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 ...

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 ...

Sa-Dhan has signed a Memorandum of Understanding (MoU) with Bank of India (BoI) to expand financial access for small, micro, and women-led enterprises. The two entities will collaborate to achieve ...

The Reserve Bank of India significantly reduced its gold repatriation in the second half of fiscal year 2025, bringing home only 1.53 tonnes compared to 102.15 tonnes in the previous six months.

The Reserve Bank of India (RBI) has been aggressively buying gold for the last few years. Analysis of World Gold Council data shows that the percentage of gold in India’s total foreign exchange ...

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 ...

Currently, State Bank of India (SBI) and other lenders hold 33% in Yes Bank. Also Read | Sumitomo gets RBI nod to pick 51% in Yes Bank “RBI has given SMBC the go-ahead for acquiring a majority ...

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 ...

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 ...

Sumitomo Mitsui Banking Corporation (SMBC) will acquire a 20% stake in Yes Bank for Rs 13,482 crore at a price of Rs 21.50 per share from multiple banks. As per the share purchase agreement ...

Shares of State Bank of India (SBI), India's largest PSU bank, are under pressure today, i.e. on May 5, 2025. The dip comes after the bank announced its quarter results and reported a 10 per cent ...

Bank Holiday 2025: The Reserve Bank of India (RBI) has listed six bank holidays for this month according to its state-wise official calendar. Bank holiday 2025: Banks in most parts of India will ...