Page 81 of Banking

Nabfid to raise Rs 5,000 crore via bonds in Q1FY24

Nabfid will go slow on bond issuances as the cost to raise funds via bonds is high, given the lender…

February 11, 2023 00:05 IST

‘Next 3 years will be great for rural India’

The rural sentiment is very positive and activity is higher than pre-pandemic period.

February 10, 2023 01:45 IST

Banks wary of lending to startups

The Department for Promotion of Industry and Internal Trade (DPIT) defines a startup as one where the turnover of the…

February 10, 2023 00:05 IST

Rating: buy: HDFC: Steady loan growth continues, margins stable

Disbursement growth, in retail business, was low at 2.4% y-o-y in Q3

February 6, 2023 04:10 IST

SBI may meet SME book target a year sooner: Khara

The SME book of the bank grew 14.2% Y-o-Y to Rs 3.51 trillion as of December 31, consisting of 11%…

February 6, 2023 00:45 IST

Promoter to put Rs 2,196 cr into IDFC First Bank

The bank’s capital adequacy ratio was at 16.06% with CET-1 ratio at 13.49% as on December 31.

February 5, 2023 05:30 IST

SBI posts highest ever quarterly profit at Rs 14,205 crore

The bank’s domestic advances growth was driven by retail and corporate portfolio, which each grew by 18%.

February 4, 2023 00:50 IST

Strong loan growth lifts Bank of Baroda’s net profit

Domestic advances rose 16.2% y-o-y to Rs 7.6 trillion as on December 31.

February 4, 2023 00:40 IST

Adani group, Gautam Adani, bonds, Goldman Sachs, JPMorgan, debt securities, bond maturing, coupon payments

Adani crisis: Banking sector resilient and stable, says RBI

It further said that banks are also in compliance with the Large Exposure Framework (LEF) guidelines issued by the RBI.

February 3, 2023 19:36 IST

UPI transactions hit 8.03 billion in January

The volume of transactions was 7.8 billion, and value was Rs 12.8 trillion in December.

February 3, 2023 03:45 IST

baking sector, Ujjivan Small Finance Bank

Ujjivan Small Finance Bank reports Rs 293 crore net profit in December quarter

The small financier, in the December quarter, was aided by a write-back in provisions and a growth in its loan…

February 3, 2023 01:40 IST

RBI seeks details of banks’ exposure to Adani Group

On Wednesday, Swiss lender Credit Suisse stopped accepting bonds by Adani group companies as collaterals for margin lending.

February 2, 2023 17:53 IST

Shiram Finance eyes expansion in small enterprises segment

Shriram Finance eyes expansion in small enterprises segment

Currently, 80% of Shriram Finance’s branches are located in southern and western states, and the remaining 20% is located in…

February 1, 2023 04:55 IST

RBI partially relaxes curbs on SBM Bank India till March 15

The relaxation will be effective till March 15 or till a further order by the RBI. Last week, the central…

February 1, 2023 03:00 IST

Industrial credit growth slows down in December

Loan growth to large industries stood at 7%, while credit to medium industries grew 15.4% in December. Credit growth in…

February 1, 2023 02:45 IST

White-label ATM operators seek hike in interchange fee

In 2021, the RBI hiked the interchange fee for cash transaction to Rs 17 from Rs 15 earlier. It simultaneously…

January 31, 2023 02:15 IST

Fincare confident of keeping pace with loan growth

The bank has entered eastern India with its first branch in Kolkata. The lender, which generally adds around 150 branches…

January 30, 2023 04:00 IST

Digital economy: New-age banking hinges on tech

Self-service, financial inclusion and cost reduction are the goals.

January 30, 2023 00:50 IST

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Early shoppers hit snags as online festive sales kick off

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The highly anticipated festive sales by Flipkart and Amazon were plagued with glitches and inconsistencies, including app crashes, order failures, and higher prices. Limited availability of popular products frustrated shoppers, while both platforms are relying on quick commerce to handle the high demand.

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