Economic Times
Chandra Shekhar Ghosh, MD and CEO of Bandhan Bank since 2015, will retire on July 9, 2024, after three consecutive terms. The bank's loans have reache
IndusInd Bank's advances grew by 18% to Rs 3,42,857 crore with a 14% increase in deposits. Meanwhile, Suryoday Small Finance Bank reported a 41% rise
The National Company Law Appellate Tribunal (NCLAT) has directed the National Highways Authority of India (NHAI) not to terminate the concession agree
Ramit Goyal named FGII's chief distribution officer from April 1, succeeding Raghavendra Rao. With 25 years of sales experience, Goyal excels in chang
HDFC Bank witnessed robust deposit growth of 7.5% in Q4 FY24, amounting to Rs 1.6 lakh crore. However, the share of low-cost deposits decreased to 38%
In FY24, Mumbai's securitisation volume growth slowed to 4% at Rs 1.88 lakh crore due to the HDFC twins merger. Icra predicts FY25 volume to exceed Rs
The bank's gross advances stood at Rs 73999 crore at the end of March. The bank also said that it has achieved the highest ever monthly disbursement i
Federal Bank, a private sector bank, reported a 20% year-on-year growth in gross advances, reaching Rs 2.13 lakh crore by March 31, 2024, compared to
Fund plans to annually deploy at least $2 billion for next 5 years. But Gray feels taking companies private in India is a big challenge, as is dispute
Canara Bank introduces Canara Heal loan for hospital expenses, Canara Angel savings account, and various other products like Canara ReadyCash. It also
Twid, a rewards-based payment network, has appointed Monica Jasuja as its new chief growth and partnership officer. With 23 years of experience in con
Blackstone Group plans to invest USD 2 billion annually in India, aiming to improve the ease of doing business for firms like it. The New York-based g
The proposal to offer employee stock ownership plans or ESOPs, has been on the backburner for a while but it may advance after the Lok Sabha polls, sa
Bain Capital is other key contender; binding bids submitted last week. Shriram Housing offers an opportunity for a PE player to benefit from the sharp
Indian lenders adapt to JIT tool with SNA 'SPARSH' for timely fund releases, impacting liquidity in state schemes. RBI utilizes e-Kuber for payments,
In his new role, Bapat will be responsible for identifying key trends and eventual steady-state outcome for current and potential portfolio companies.
The State Bank of India (SBI) has refused to disclose its standard operating procedure for electoral bonds, citing commercial confidence exemption. Tr
Nirmala Sitharaman lauded India's digital infrastructure, highlighting 43.3 crore monthly transactions. She discussed the seller, buyer, and payment s
"Given the rapid changes taking place in today's world, especially in the areas of technology, innovation, business practices and growing complexities
India's microfinance sector is highly concentrated, with the top 10 states representing 85% of the market, leaving many districts and villages with li
