The company is promoted by Manoj Tirodkar and the Global Group’s holding company, the Global Holding Corporation (GHC).
The bank maintains that it has not received any communication from the government on the divestment process after floating the…
Axis Bank’s NIM was at 4.26% as of December 31, which was higher compared to its historical levels.
The bank plans to foray into dealer financing and vender financing, retail loans to their employees and wants to explore…
Bond-holders had challenged this in court alleging mis-selling. Shashank Didmishe takes a look at the complex world of AI-1 bonds…
Yes Bank on Saturday said it will move the Supreme Court against the order of the Bombay High Court setting…
Banks’ deposits grew by 8.4% in the fortnight ended December 30, the data shows, with total deposit base at Rs177…
IBA moots tax slab parity with FPIs for NRI investment in G-sec
The company is aiming at assets under management (AUM) of Rs 6,000 crore in FY23 from Rs 4,000 crore in…
In the week ended December 30, the forex reserves saw gained marginally by $44 million, data shows.
Cost of funds for NBFCs increased by 80-100 bps in FY23, as per data compiled by India Ratings.
In absolute terms, HDFC Bank’s net advances stood at Rs 15.1 trillion in Q3FY23. Advances of IndusInd Bank were at…
While admitting that the delay is the main challenge before the IBC, RBI governor Shaktikanta Das had said that the…
India’s external accounts remain well-cushioned & viable, says RBI Governor Shaktikanta Das
The RBI will continue to intervene during 2023 in case of steep rate hikes in the US causing volatility in…
The unorganised sector has a higher share of 65% in the gold loan segment, organised players, including banks and NBFCs,…
The main concerns are global headwinds brewing on account of continuing geopolitical tensions, tighter monetary and liquidity conditions and potential…
On the other are six cases in a cash-for-loan scam and, of course, the ignominy of being arrested.
