India's central bank is examining foreign shareholding norms and licensing rules for banks as a part of a broader review, ...

Indian lenders have asked the monetary authority for more leeway on the amount of cash they need to maintain daily as part of reserve requirements, according to people familiar with the matter.

In a move to strengthen the UAE's sovereign payment infrastructure, Bank of Baroda (BoB) UAE has partnered with In-Solutions ...

At Zoholics US, which is being held in Houston this year, Zoho has made a series of announcements. The first is the launch of Zoho Payments in the US.

Iswaran, in an interview, said that India (where Zoho is based) was a good place to start because the Central Bank of India imposes an unusually large amount of financial regulation and reporting ...

This move will make SMBC the largest shareholder in Yes Bank and marks a major foreign investment in India’s banking sector. State Bank of India (SBI) and seven other lenders, which had collectively ...

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 ...

Operating profit for FY25 grew by 17 per cent YoY to ₹16,412 crore. Bank of India's net interest income (NII) for FY25 increased by 6 per cent YoY, while domestic NIM for FY25 stood at 3.10 per ...

Sudipto Mundle, who served as the Asian Development Bank’s chief economist in New Delhi, said that “it would be surprising if India did not take a stance” against loans to Pakistan.

Union Bank of India decided to buy 200,000 copies of the book India@100 by former chief economic adviser Krishnamurthy Subramanian and the former executive director of India to the International ...

The Reserve Bank of India (RBI) has imposed a fine of lakhs of rupees on four major banks of the country due to lapses in regulatory compliance. In official statements issued on Friday, the central ...

MUMBAI, May 3 (Reuters) - State Bank of India (SBI.NS), opens new tab, the country's biggest lender by assets, aims for loan growth of 12%-13% in 2025-26, almost flat from the previous year to ...