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Economic Times Markets • Jun 02, 2025

In a challenge to peers, Canara Bank waives minimum balance rule

By removing the average monthly balance requirement, Canara Bank expects reduced fee income but aims to increase customer investments in fixed deposits, potentially offsetting loss...

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Economic Times Markets • Jun 01, 2025

RBI imposes ₹54.78 crore in penalties on 353 banks, other regulated entities during FY25

During the fiscal year 2024-25, Indian financial institutions collectively incurred fines exceeding ₹54 crore due to breaches in regulatory standards covering areas such as cyberse...

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