Banking & Accounting

Mumbai: The Reserve Bank of India has questioned Axis Bank  about the terms of its proposed deal to form an

MUMBAI: Private non-life insurer Bharti AXA General Insurance on Thursday said it has received Rs 800 crore worth crop insurance mandate from Maharashtra and Karnataka governments

Government of Mauritius-promoted SBM Bank India and global payments technology major Mastercard have joined hands to facilitate cross-border payments and remittances services,

The COVID-19 pandemic has caused “demand destruction” in the overseas markets and it is likely to continue for the next few quarters, eminent bankers said on Saturday.

The CBI carried out searches on Thursday at the premises of Punjab Basmati Rice Limited and its directors, booked for allegedly cheating the Canara Bank to the tune of Rs 174.89 crore, officials said.

Indian banks are staring at penalties over missed deadlines on compliance with ATM security and cash management norms introduced by the Reserve Bank of India over the last two years which banks

Yes Bank will next month auction properties of Essel group firm Essel Infraprojects and SKIL Infra to recover dues of Rs 1,368.16 crore.

There are no plans to sell non-core assets, including subsidiaries, in the current financial year, Punjab National Bank managing director S S Mallikarjuna Rao has said.

Personal details of Indiabulls Group employees were leaked on the dark web on Wednesday by ransomware attackers, according to US-based cyber security firm Cyble.

The Union Cabinet approved inclusion of co-operative banks under supervisory powers of the Reserve Bank of India, while announcing a Rs 1,542 crore year-long interest subvention scheme for micro loan borrowers.