as inflation rises?Recent data reveals a rise in Consumer Price Index inflation, now at 4.8 percent, spurring predictions of possible interest rate hikes by t...
NSE IPO jackpot: 10 PSUs could pocket Rs 12,802 crore from stake saleNSE’s IPO could deliver a massive windfall to 10 public-sector shareholders, which together could make a profit of around Rs 12,802 crore b...
Vi eyes Rs 35,000-cr loan to fund next decade's capexVodafone Idea is arranging a significant loan to fund its capital expenditures. State Bank of India has approved a substantial portion of t...
Global stock rally at risk as AI investment concerns mount: BISThe Bank for International Settlements (BIS) has warned that the AI-driven global stock market rally is showing signs of vulnerability as i...
Global Market: SB Energy to sell up to $500 million worth of shares to Japanese investors ahead of US IPOSB Energy, backed by SoftBank, plans to raise up to $500 million from Japanese investors through a share sale as it prepares for a US listi...
Bank of Baroda's new mobile app to help customers make payments using voice commandsBank of Baroda launched its updated mobile application, bob World 2.0, with new features. This app now allows users to make payments using ...
India can be a sandbox for ethical, affordable AI, says WBG's ZhangWorld Bank managing director and chief administrative officer Wencai Zhang was on a visit to Chennai last week to commemorate 25 years of t...
SoftBank gets upsized $11.9 billion loan in OpenAI funding pushThe latest borrowing would add to SoftBank’s wave of recent debt financing activities tied to its bet on OpenAI. That includes a $10 billio...
Bank strike halts work at 7,000 branches in MP, affects business worth Rs 5,500 crore: AssociationBank operations halted across Madhya Pradesh due to a nationwide strike. Approximately 7,000 branches were affected, impacting daily busine...
Banking services hit as unions strike for five-day workweekA nationwide bank strike disrupted services at public sector banks on Friday as unions pressed for a five-day workweek and resolution of wa...
Bank strike today September 11: PNB, Indian Bank, SBI, UCO, list of banks that may face disruptionsBank strike on September 11: Several major lenders have warned customers that branch and office services may be affected if employees join ...
NPA provisions fall for second straight quarter as bank asset quality improvesAggregate loan loss provisioning by banks dropped significantly year-on-year. This decline was driven by improving asset quality and fewer ...
Banks plan to e-auction cars, vehicles on BAANKNET to speed up recoveriesBanks are planning to auction cars and vehicles on the BAANKNET platform. This initiative aims to streamline the recovery of non-performing...
FCNR(B) windfall for banks explained: Who got highest inflows and what it means for investorsFCNR(B) deposits offer banks a cheaper and balance-sheet-efficient source of funding, but their finite tenor and initial deployment challen...
Private banks’ profit margins recover as FCNR(B) inflows ease deposit funding pressureIndia’s private banks saw fresh lending spreads widen sharply in July as FCNR(B) inflows improved liquidity and reduced reliance on expensi...
PSB PLI scheme deferred amid employee concernsThe finance ministry said in a statement Monday it has taken cognisance of the concerns and decided to keep the implementation in abeyance ...
Govt keeps PSB employees' PLI scheme for FY26 in abeyance after union representationThe government has postponed the performance-linked incentive scheme for bank employees. This decision follows employee representations see...
Senior citizen FD interest rates of up to 8.50%: Top 5 fixed deposit rates from PSU, private and small finance banksHighest senior citizen FD interest rates: Small finance banks offer senior citizens the highest fixed deposit rates currently. Equitas, ESA...
LCR reset creates ₹2.1 Lakh-crore lending headroom for PSU BanksPublic sector banks gained significant lending headroom after liquidity requirement relaxation. This allows them to sustain credit growth w...