Public sector banks (PSBs) have proposed the Finance Ministry their plan to raise Rs 54,800 crore through Additional Tier-1 (AT-1) and Tier-2 bonds in the current financial year (FY25), 37 per cent......
Commercial banks in India reported a sixth consecutive year of rise in their net profits in 2023-24 while bad loans continued to fall, according to the Reserve Bank of India’s (RBI’s)......
State Bank of India (SBI), India’s largest lender, is looking to raise Rs 10,000 crore through 15-year infrastructure bonds as early as next week, said multiple sources aware of the......
State Bank of India (SBI) on Saturday reported an almost flat standalone net profit at Rs 17,035 crore for the first quarter of the current financial year. Photograph: Sudipta Banerjee/ANI Photo......
Thursday's announcement of deferral of Basel III norms till March 2019 by the Reserve Bank of India would ease pressure on the banks, ratings agency India Ratings (formerly Fitch) said. The ratings......