Corporate sector borrowing from banks is accelerating past individual loans, driven by companies seeking cost savings as corporate bond yie...

The move follows concerns raised by banks, citing cases where such promoters continue to hold directorships elsewhere. Existing laws do not...

At the end of the day, both private and PSU banks are equally impacted by what goes on in the economy. If they are behaving differently in ...

In a significant development, the CBI apprehended senior IAS officer Pardeep Kumar on his retirement day in connection with a ₹593-crore Ha...

Jammu and Kashmir Crime Branch's Economic Offences Wing has exposed a significant Kisan Credit Card loan scam. A daily wage JK Bank employe...

Kotak Mahindra Bank will acquire Deutsche Bank India's retail banking, private banking and wealth management business, adding a sizeable lo...

A senior IAS officer, Pardeep Kumar, has been arrested by the CBI for his alleged role in embezzling Rs 504 crore from Haryana government a...

Indian banks witnessed a significant surge in credit to industries, with a robust 17.5% annual growth in May. This expansion was driven by ...

Oyo parent Prism, which filed its updated IPO papers, reported a strong profit in the April-December period, courtesy of an unlikely source...

India's future prosperity hinges on robust governance across public and private sectors, emphasized HDFC Bank Chairman Deepak Parekh. He hi...

Indian issuers, including SBI and BoB, have paused dollar bond plans as investors demand higher yields amid rising supply expectations from...

The CBI has highlighted significant delays in obtaining sanctions to probe and prosecute bank officials for corruption and fraud. This hurd...

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...

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

According to the CBI, the two former executives are accused of causing a combined wrongful loss of Rs 7,623 crore to public sector banks. I...

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