Active Stocks

Mon Mar 03 2025 15:59:41

Tata Steel share price
138.50 0.95%

ICICI Bank share price
1,206.10 0.25%

Tata Motors share price
621.10 0.09%

Wipro share price
283.60 2.14%

Infosys share price
1,708.10 1.19%

Business News/Industry/ Banking

Banking News

Bank holiday today: Are banks closed or open today?

Bank holiday today: Are banks open on Saturday, March 1? Know here

1 min read . 01 Mar 2025

The central bank auctioned three-year dollar/rupee buy/sell swaps worth $10 billion.

RBI’s FX swap auction sees strong demand as system liquidity deficit persists

3 min read . 28 Feb 2025

RBI injected $10 billion through a foreign-exchange swap auction to manage one of the worst liquidity deficits in the financial system. IN PICTURE: RBI seal is pictured on a gate outside the RBI headquarters in Mumbai; REUTERS/Danish Siddiqui

RBI injects $10 billion via currency swap to ease liquidity deficit

2 min read . 28 Feb 2025

Citigroup has reportedly made 10 near misses of $1 billion or more in the last one-year period. (Getty Images via AFP)

Citigroup accidentally credits $81 tn instead of $280 in customer's account

2 min read . 28 Feb 2025

Public sector banks accounted for 53.5% of all loans as on 31 December, up from 53.2% from 30 September. (Mint)

State-owned banks outpace private peers in loans, claw back market share

4 min read . 28 Feb 2025

Standard Chartered Plc is chosen for real-time settlement of all dollar-denominated trades in the country’s only global financial center at Gujarat International Finance Tec-City, or GIFT City; Image: REUTERS

Standard Chartered chosen as India's dollar settlement bank: How this helps you?

1 min read . 27 Feb 2025

On Tuesday, the central bank reversed the increase in risk weight—or the capital that banks must set aside for every loan to cover for potential loss—on loans to NBFC (Bloomberg)

Lower capital requirements for bank loans to NBFCs to ease funding woes

5 min read . 27 Feb 2025

Bank holiday on Mahashivratri: Will banks be closed today?

Bank holiday today: Are banks closed on February 26, due to Mahashivratri?

2 min read . 26 Feb 2025

The ordinance looks to penalize only unregulated MFIs and lenders for their coercive loan recovery practices. (Mint)

Karnataka ordinance does exactly what microlenders feared

4 min read . 26 Feb 2025

RBI eased the risk weights for some microfinance loans by removing them from the classification of higher-risk weight-carrying loans. (Bloomberg)

RBI tags loans to shadow banks, microfinanciers less risky

4 min read . 25 Feb 2025

Finance Minister Nirmala Sitharaman and her team with the Budget tablet at the FinMin before heading to the Parliament to present the Union Budget 2025-26 on Saturday, February 1, 2025. (ANI)

FinMin's first review meeting with PSB heads post-Union Budget deferred to Mar 5

1 min read . 25 Feb 2025

Bank holiday tomorrow: According to the RBI's bank holiday calendar, PSBs and private banks will be closed for services in several states on Wednesday, February 26, 2025, on account of Mahashivratri.

Bank holiday tomorrow: Are banks open or closed on February 26?

2 min read . 25 Feb 2025

The e-rupee is a digital representation of sovereign currency issued by the RBI. (PTI)

Mint Explainer | Fintechs launch CBDC wallets: Is RBI’s e-rupee set to take off?

5 min read . 25 Feb 2025

RBI has revised the definition of small-value loans as loans of less than ₹25 lakh or 0.4% of the bank’s Tier-I capital, whichever is higher, subject to a ceiling of ₹3 crore per borrower.

RBI revises some lending norms for UCBs

3 min read . 24 Feb 2025

RBI allows depositors of New India Cooperative Bank to withdraw money.

New India Co-operative Bank depositors will be able to withdraw up to ₹25,000

2 min read . 24 Feb 2025

Despite RBI’s moves, liquidity has stayed in deficit since mid-December. (Bloomberg)

Banks seek more measures to support lending rate cuts

4 min read . 24 Feb 2025

Bank holiday today: Are banks closed today, Saturday, February 22? Know here

Bank holiday today: Are banks closed today Saturday, February 22? Find here

1 min read . 22 Feb 2025

New India Co-operative Bank: Hundreds of customers and account holders gathered outside a branch after the RBI imposed restrictions on loan issuance and withdrawals. (PTI)

New India Co-operative Bank: How a former GM was involved in ₹122-crore fraud

2 min read . 21 Feb 2025

Bank of India reported a fraud of ₹226.84 crore by Odisha-based Gupta Power Infrastructure to the RBI (HT_PRINT)

After PNB, THIS state-owned lender reports ₹227-crore loan fraud by same NPA

1 min read . 21 Feb 2025

Reserve Bank of India (RBI) Governor Sanjay Malhotra along with Deputy Governors M. Rajeshwar Rao, Swaminathan Janakiraman and T. Rabi Sankar arrives for a press conference on Monetary Policy Statement, at RBI headquarters in Mumbai on Friday, 7 February 2025. (PTI)

Policy easing doesn't spark outflows, hurt rupee: MPC

4 min read . 21 Feb 2025

Banking Stocks

₹1,015.85-0.88%

₹1,731.1-1.72%

₹1,203.10.25%

Punjab National Bank

₹87.35-0.09%

State Bank Of India

₹688.251%