The banking regulator has also taken actions Paytm Payments Bank, IIFL Finance and JM Financial Products over the past six…
Last month, the RBI had asked Federal Bank and South Indian Bank to stop issuing new co-branded credit cards due…
Analysts expect government spending to continue to be slow until the Lok Sabha election is over and the new government…
Common Equity Tier-I ratios may also be hit
Net interest income, the difference between interest earned and paid, rose 13% to Rs 6,909 crore in 2023-24 from Rs…
The fourth quarter is usually busy for banks and the demand for credit was high in the January-March quarter and…
These exits happened at a time when the Reserve Bank of India (RBI) was scrutinising the bank for various lapses…
With demand of loans staying strong, HDFC Bank, ICICI Bank and several other lenders raised interest on fixed deposits by…
His departure comes at a time when the bank is facing regulators’ ire for outages in digital banking services.
ICICI Bank’s market capitalisation reached Rs 8.14 trillion after its shares touched an all-time high of Rs 1,163 apiece, before…
The trend of contraction in the NIM was also seen in the previous quarter, with the bank’s NIM declining to…
“The bank has given its guidance of growing by 300-400bps higher than the system over the medium term,” Motilal Oswal…
Due to the heavy selloff, the bank’s founder Uday Kotak, the largest shareholder with a stake of almost 26%, saw…
We are aiming for a responsible and sustainable growth as our customer base has crossed 1 crore
PSBs are also expected to report higher treasury income for the fourth quarter due to decline in bond yields as…
As a token of appreciation for the hard work during the merger of HDFC Bank with HDFC Ltd, the bank…
‘The economy has been held up by government investment, and the ongoing process of fiscal consolidation is gradually withdrawing that…
The numbers are not strictly comparable on a year-on-year basis as a result of the merger of HDFC Bank with…
