Economic Times
HDFC Bank saw a 25% rise in PSL shortfall, largely due to small farmers necessitating RIDF bonds. Suresh Ganapathy aims for a pre-merger credit-deposi
NBFCs, driven by personal loan and agriculture growth, faced RBI risk weight changes. SCBs saw 19.3% growth, with the HDFC merger aiding. Bank credit
Several Indian banks, including IndusInd Bank, are planning to raise significant funds through equity and debt routes to strengthen their balance shee
CFM acquired GMR Rajahmundry Energy's debt from Edelweiss ARC on June 30. Edelweiss bought ₹458 crore debt from IDFC Bank in 2018. Unmet return expe
RBI has set up a review committee to revise the fee structure for white-label ATMs (WLAs) to propose a fair and sustainable model. The committee, led
HDFC Bank's successful merger with HDFC Limited has brought significant benefits, as discussed by Atanu Chakraborty in a shareholder address. Within a
HDFC Bank MD Sashidhar Jagdishan stated advances will grow slower post-HDFC merger to lower the 110% credit-deposit ratio. The bank plans 900 new semi
Tata AIG General Insurance has partnered with Mahindra Finance to distribute non-life insurance products across Mahindra Finance's extensive customer
Since its inception in 2016, India's Insolvency and Bankruptcy Code has shifted from debtor to creditor control, yielding positive outcomes. Anticipat
The Reserve Bank of India has reportedly given its 'fit and proper' approval on bidders for IDBI Bank ahead of the Union Budget 2024, except one forei
Arka Fincap, part of the Kirloskar Group, announced a partnership with Central Bank of India to offer MSME loans. Under this co-lending arrangement, A
Favourable demographic dividend, rising income levels, acute housing shortage and the government’s push for affordable housing via several schemes s
HSBC Holdings Plc announced the appointment of Georges Elhedery as the group chief executive, effective September 2. The appointment marks its third C
Kotak Mahindra Bank is shifting focus to physical branch expansion following ban on digital onboarding, unveiling new distribution structure to integr
Indian banks are increasing deposit rates, with offerings ranging from 6.90% to 7.30% for various durations. This comes after the RBI's directive to n
Moody's Ratings affirmed HDFC Bank Limited's Baa3 long-term deposit ratings and baa3 Baseline Credit Assessment, maintaining a stable outlook due to I
According to Redseer Strategy Consultants, digital lending is projected to account for 5% of all retail loans by FY28, up from 1.8% in FY22 and approx
The Singapore state investor has deployed nearly $37 billion in India over the past two decades. That figure is set to rise sharply, with the company
Kotak Mahindra Bank unveiled a new Distribution structure to integrate its physical branches, digital platforms, and voice channels, enhancing custome
Paytm SEBI warning: One 97 Communications, Paytm's parent, received a SEBI warning for unapproved FY 2021-22 related party transactions with Paytm Pay
