Economic Times
Indian banks need new strategies to attract depositors despite the current level of low-cost deposits being comfortable. Financial services secretary
India's GST structure is set to move towards three tax rate slabs, according to CBIC chairman Sanjay Kumar Agarwal. The GST Council will finalize the
Indian corporates found raising funds through offshore syndicated loans more affordable in 2024 due to increased global investor interest. The volume
Private life insurers in India have strategized to adhere to new IRDAI regulations requiring surrender value from the first year on non-participating
The merger will make HLF an NBFC, said KM Balaji, chief financial officer, Ashok Leyland. The current book value of HLF is Rs 3,200 crore-based on Ash
The RBI has proposed that banks assign an additional 5% run-off factor for retail deposits enabled with internet and mobile banking facilities (IMB).
NPS Chawla, co-founder of law firm Aekom Legal, in an interaction with ET highlighted the Insolvency & Bankruptcy Code (IBC) 2016’s progress, addr
Under the revamped scheme, NBFCs, microfinance institutions and small finance banks will be eligible to provide loans credit guarantee scheme while co
LCR is a liquidity requirement for banks to maintain at all times a certain proportion of high-quality liquid assets (HQLA), including cash, reserves
LCR is a liquidity requirement for banks to maintain at all times a certain proportion of high-quality liquid assets (HQLA), including cash, reserves
In a post-budget interview to ET, Pandey said the government will follow a "calibrated disinvestment strategy" without any specific "big-bang target"
In her budget speech on Tuesday, finance minister Nirmala Sitharaman proposed to hike the short-term capital gains tax on all listed equity instrument
Axis Bank witnessed a sequential decline in asset quality metrics for the June quarter due to seasonal effects on agriculture business. Gross non-perf
A bench comprising Chief Justice D Y Chandrachud and Justices JB Pardiwala and Manoj Misra stayed the high court order and issued notices to Aum Capit
RBI cancelled the licence of The Mahabhairab Cooperative Urban Bank due to poor financial health, effective July 24, 2024. The bank can't continue ope
IIHL made the highest cash offer of Rs 9,661-crore in the auctions and secured as much as 99 per cent of the lender's votes. The bid also included the
Fintech firm One 97 Communications, Paytm's parent company, has teamed up with Axis Bank to provide point of sales solutions and card payment machines
Indian banks are increasingly resorting to short-term borrowing, utilizing certificates of deposit, to bridge a funding gap driven by strong loan grow
Indian lenders such as HDFC Bank, Kotak Mahindra Bank, RBL Bank, and Union Bank of India are experiencing a decline in asset quality, with increases i
The outage, caused by a cyber incident involving CrowdStrike, is expected to have had a limited impact on insurance claims due to existing policy cons
