J&K Bank Raises Rs 1000 Crore Capital As Tier-II Bonds
Srinagar- Jammu and Kashmir Bank on Saturday said it has raised Rs 1,021 crore as Tier-II bonds from the market as part of its...
Banks Write Off Loans Worth Rs 11.17 Lakh Crore In Last 6 Years
New Delhi- Banks have written off Rs 11.17 lakh crore bad loans from their books in the last six years till financial year 2021-22,...
Banks Wrote Off NPAs Over 10 Lakh Crore In Last Five Financial Years: FM
New Delhi- Banks have written off bad loans worth Rs 10,09,511 crore during the last five financial years, finance minister Nirmala Sitharaman informed Parliament on...
Banks Follow RBI’s Signal; Hike Lending Rates
New Delhi- Hours after RBI's move to increase repo rate by 35 basis points, a number of lenders, including Bank of India and HDFC...
EMIs To Rise As RBI Hikes Interest Rate Again Albeit At A Slower Pace
Mumbai- The RBI on Wednesday expectedly slowed the pace of increase in borrowing costs in signs that rates may be nearing the peak, even...
Banks Should Not Ask For Verification At Branch Level If Customer Does e-KYC: RBI
Mumbai- The Reserve Bank on Wednesday said banks should not ask for verifications/updates at the branch level in case a customer has done e-KYC...
RBI Hikes Lending Rate By 35 Bps To 6.25%; Home, Auto Loans To Be...
Mumbai- The Reserve Bank on Wednesday expectedly raised the benchmark lending rate by 35 basis points (bps) - the fifth increase since May -...
RBI Likely To Moderate Interest Hike: Experts
New Delhi- After three back-to-back 50 basis points hike in interest rates, the Reserve Bank may opt for a lower rate increase of 25-35...
Bank Credit Grows At 17.2% In Sep Quarter: RBI Data
Mumbai- Bank credit growth improved to 17.2 per cent in the September quarter 2022 from 7 per cent in the year-ago period, reflecting pick-up...
CS Complements RBI’s Efforts For Ensuring A Strong Financial Ecosystem In J&K
Mehta inaugurates Diamond Jubilee celebrations of RBI Jammu
JAMMU- Chief Secretary, Dr Arun Kumar Mehta Monday inaugurated the celebrations of Diamond Jubilee function of Reserve...