Experts also believe that specialised infrastructure finance institutions, which are backed by the government, are more suited to finance long-term…
The net interest margin stood at 3.99% in the second quarter, down from 4.05% in the first quarter of the…
Once the SRO has a critical mass in different fintech categories, it will have dedicated working groups and forums of…
Remittances are the starting point for many emerging and developing economies, including India, to explore cross-border peer-to-peer payments.
Lenders are expected to witness 5-10-basis-point (bps) compression in NIMs due to rise in cost of funds, say experts.
Forex reserves are at an all-time high, having breached the $700-billion mark, standing at $701.18 billion as of October 4,…
Some NBFCs are aggressively pursuing growth without building up sustainable business practices and risk management frameworks, said the governor.
MPC expected to keep the repo rate unchanged.
A total of 158 MTNL properties across prime locations in Mumbai and Delhi have been identified for outright sale by…
As of June end, the company’s retail AUM stood at Rs 50,530 crore, with housing loans accounting for around 45%…
Liquidity in the banking system slipped into a deficit in the second half of September after nearly three months, driven…
India Ratings and Research said the corporate credit profile continued its robust performance with 202 issuers getting rating upgrades in…
The gold loan portfolio should be closely monitored, especially in the light of significant growth in the portfolio in certain…
Bankers say higher prices encourage people to opt for gold loans as the loan amount gets bigger.
Last month, IndusInd Bank launched ‘Pioneer Private Program’, which is an exclusive program of bespoke financial solutions, tailored to the…
Default rates in investment grade securities are below 0.5% that tells that if resources are raised for infra and deployed…
Europe gains ground, America stagnant
With liquidity swinging from surplus to deficit, the central bank has also stepped up its efforts to infuse short-term funds…
