
BCG report shows banks cutting unsecured retail lending to new-to-credit (NTC) borrowers by 12–17 percentage points since FY19, reflecting risk…
More will be invested in the next five years, Shilpa Kumar, MD and head of India, BII tells Raghavendra Kamath.
MSMEs face hurdles beyond the credit gap, including delayed payments, lack of equity, weak data for underwriting, and climate risks.…
SBI chairman CS Setty said banks, via IBA, will seek RBI’s approval to finance mergers & acquisitions, especially for listed…
Rajiv Anand, whose appointment was announced earlier this month, was previously the deputy managing director at private lender Axis Bank…
Buy HDFC Bank shares by today to qualify for its first-ever 1:1 bonus issue ahead of the August 26 ex-date—act…
Malhotra said that the RBI will continue to conduct monetary policy with the objective of price stability, economic growth.
Disintermediation driven by retail participation & financial awareness healthy for financial system.
The idea is to mitigate risks arising from returns and cancellations and the partners will be finalised soon, he added…
He said initiatives such as regulatory sandboxes, the FREE-AI framework, and digital lending guidelines showcase RBI’s cautious yet proactive stance.
PSU banks including SBI and Union Bank hike home loan rates to protect margins amid weak deposit growth. With NIMs…
Zeta is already in discussions with the country’s top four private banks, including HDFC Bank and is powering HDFC’s PayZapp…
Along with raising the long-term issuer credit ratings of the 10 aforementioned financial institutions, S&P Global Ratings also revised upward…
RBI is considering lowering risk weights on auto loans from the current 100% to ease financing and boost the auto…
HDFC Bank revises service charges from Aug 1 for savings, salary, and NRI customers. Changes include reduced free cash transaction…
Under the new system, each cheque will contain the ‘Item Expiry Time’ which indicates the latest time by which confirmation…
The ICICI bank faced severe outrage online for raising the minimum balance amount in new savings account to Rs 50,000.
Bank Holiday on August 15 and 16: Banks in several states will remain closed from August 15 to 17 due…