Asian Development Bank Chief Pledges $10 Billion For India's Urban Infrastructure The ADB president also extended support to the Modi government's Viksit Bharat pledge and wrote on X, "The Viksit ...

Sumitomo Group may merge India NBFC with Yes Bank after 20% stake acquisition: Report Sumitomo Mitsui Financial Group (SMFG) is likely to merge its Indian non-bank arm SMFG India Credit with YES Bank.

Tokyo-based Sumitomo Mitsui Banking Corp. (SMBC) has agreed to buy a 20% stake in India’s Yes Bank for 135 billion rupees ($1.6 billion) as the Japanese lender deepens its presence in the world ...

Bank of England Can Get Ahead of the Curve With Half-Point Cut UK policymakers should acknowledge that slow and steady easing isn’t sufficient to keep the economy afloat. May 7, 2025 at 12:00 AM EDT ...

State Bank of India , the country's biggest lender by assets, aims for loan growth of 12%-13% in 2025-26, almost flat from the previous year to take account of the impact of global tariffs, its ...

SBI and Bank of India cut fixed deposit rates after RBI lowers repo rate by 25 bps to 6%. Amid surplus liquidity, more banks join in easing FD rates. SBI now offers 6.7%-6.9% on select tenures ...

India's central bank has cut interest rates by 0.25% amid a spate of downgrades to growth following Donald Trump's tariff announcements. The Reserve Bank of India (RBI) reduced repo rates from 6. ...

Mumbai: Bank of India (BOI) has expanded its network with 111 new branches across the country. The virtual inauguration was led by managing director and chief executive officer Rajneesh Karnatak ...

In fact, Bank of America’s equity and quant strategist, Savita Subramanian, is making a strong case for sticking with value plays right now. “Buy cheap stocks,” she advises. “The ‘Recov ...

The Mumbai police on Saturday (February 15, 2025) arrested Hitesh Mehta, General Manager and Head of Accounts of the New India Cooperative Bank, for allegedly misappropriating ₹122 crore from ...

The Reserve Bank's Directions to New India Co-operative Bank, Mumbai came into force from the close of business on Thursday and would remain in force for a period of six months and are subject to ...

The Reserve Bank of India (RBI) reduced its repo rate from 6.5% to 6.25%, in line with the expectations of many economists. The repo rate is the level at which the central bank lends to commercial ...