The foreign lender completed the sale of its retail consumer business to Axis Bank last month. Excerpts:
Citibank’s sale of its retail business to Axis Bank is complete and with that India’s oldest foreign lender has joined…
A large number of MSME loans are linked to the external benchmark like the repo.
The Reserve Bank of India (RBI) has infused Rs 4.1 trillion in the banking system between February 8 and February…
Citibank India employees belonging to the consumer vertical are set to join Axis Bank for better or for worse as…
The baseline projections of the RBI indicate that headline inflation is likely to moderate to 5.3% in FY24.
The company has reported a total income of Rs 306 crore and net profit of Rs 14 crore in FY22.
Currently, digital lenders are at initial stages of developing business models, with lenders depending on the repayment proficiency of the…
With the latest rate hike by the RBI, around 150 bps has been passed on to deposit rates, while on…
A fresh pledge of shares of three companies — Adani Ports & SEZ, Adani Transmission and Adani Green Energy —…
The PPIs can be issued in the form of wallets linked to UPI and can be used for merchant payments…
The rural sentiment is very positive and activity is higher than pre-pandemic period.
MPC raises repo rate by 25 bps to 6.5%; FY24 consumer price inflation seen at 5.3%; Economic growth estimated at…
While core inflation is declining, it is not happening at a pace the RBI is expecting, deputy governor Michael Patra…
Banks have seen their NIM expanding so far in the current financial year, with State Bank of India (SBI) leading…
After payment, 12% promoter stake in Adani Ports & SEZ, 3% in Adani Green Energy and 1.4% in Adani Transmission…
The National Company Law Tribunal (NCLT) is scheduled to hear the application for the merger of Housing Development Finance Corporation…
The 10-year benchmark bond yield is expected to trade in a range of 7.15-7.35% till March 31 and further decline…
