Page 40 of banking sector

Technology helping prevent bad loans, collecting repayments of consumer credit for banks, non-bank lenders

India’s consumer credit culture is rapidly changing. Digital lending, worth $270 billion last year, will zoom to $1.3 trillion by…

March 28, 2023 14:29 IST

tax incentive, debt mutual funds, mutual fund, tax returns, bank deposit, credit growth, annual credit growth, deposit collections, investments , lendertax incentive, debt mutual funds, mutual fund, tax returns, bank deposit, credit growth, annual credit growth, deposit collections, investments , lender

Banks to gain $36 billion in deposits as govt scraps tax incentives for debt mutual funds

Rising loan demand from companies and consumers has buoyed annual credit growth to 15.7% as of March, compared to a…

March 27, 2023 16:04 IST

IDFC First Bank, Q1FY24, quarter results, profit, revenue, deposits, loan, asset quality, NII, banking sector

IDFC First Bank partners Crunchfish to demonstrate offline retail payments

IDFC First Bank, is set to be a part of RBI’s pilot project to enable offline payments, the private sector…

Updated: March 27, 2023 14:59 IST

ANZ, Silicon Valley Bank, Credit Suisse, fallout, banking turmoil, financial crisis, Great Depression, Global regulators, Shayne Elliott

Ongoing banking turmoil has potential to trigger financial crisis, says ANZ CEO

“It’s a crisis for some obviously, but is it a financial crisis, who knows? Does it have the potential to…

March 27, 2023 11:03 IST

Silicon Valley Bank, First Citizens, acquisition, collapse, bank turmoil, banking sector, US lender, capital, loss, investors

First Citizens nears deal to acquire Silicon Valley Bank, sources say

First Citizens could reach a deal as soon as Sunday to acquire Silicon Valley Bank from the Federal Deposit Insurance…

March 27, 2023 10:48 IST

Credit card spends fall marginally in February

Credit card spends marginally declined on a month-on-month basis in February even as they remained above Rs 1 trillion for…

March 27, 2023 00:30 IST

FM Nirmala Sitharaman urges public sector banks to be more vigilant

Amidst the collapse of mid-sized banks in the US and Europe, finance minister Nirmala Sitharaman on Saturday asked public sector…

March 26, 2023 05:30 IST

FM Nirmala Sitharaman reviews PSBs’ performance amid stress in US financial systems

Finance Minister Nirmala Sitharaman on Saturday reviewed the performance of public sector banks (PSBs) on various financial health parameters

March 25, 2023 18:43 IST

Manappuram Finance board approves Rs 8k-cr fundrasing programme for FY24

The company’s microfinance subsidiary Asirvad posted an AUM of 8,653 crore showing a growth of 22% year-on-year and a profit…

March 25, 2023 05:10 IST

Bankers expect more traction in deposit inflows

The Centre’s move to remove long-term tax benefits from debt mutual funds will take away the tax advantage such instruments…

March 25, 2023 01:00 IST

SNB, credit suisse, interest rate, inflation, UBS Group, price stability, foreign exchange market, Swiss economy, US Fed, borrowing

SNB hikes by 50 basis points after Credit Suisse turmoil

Officials lifted the benchmark to 1.5%, an outcome predicted by most economists before Credit Suisse Group AG’s forced takeover by…

March 23, 2023 15:50 IST

Bill Ackman, US Fed, rate hike, deposit outflows, banks, Federal Reserve, consumers, banking crisis

Ackman warns of accelerated deposit outflows after Fed decision

“A temporary system-wide deposit guarantee is needed to stop the bleeding,” he wrote. “The longer the uncertainty continues, the more…

March 23, 2023 14:10 IST

FM Nirmala Sitharaman likely to meet CEOs of PSU Banks on Saturday

The meeting is going to take stock of the progress made by banks in achieving targets set for the various…

Updated: March 23, 2023 12:59 IST

banking system, data, bond portfolios, finance ministry, precautionary exercise, market to market losses, volatility, RBI, government bonds, investment books

India seeks data on state-bank bond portfolios amid global banking turmoil: Sources

“The finance ministry has asked banks to submit data about their held-to-maturity (HTM) portfolios and mark-to-market (MTM) losses in trading…

March 23, 2023 12:03 IST

Citigroup CEO Jane Fraser declares ‘this is not a credit crisis’ after US bank failures

“The banking system is pretty sound,” and large and regional banks are well-capitalized, Fraser told the Economic Club of Washington…

Updated: March 23, 2023 10:03 IST

How RBI’s watchful eye saved Indian banks from Credit Suisse fallout, global banking contagion

Experts suggested that India’s banks are likely to be well insulated from the fallout resulting from Credit Suisse crisis, partially…

March 21, 2023 16:15 IST

top bankers, richest bankers, richest bankers in india, indian bankers, uday kotak, uday kotal net worth, Sandeep Bakhshi, Sandeep Bakhshi net worth, ICICI, Axis Bank, lifestyle

Uday Kotak to ICICI bank’s Sandeep Bakhshi: Top Indian bankers who earn millions of dollars and have huge net worth

Meet the richest bankers in India

Updated: March 21, 2023 17:13 IST

Credit Suisse, UBS deal: What you need to know

Attention is now on this week’s meeting of the U.S. Federal Reserve, with traders wondering whether the central bank’s relentless…

Updated: March 21, 2023 10:49 IST

Related News

Jefferies buy recommendations India 2025 Adani IndiGo Indian Oil Chalet Mindspace

5 ‘Buy’ recommendations by Jefferies, with up to 46% upside potential

Aadhaar Card Update: Simple step-by-step guide to change your address online without hassle

Aadhaar Card Update: How to change address in Aadhaar Card online in simple steps

EPS-95 pension: Govt says no proposal for Rs 7,500 minimum pension as fund faces deficit

EPFO: Govt to hike minimum EPS pension to Rs 7,500 from current Rs 1,000? Labour ministry replies in Parliament

Aadhaar card update December 2025: You can soon update your phone number from home online, no Aadhaar centre visit needed

Aadhaar card update December 2025: You can soon update your phone number online from home, no Aadhaar centre visit needed

Jefferies cement sector India 2025 buy calls UltraTech Ambuja JSW

8 ‘Buy’ recommendations by Jefferies in the cement sector with up to 56% upside

Manipur woman says passport officer questioned sister’s nationality despite Aadhaar, PAN

Trending News24 min ago

A woman from Manipur shared that her sister allegedly faced harassment by a passport officer, saying no one should be made to prove their identity beyond valid documents in their own country. She claimed that her sister showed valid documents, including Aadhaar Card, PAN Card to the official.

View all shorts

Photo Gallery

Venice Film Festival in pics: George Clooney, Emma Stone show up with glamour and glitz – Check out best looks from the red carpet

3 months agoAugust 29, 2025

View All

Page 40 of banking sector

Related News

Photo Gallery

Venice Film Festival in pics: George Clooney, Emma Stone show up with glamour and glitz – Check out best looks from the red carpet

Trending Topics