RBL Bank profits after total deposits increased by 5 per cent YoY in Q2
RBL Bank’s share price surged 3.78 per cent to Rs 122.15 as the private lender’s total deposits increased 5 per…
06 OCT 2022
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Hong Kong: Credit Suisse loses five additional private bankers
Credit Suisse Group AG is trying to keep its private bank in Hong Kong open, with more resignations coming amid…
06 OCT 2022
Vance, a fintech startup, raises $5.8 million to facilitate cross-border neo banking
Bengaluru-based cross-border neo banking platform Vance has raised $5.8 Mn in a seed round led by Hummingbird Ventures. The round…
04 OCT 2022
Kotak Mahindra Bank raises interest rate of FDs
Kotak Mahindra Bank has raised the interest rate on fixed deposits of less than Rs 2 crore. According to the…
03 OCT 2022
Supreme Court to hear a petition for RTI exemption for public and private banks
Seven years after pushing for transparency in the banking system through the Right To Information (RTI) Act, the Supreme Court…
01 OCT 2022
Banks may increase liquidity by drawing down on CRR: RBI Governor Das
Banks may boost systemic liquidity by drawing down on excess cash reserve ratio and statutory liquidity ratio, said Reserve Bank…
01 OCT 2022
ICICI Bank raises interest rates on bulk FDs
ICICI Bank, one of the largest private banks, changed the interest rates on its bulk fixed deposits. The FDs range…
01 OCT 2022
RBI hikes repo rate by 50 bps: Read what leaders across the segment stated
The Reserve Bank of India raised the repo rate, or prime lending rate, by 50 basis points to 5.90 percent,…
30 SEP 2022
As liquidity tightens, banks raise interest rates on bulk deposits
With the system’s surplus liquidity diminishing and deposit growth behind credit growth by a wide margin, banks have raised interest…
30 SEP 2022
Airtel Payments Bank to launch 1,50,000 micro ATMs this FY
Airtel Payments Bank has announced the launch of Micro ATMs, a move toward more accessible cash withdrawals for debit card…
29 SEP 2022
