Public-sector banks, including Canara Bank and Bank of India, are tapping the infrastructure bond market. Illustration: Uttam Ghosh/Rediff.com Canara Bank on Tuesday raised Rs 10,000 crore at a......
For over a decade, HDFC Bank consistently outperformed industry growth rates in both deposits and advances, maintaining impeccable asset quality. IMAGE: Sashidhar Jagdishan, managing director and......
RBI's exercise will take into account standards of governance, the viability of the payment bank (PB) business model, and changes, if any, if needed. Illustration: Uttam Ghosh/Rediff.com The......
The Reserve Bank on Friday superseded the board of the Mumbai-based Abhyudaya Cooperative Bank on concerns emanating from "poor governance" and appointed an administrator to manage the affairs of......
The flow of money into Non-Resident Indians (NRIs) deposits witnessed a substantial increase, touching $2.14 billion in the first quarter of this financial year (Q1FY24), compared with $349 million......