RBI Slows Pace Of Interest Rate Hikes But Hints At More To Come
Mumbai- The Reserve Bank of India slowed the pace of interest-rate increases for the second straight time when it on Wednesday expectedly increased borrowing...
Banks’ Exposure To Adani Group ‘Insufficient’, Face Limited Risk: Fitch
New Delhi- Indian banks' exposure to Adani group is "insufficient in itself" to pose a substantial risk to their credit profiles, Fitch Ratings said on...
Our Loans To Adani Group Are Secure: J&K Bank
Srinagar- Jammu and Kashmir Bank, which has an exposure of nearly Rs 250 crore in the Adani Group, on Friday said the bank investors...
RBI Seeks Details Of Banks’ Exposure To Adani Group
Mumbai- The Reserve Bank of India (RBI) has sought details about lenders' exposures to the Adani Group, banking sources said, a day after the...
Jammu and Kashmir Bank Q3 Net Profit Rises 79% To Rs 311.59 Crore
Srinagar- Jammu and Kashmir Bank on Monday said its December quarter net profit rose 79 per cent to Rs 311.59 crore.
The net profit rose...
Govt May Not Announce Capital Infusion For PSU Banks In Budget 2022-23
New Delhi- The government is unlikely to announce capital infusion for public sector banks (PSBs) in the upcoming Budget, as their financial health has...
RBI Tweaks Norms Related To Acquisition For Banks
Mumbai- The Reserve Bank of India on Monday tweaked norms related to acquisition and holding of shares in banks to ensure that their ultimate...
Banks Raise Record Rs 91,500 Crore In Debt Capital In FY23 So Far: Report
New Delhi- Amid tight liquidity condition, banks have issued a record quantum of bonds, with gross issuances hitting an all-time high of Rs 91,500...
Customers Need Not Visit Bank To Update KYC, Says RBI
NEW DELHI- Bank account holders are no longer required to visit their bank branches to update 'know your customer' (KYC) details provided they have...
Issues Related To Cards, Mobile, Net Banking Top Complaint Areas At Banking Ombudsman: RBI
Mumbai- Issues related to ATM/debit cards and mobile/electronic banking were the top grounds of complaints received at the Office of Banking Ombudsman (OBO) during...