CPI inflation increased to 6.30 per cent on yearly basis in May '21 as compared to 4.23 per cent in Apr'21. This 200 bps increase on yearly terms and 100 bps increase in monthly terms is \"a matter of concern\", said SBI

\"The bank is working on an operating model for remote working options for certain roles and hybird employment formats which will offer greater flexibility to employees,\" Bank of Baroda said

Analysts do not expect RBI to tweak the lending rates immediately to manage inflation though the rate exceeds the inflation target range set by the Reserve Bank of India (RBI)

In April this year, the Pune-based lender had received board approval to raise Rs 5,000 crore by way of QIP/rights issue/ preferential issue or by issuing Basel III bonds

Total consolidated income during January-March 2021 jumped to Rs 4,480.95 crore as against Rs 1,965.87 crore in the year-ago period, Edelweiss said in a regulatory filing

For the full year 2020-21, net profit dropped 16 per cent to Rs 4,420 crore as against Rs 5,264 crore in 2019-20. Total income during the year, however, rose 1 per cent to Rs 26,683 crore as against Rs 26,385 crore

From disrupters to partners, the Fintech-bank relationship has come a long way. What is the next level of this partnership?

Anywhere Tech is BT's special annual compilation to showcase tech-novation across the country. Take the case of the financial services industry where the big Q has long been whether banks of the future will be traditional banks as we know them or will technology finance firms such as Google, Facebook or Amazon dominate tomorrow's banking industry

The next bi-monthly monetary policy review is scheduled to be announced on June 4, following the meeting of the Monetary Policy Committee (MPC) beginning Wednesday

While public sector banks, saddled with asset quality issues and merger integration process, continue to lose market share in corporate banking, private sector banks continue to grow their loan book

The National Bank for Financing Infrastructure and Development promises to address the capital needs of the cash-starved infrastructure sector, but execution remains key

SBI share price: SBI shares were trading 1.99% higher at Rs 392.20 on BSE at 12.18 pm on Friday. The stock opened 1.5 per cent higher at Rs 390.45 against the previous close of Rs 384.55

The extent of respective shareholding to be divested by the Government of India (GoI) and LIC shall be decided at the time of structuring of transaction in consultation with RBI

Net profit in the March ended quarter stood at Rs 512 crore, up 278 per cent on a year-on-year basis and 35 per cent on a sequential basis

Das advised the NBFCs and MFIs to pay focussed attention to strict adherence to fair practices code, improve customer grievance redress mechanism and strengthen their IT systems

Speaking for the first time about the journey since the RBI and the government moved in to bailout the lender seeing an exodus of deposits with a Rs 10,000-crore rescue act led by SBI, Kumar acknowledged that the thread was very slender and the timing was very apt

Unsecured personal loans, credit cards, business banking, and MSME loans are emerging as new breeding ground for banks NPAs. How serious is the problem?

FIDC (Finance Industry Development Council), a representative body cum self-regulatory organisation for NBFCs, has written to the central bank seeking fresh relief measures

Indiabulls Housing Finance share touched an intraday high of Rs 185.6, rising 12.42% against previous close of Rs 165.10

The company has also raised some rupee term loans from banks. With interest rates at rock bottom, the company has a good opportunity to mobilise 3-5 year money