The Reserve Bank of India's new FCNR-B scheme offers a one-year lock-in for deposits and mandates non-cancellable swaps for banks. This ini...

RBI's decision to bear the hedging cost on FCNR-B deposits and exempt banks from maintaining the cash reserve ratio and statutory liquidity...

The Reserve Bank of India is introducing a dollar-rupee swap facility for banks. This move aims to help state-run firms and lenders hedge t...

Banks will now encourage more foreign currency deposits. The Reserve Bank of India will cover all hedging costs for these deposits. This mo...

The RBI is widely expected to keep the repo rate unchanged at 5.25% in the June 5 MPC meeting despite concerns over rising fuel prices, a w...

After a decade of downsizing the wholesale business, Karur Vysya now plans to reverse it by raising the corporate loan share to 20% in the ...

Karur Vysya Bank is set for significant growth. The bank plans to expand its balance sheet by entering the credit card business and offerin...

Credit card transactions in India saw a significant jump between 2021 and 2025. Private banks expanded their dominance in this segment. Deb...

State Bank of India achieved a record profit exceeding ₹80,000 crore. Despite investor concerns over net interest income and margin, Chairm...

Punjab & Sind Bank is targeting a significant milestone of Rs 3 lakh crore in total business by the end of the current financial year. This...

Public sector lender Punjab & Sind Bank is eying to mobilise up to Rs 3,000 crore via share sale on a private placement basis in a bid to m...

Trent, a Tata Group firm, announced its maiden bonus issue of one share for every two held, with May 29 set as the record date. This move, ...

Trent has set May 29, 2026, as the record date for its inaugural bonus share issue, offering one bonus share for every two held. This move,...

Indian bank credit growth is set to slow down to under 12 percent this financial year. This moderation is driven by the ongoing West Asia c...

State-owned Bank of India (BoI) on Thursday said it plans to raise Rs 20,000 crore during the current fiscal via bonds to fund infrastructu...

Noting that trading on electronic platforms is being encouraged across the world, it said, it enhances pricing transparency, processing eff...

SLR is expressed as a percentage of the net demand and time liabilities (NDTL) of a bank reduced by a technically computed netting amount.