Harsh Kumar

Rising government bond yields could expose Canara Bank to mark-to-market provisioning risk, with the eventual impact depending on market yields and the relevant measurement date.

The fund mobilization supported the Kolkata-based bank’s liquidity requirements as advances grew 24.7% year-on-year in the September quarter.

Iron ore output grew 18.4% in September, followed by electricity at 11.4%, coal at 10.7%, refinery products at 10.3%, cement at 9.8% and steel at 4.9%. Fertilizers, natural gas and crude oil registered contractions of 11.7%, 4.6% and 1.4%, respectively.

FM Nirmala Sitharaman urged regulators and other stakeholders to expedite refunds of unclaimed financial assets to their rightful owners.

Inaugurating the RBI’s new data centre and cybersecurity training institute in Bhubaneswar, PM Modi said the next decade will focus on making Indian banking more efficient and reliable after expanding access to millions over the past 10 years.

Private lenders trail state-run banks in Mudra disbursements, Vishwakarma loan sanctions and SVANidhi claims processing, raising questions over timely support for small businesses and informal workers.

The capital raise could reduce the government’s shareholding in IO. The bank plans to bolster cybersecurity safeguards by engaging consultants and increasing technology spending

NEW DELHI, Oct. 27 -- Indian Overseas Bank (IOB) plans to start raising Rs.5,000 crore in tranches towards the end of the December quarter or early

New Delhi, Oct. 28 -- India and Mexico have formally launched negotiations for a preferential trade agreement (PTA), signing the terms of reference

The company is maintaining its growth guidance even after a rating upgrade that will help reduce borrowing costs