In a separate release, the RBI announced the OMO purchase of 7.59% 2029, 7.18% 2033, 7.10% 2034, 6.79% 2034 and…
IDFC First Bank has had a mixed Q3FY25 but MD and CEO V Vaidyanathan estimates the provisions for the microfinance…
Loans and advances grew 15.3% to Rs 5.65 lakh crore in the latest quarter. Retail advances rose 21.22% to Rs…
Shriram Finance allotted 69,513 equity shares (pre-split) under its employee stock option scheme 2023 at an exercise price of Rs…
The depreciation in the currency is expected to continue, though the pace may become slow as the bearish sentiment around…
The focus is more on smaller cities than the metros as the housing finance company has exited super prime segments,…
Following the earnings announcement, shares of Central Bank of India rose 5% intra-day on the BSE, before closing at Rs…
Sales of affordable homes plummeted to just 18% of total sales in 2024, down from over 38% in 2019, as…
The Aadhar Housing MD expects the government to tweak the definition of affordable housing for the purpose of GST concession…
The revenue of the Ambani-promoted company rose 8.2% YoY to Rs 448 crore as against Rs 441 crore in the…
The management highlighted that the new-to-bank acquisition engine for the savings franchise has strengthened this quarter.
On Wednesday, the five-day variable rate repo (VRR) auction saw muted response, with banks borrowing just Rs 3,980 crore against…
Currently, the spread between 10-year SDLs and the benchmark 10-year central government bond is 38 basis points. Given the high…
Although the apex bank changed its monetary policy stance to ‘neutral’ from ‘withdrawal of accommodation’ in October, it has kept…
Market participants were betting that the rupee may breach the 86/$ mark by the end of January because of overvaluation.
The RBI’s decision in November last year to increase risk weights on bank funding to NBFCs prompted them to diversify…
The agency expects loan growth to be in the range of 13-13.5% and deposit growth to be between 12-13% in…
ONGC emerged as the top Nifty gainer, rising 3.79% to a two-month high after CLSA rated the stock as a…
