Reserve Bank of India (RBI) governor Shaktikanta Das said on Friday that the growth in bank credit has accelerated to…
SBI chief hopes to mobilise Rs 1 trillion worth of assets through the mobile app this year.
Interestingly, quite a few PSBs – SBI, BoB and Canara Bank among them – have reported a sequential fall in…
The levels of liquidity in the system had led the markets to believe that the move to a neutral policy…
The RBI’s signal dispels a notion gaining currency that central banks everywhere may be nearing the end of their tightening…
All the accounts are being offered on a full-cash basis.
State Bank of India (SBI) will remain invested in the private lender even after the share lock-in ends in March,…
Q1FY23 has been relatively benign in terms of asset quality performance for Mahindra Finance and credit costs could trend down…
E-commerce retailers offering COD as a payment option to their shoppers and non-bank lenders, especially those in the microfinance segment,…
Yes Bank’s management has guided for a credit cost of 0.25-0.3% for FY23, down from 0.55% in FY22.
Bank of Baroda (BoB) expects net interest margins (NIMs) to improve by 10 basis points (bps) as loans get repriced…
Central bank may also lower inflation forecast for FY23 at upcoming MPC meet.
Yes Bank was rescued in March 2020 by a clutch of financial sector entities after its capital ratios came close…
Non-food credit outstanding at banks grew 13.5% year-on-year (y-o-y) during the fortnight ended July 15, while deposits grew 8.35%.
State Bank of India, ICICI Bank, IDBI Bank, Bank of Baroda and Tata Capital Financial Services are secured creditors to…
There are some parts of MSMEs which are still what I call close to having been decimated because the businesses…
The remaining $39 billion of ECBs represent 22% of the total ECBs outstanding and include borrowings of those companies which…
“As it would appear, I’m again reiterating, as it would appear, inflation appears to have peaked and it has moderated…
