PNB Housing Finance was trading 0.89% lower, Indiabulls Housing Finance dipped 2.32%, Dewan Housing Finance rose 2.86%, Mahindra & Mahindra Financial Services fell by 0.74 per cent, Ujjivan Financial Services declined 0.22 per cent and Shriram Transport Finance softened by 0.85% on the BSE.

On October 25, 2018, the stock stood at 11.10 on the BSE. It touched an intra  day high of 19.30 in trade today.

Till now 12 banks are under the purview of PCA framework. 11 are public sector banks (PSB) and one is a private bank. Seven out of 12 banks have shown improvement after coming under the RBI's PCA list.

Madhavan's exit before the set tenure appears to be in line of the RBI's increased scrutiny of CEOs in the private banks and board members.

As many as 23 banks, public and private alike, may face penalties with retrospective effect if they are unable to ensure eight Aadhaar enrolments or updations per branch per day from November

All the 38 listed banks accounted for gross NPAs totalling over Rs 10.17 lakh crore in the quarter ended March.

Earlier this week, reports pointed out that India's private banks have recorded a 450 per cent jump in gross NPAs in the past five years. But according to a recent CARE Ratings report, there has been a significant spurt in NPAs even on a quarterly basis where the fourth quarter results of the last fiscal are concerned. 

RBI showed a lot of spine in nudging Sharma to look for an honourable exit. Even after the Axis Bank board had approved a fourth 3-year term for Sharma starting June 1, the banking regulator wrote back to the board to reconsider its decision.

How a little-known bank lending to local traders in Maharashtra turned into one of India's top 10.

The Unions call for nation-wide strike came in the backdrop of a news that the government was working on a consolidation agenda with a view to creating 3-4 global-sized banks and reduce the number of state-owned lenders to about 12.

Sensex ended the day 76.17 pts higher at new closing peak of 30,658.77 while the Nifty gained 13.50 pts to record a closing of  9,525.75.

Indian benchmark indices opened flat, with a negative bias, tracking muted global cues.

The market rallied after the RBI kept key policy rates unchanged but said it would remain \"accommodative\" as it keeps watch on inflation after it climbed unexpectedly in April.

Strike call given by a section of public sector banks' officers for tomorrow has been called off and all the branches of the lenders will function normally.

In a filing to the BSE, State Bank of India said, \"All India State Bank Officers' Federation being affiliated to All India Bank Officers Confederation, will also participate in the strike.

Strike, if happens, will coincide with the unveiling of Budget for 2016-17 in Parliament.