According to the lender’s ‘Lakshya 2026’ goals, it intends to maintain the retail book at over 80% of overall loans.…
The National Payments Corporation of India (NPCI) has set the maximum amount for a single AePS transaction at Rs 10,000.
India growth story and the financial sector evolution and has built an institution on the basic tenets of trust and…
While high interest rates had previously dented the demand for home loans, analysts say that this negative impact has now…
“Card networks will now have to focus on how to create a pull structure as customers may start asking for…
“We expect systemic loan growth to remain healthy in April-June, driven by a continued traction for retail, small and medium-sized…
Sankar added that while various fintechs are focusing on innovation, there is a need for greater emphasis on regulation. That…
The bank’s disbursements rose 22% y-o-y to Rs 5,280 crore in the quarter under review driven by a growth in…
Satin Creditcare had a consolidated assets under management of Rs 9,115 crore as on March 31 and expects to grow…
Of this, the share of unsecured retail loans has risen to 25.2% of the overall portfolio of banks as on…
As far as the bank shareholders are concerned, the book value per share goes up by around 5% because the…
In fact, the only deterrent that the brokerage sees is the stock not being able to meet the price cut-off…
Bank board approves proposal; process to be completed this year
The RBI has cancelled the banking licenses of Adoor Co-operative Urban Bank of Kerala and Mahalaxmi Cooperative Bank Dharwad in…
Vodafone Idea topped the charts on interest costs with an 11.3% rise at Rs 23,354 crore, followed by RIL with…
The transactions volume rose 59% y-o-y in June and transactions value rose 45% y-o-y to Rs 14.8 trillion. Transaction value…
Post-merger, the key HDFC Bank subsidiaries will include HDFC, HDB Financial Services, HDFC Asset Management, HDFC ERGO General Insurance, HDFC…
Parekh noted that HDFC’s vast distribution network will help HDFC Bank cross-sell mortgage loans
