Bank of India aims to raise approximately $3.5 billion through foreign currency deposits and overseas borrowings, leveraging recent RBI mea...

A London High Court has ordered fugitive diamantaire Nirav Modi to pay Bank of India over $10.7 million (approximately Rs 100 crore). The j...

A report by credit bureau Experian shows that gold loans have become a major driver of India’s retail credit growth, with their share in th...

Indian banks can now lend against FCNR(B) deposits, with the RBI offering forex swaps only on the principal amount. This move aims to attra...

Public sector banks are losing ground in the gold loan market to private lenders and NBFCs, which offer faster service and wider reach. Whi...

RBI Governor Sanjay Malhotra urged banks to embrace digital transformation and view MSMEs as vital partners, not just compliance. Speaking ...

Lenders are concerned about the ripple effects of the West Asia conflict, which has disrupted supply chains and increased input costs for b...

Indian banks are seeking clarity from the RBI on allowing overseas branches to lend to non-residents for FCNR(B) deposits. Some lenders, li...

In response to a staggering ₹590 crore fraud uncovered in Haryana government accounts, the finance ministry has mandated that public sector...

Indian banks are becoming more cautious about lending to MSMEs as early signs of stress emerge in the sector. According to a 360 ONE Capita...

State Bank of India's chairman believes the bank is undervalued, citing improvements in financial strength, customer base, and earnings. He...

SBI Mutual Fund is preparing to launch its IPO in early July after receiving Sebi approval. The offer, entirely an offer for sale by SBI an...

Dozens of investors, including public sector banks and insurers, are poised for substantial gains from the upcoming National Stock Exchange...

State Bank of India's central board has approved raising up to Rs 60,000 crore this fiscal through rupee and dollar bonds. This move aims t...

India is in talks with the World Bank and Asian Development Bank for substantial funding. This financial support aims to boost urban infras...

HDFC Bank has successfully raised $750 million in offshore bonds, marking the first to leverage the RBI's 1.5% fixed-rate swap for external...

Eight public sector banks, including SBI, collectively added 13,223 employees in FY26, boosting their total workforce to over 6.28 lakh. St...