Business Standard
Rating agency Icra on Wednesday revised upward its bank credit growth projection at 14.9-15.3 per cent this fiscal, but said the same will lose steam
1706087956 Economy - 10 months ago
The deficit widened to Rs 3.34 trillion ($40.18 billion) as on Jan. 23, nearly tripling from the start of the month, data from the Reserve Bank of Ind
1706085861 Economy - 10 months ago
SBI Ecowrap estimates that the state government earn an additional tax revenue of Rs 20,000-25,000 crore due to a huge spurt in several tourists durin
1706081782 Economy - 10 months ago
The rupee opened on a flat note and appreciated 1 paisa to 83.14 against the US dollar in the morning session on Wednesday, amid a muted trend in dome
1706074714 Economy - 10 months ago
Brokerage ICICI Securities' preference is reasonably valued cyclical stocks over expensive defensives with growth concerns.
1706067541 Economy - 10 months ago
Over 41 per cent or 225,835 - of all permits were handed over to Indians in the year 2022. Additionally, around 300,000 Indian students went to Canada
1706064057 Economy - 10 months ago
L&T Finance Holdings on Tuesday reported a 41 per cent jump in net profit to Rs 640 crore for the December quarter, driven by retail loan sales. The
1706032476 Economy - 10 months ago
Finance Minister Nirmala Sitharaman is expected to present the interim Budget on February 1. This is going to be her sixth Budget
1706030251 Economy - 10 months ago
The Allahabad High Court has observed that the Reserve Bank of India has been a "mute spectator" while banks are imposing arbitrarily high interest ra
1706028343 Economy - 10 months ago
The Competition Commission of India (CCI) has approved the merger of Fincare Small Finance Bank with AU Small Finance Bank, as per an exchange filing
1706026442 Economy - 10 months ago
Private sector lender Karnataka Bank on Tuesday reported a 10 per cent rise in net profit to Rs 331 crore for the third quarter ended December 2023.
1706020050 Economy - 10 months ago
The central bank in its draft framework had said that the industry needs to answer the question of how an SRO-FT would create incentives for membershi
1706017535 Economy - 10 months ago
Affordable housing finance company SMFG Grihashakti on Tuesday said it has secured Rs 300 crore funding from the National Housing Bank (NHB). This is
1706013347 Economy - 10 months ago
Gold loan company Indel Money, which aims at initial public offering (IPO) in 2026-27, on Tuesday announced public issue of debentures worth Rs 200 cr
1706010751 Economy - 10 months ago
India was viewed favourably by major global corporations attending the recently concluded World Economic Forum (WEF) meet at Davos (Switzerland), a to
1706008363 Economy - 10 months ago
The cohort are betting on inclusion in global bond indexes to drive returns after the central bank doused speculation of an interest-rate cut
1705994859 Economy - 10 months ago
The rupee depreciated 6 paise to 83.13 against the US dollar in the morning session, amid elevated crude oil prices and dollar demand from importers.
1705986453 Economy - 10 months ago
This decline was primarily due to a fall in global inflows and an increase in the repatriation of equity capital
1705984438 Economy - 10 months ago
Ratings agency S&P said that the bank's better customer profile and underwriting compared to many Indian banking peers should also limit losses
1705983991 Economy - 10 months ago
Generally, high-end credit cards from Amex and HDFC come with travel Insurance inbuilt where they have partnered with the insurers and cover the same
1705983840 Economy - 10 months ago