Banking Sector

Union Cabinet approves enhancement of capital requirement of SBI

New Delhi, Nov 30: The Union Cabinet today gave its approval for enhancing the capital of State Bank of India (SBI) by subscribing to bank's rights issue of equity shares against marketable SLR (st

Indian Bank Intraday

Indian Bank gained 10% in the trading session on Friday. The stock closed at 166.85 on National Stock Exchange.

ICICI Bank to start operations in New York; Indian Currency looking strong

KV Kamath ICICI Bank

United Bank H1 Net Up 43.40%; Plans Expansion

ubi_logoUnited Bank of India (UBI) has recorded 43.40% growth in the net profit for first six months

Court Fines Bank, Rs 55 Lakhs For Hiring Goons!

hired_goonsNew Delhi: A consumer court has fined Rs 55 lakh on ICICI Bank for violating its

Banks Revise Interest Rates On Domestic Term Deposits

Mumbai: A few banking institutions have now started slashing depository rates in order to relieve stress on their margins.