Banks general

Jet Airways to fly again

23 Jun 2021

The Kalrock-Jalan consortium is believed to have offered to repay Rs1,183 crore over a period of five years and a 9.5 per cent stake in Jet Airways and 7.5 per cent stake in Jet Privilege to financial creditors against claims of over Rs15,000 crore from various creditors, including Rs5,776 crore by 13 domestic banks and financial institutions led by SBI

Yes Bank board approves Rs10,000-cr debt issue

10 Jun 2021

SBI Q4 FY21 net profit up 80.15% at Rs6,451 cr

25 May 2021

Covid care: RBI opens Rs50,000-cr liquidity tap for banks

06 May 2021

Under the scheme, banks can tap into the window to provide loans of up to 3 years’ tenor to various entities, including vaccine manufactures and suppliers, importers/suppliers of medical devices and Covid-related drugs, hospitals/dispensaries, pathology labs, suppliers of oxygen and ventilators and logistics firms as also patients for treatment

ICICI Bank Q4 net profit rises more than 260% to Rs4,403 crore

26 Apr 2021

India hosts first meeting of BRICS finance ministers and central bank governors

07 Apr 2021

ICICI Bank, SBI, Kotak Mahindra and HDFC slash home loan rates

08 Mar 2021

If demand from corporates remains week in the quarters ahead, lenders might be compelled to under-cut each other in order to grow market share

Govt mulls bank merger before privatisation: report

23 Feb 2021

RBI keeps policy rates unchanged amidst abundant liquidity

08 Feb 2021

With benign inflation, weak aggregate demand and buoyant financial markets, the Monetary Policy Committee of the RBI decided to remain accommodative without easing its policy repo rate

RBI launches RTGS 24x7 facilitating round-the-clock money transfer

23 Dec 2020

RBI imposes penalty on Muthoot Finance, Manappuram Finance

24 Nov 2020

RBI imposes penalty on Muthoot Finance, Manappuram Finance

24 Nov 2020

RBI panel suggests review of ownership norms of private sector banks

24 Nov 2020

Lakshmi Vilas Bank placed under moratorium, to be merged with DBS Bank

20 Nov 2020

TCS to acquire Deutsche Bank’s IT arm Postbank Systems

12 Nov 2020

Centre notifies interest relief scheme for loans of up to Rs2 cr

26 Oct 2020

Govt to waive interest on interest on loans up to Rs2 cr under moratorium

04 Oct 2020

RBI extends hike in banks’ MSF loan facility, WMA limit to states to boost liquidity

01 Oct 2020

Russia’s Yandex to acquire TCS Group’s online bank Tinkoff for $5.48 bn

28 Sep 2020

Yes Bank repays Rs50,000 cr to RBI; ICRA upgrades its bonds

14 Sep 2020

Jane Fraser named first woman CEO of Citigroup

14 Sep 2020

Fraser, currently Citi’s president and CEO of global consumer banking, will succeed Corbat as CEO in February, and she has been elected to the board of directors, with service beginning immediately