MUMBAI, Aug 25: RBI Governor Sanjay Malhotra on Monday asked banks and corporates to come together and drive the animal spirits to create an investment cycle, as the country navigates a choppy global economic environment. In his inaugural address at the annual banking conference FIBAC 2025, the Governor said RBI is examining measures to expand bank credit including the sunrise sectors. I would like to emphasise that we might seem to be on opposite sides, with the regulated entities [] The post

NEW DELHI, Aug 24: In a bid to enhance other income, Punjab National Bank (PNB) plans to give a fresh push to its credit card operations from November onwards as it expects its revamped IT infrastructure to be in place by that time. PNB credit card is not visible in the market, although the features are at par with any other card in the market. Therefore, we have strengthened the credit card division and put a general manager in-charge for [] The post Credit card biz to get a fresh push from Nov

KOLKATA, Aug 11:A civil society organisation advocating banking stakeholders interests has written to the Finance Ministry, requesting its intervention into ICICI Banks decision to raise the minimum average balance (MAB) requirement for new savings accounts, and said such a move is detrimental to the governments vision of inclusive banking and growth. In a letter to the finance secretary, Bank Bachao Desh Bachao Manch termed the private lenders decision as unjust and regressive. The bank has rai