The loan account was declared a non-performing asset in March 2017. After the default, Sweden’s Ericsson took the telco to ...

Indian gold loan provider Muthoot Finance reported a 26% rise in its second-quarter profit on Thursday, boosted by strong ...

Overdue loans, classified as SMA-2 (Special Mention Accounts) increased for at least eight banks, even as asset quality of ...

State-run Canara Bank may not reapply for a credit card subsidiary after the Reserve Bank of India (RBI) turned down its proposal, said Managing Director and Chief Executive Officer K Satyanarayana ...

Special fixed deposit (FD) schemes are guaranteed return schemes like any other FD, but they are for a specific period and ...

During the second half of the current fiscal year, state-owned Canara Bank hopes to recover over Rs 6,000 crore from ...

Large banks experience NIM decline in Q2 due to lower yields, higher deposit costs, and RBI penal charges circular.

Canara Bank's gold loan portfolio grew between 25% and 31%, positioning it as a significant asset within the bank’s overall mix. However, as the portfolio crossed ₹1.5 lakh crore, the bank chose to ...

HDFC Bank has announced that its Unified Payment Interface (UPI) service will not be available for two days in November due ...

Public sector lender Canara Bank has moderated the gold loan growth to 15-17 per cent from earlier pace of 25-30 per cent in the backdrop of regulatory concerns and to balance the portfolio. It has ...