However, Varma feels that a faster glidepath will come at the cost of growth.
While HDFC set up the building blocks for the housing finance industry to take shape in India, competition has stiffened…
“A disorderly transition will result in significant adjustment costs for all economic agents, leading to stranded financial assets and increasing…
The central bank’s comments come at a time when lenders have been looking to increase their unsecured retail mix in a bid…
Kotak Mahindra Bank is currently evaluating whether to accept green deposits, says group president and consumer banking head Virat Diwanji.…
Experts are wary that banks may end up reducing their capital ratios as a response to higher provisioning under Ind-AS.…
It has appointed director (finance) and chief financial officer Mahendra Lodha as interim managing director and chief executive officer.
According to block deal data available on the National Stock Exchange, Piramal offloaded 31.2 million shares, amounting to an 8.34%…
In recent times, NBFC interest in the MSME segment has also been fuelled by sustained demand from small enterprises for…
Formerly known as Fullerton India Credit Co, the non-bank lender aims to double its consolidated loan book in next three…
The development comes a day after TPG India Investments II sold its entire 9.92 million shares or 2.65% stake in…
The total revenue of HDFC Credila during FY23 (April –March) was Rs 1,352 crore while its net worth stood at…
Deposits of Rs 3.3 trillion added in the fortnight ended June 2, SBI Research said.
The new-to-credit segment comprised 16% of loan origination volume in December 2022, compared with 22% in December 2020.
Analysts are positive on the company’s prospects due to its strong earnings, attractive valuations and management structure.
Khara feels cyber-security requires “long-term vigil” and that adequate steps must be taken to ensure that the inner systems of…
NPCI is also working with the Reserve Bank of India (RBI) and the National Highways Authority of India (NHAI) to…
The default minimum threshold over which surplus funds earn a fixed deposit interest rate is Rs 25,000 for savings account,…
