banking news

IIHL is likely to be listed by 2024 IndusInd International Holdings Limited (IIHL), the promoter of IndusInd Bank, is set to expand its business horizon in India and other nations, in the Banking Finance Services and Insurance (BSFI)…

Overall performance parameters were better than the previous year with robust growth across businesses, says DBS Bank India MD and CEO Surojit Shome. DBS Bank India Ltd, reported net profit for the year ended March rose 37% year-on-year…

Banks are going slow in marking delinquent accounts as fraud, as they await clarity from the Supreme Court (SC) on disclosure norms, senior officials said. This comes after the country’s biggest lender, State Bank of India (SBI), moved the…

Piyush Goyal said today several countries are realising that in trade, there is a need for change in currency for that and it involves a conversion cost, which in turn increases transactions costs. | Photo Credit: PTI International trade…

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The Bank of England sent a stark warning that Britain risks a double-whammy of a recession and inflation above 10 per cent as it raised interest rates on Thursday to…

Bank of Baroda’s marginal cost of funds-based lending rates on overnight, one-month, three-month and six month period have been hiked by 0.05% each to 6.50%, 6.95%, 7.10% and 7.20% respectively Bank of Baroda’s marginal cost of…

He said the bank will stick to all the targets spelled out at the earning call in September, but conceded that microfinance lending is an area which requires more attention. RBL Bank’s interim chief executive and managing director Rajeev…