RBI likely to keep interest rate unchanged on December 5

The Reserve Bank is likely to maintain status-quo on interest rate in the upcoming monetary policy review on December 5 despite moderation in economic growth and easing inflation, opined experts.

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SBI to sell 3 bad loan accounts to recover Rs 2,111 crore dues

The country's largest lender SBI has put up for sale three of its non-performing loan accounts to recover dues of Rs 2,110.71 crore.

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Bank of Maharashtra appoints AS Rajeev as MD, CEO

State-owned Bank of Maharashtra on Sunday announced that A S Rajeev has joined the lender as its Managing Director & Chief Executive Officer.“AS

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IMPS platform Sarvatra Tech eyes $20 mn PE fund

Sarvatra Technologies, which provides technology solutions for small cooperative banks and handling 30 per cent of the overall IMPS transactions, is

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RBI's relaxation in securitisation guideline may release Rs 60,000 crore

“Just because of RBI’s relaxation, around Rs 60,000 crore portfolio would be extra window for additional securitisation,” said Karthik Srinivasan Icra.

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