India’ banking system reported total deposits of Rs00 lakh crore for the first time ever in September, data released by…
With the 10-bps base rate cut from private sector lender Kotak Mahindra Bank (KMB) coming into effect from Friday, it…
Banks’investments in commercial papers (CPs) and bonds issued by the private corporate sector crossed the Rs 2.5 lakh crore mark…
Lenders to Essar Projects will soon initiate a strategic debt restructuring (SDR) plan for the debt-ridden company, bankers told FE,…
Auto major Mahindra & Mahindra (M&M) on Monday said it would raise R475 crore via issuance of rated, listed, unsecured…
Lenders to GTL Infrastructure have accepted the company’s proposal to convert some part of the debt into equity under the…
In spite of consumer inflation falling to a five month low of 5.05% (y-o-y) in August, with State Bank of…
State Bank of India’s (SBI’s) investments in commercial papers (CPs) at R41,000 crore now account for more than 10% of…
Banks’ investments in commercial papers (CP) as a share of their total investments hit an all-time high in the fortnight…
Interest rates on three-month commercial papers (CPs) for A1+-rated companies are currently at a six-year low of less than 7%,…
Lenders to Alok Industries, the highly-indebted textile manufacturer whose net worth has been eroded, have decided to provide the company…
The share of housing loans in the total non-food credit hit its highest in almost eight years in June 2016,…
If MCLR falls between the date of approval and date of disbursement of a loan, borrowers are asking banks to…
The growth in the loan books of a clutch of top five private sector banks outpaced the same for the…
RBI has mandated banks to announce marginal cost of funds-based lending rate of at least five tenures.
The company has reportedly told banks that capacity utilisation at its plants in Silvassa went up by about 10-15% in…
As borrowing by corporates remains subdued, some lenders – banks and non-banking finance companies (NBFCs) – appear to be willing…
Syndicate Bank on Friday lowered both its marginal cost of funds based lending rate (MCLR), across all tenors, and the…
