Srinivasan Vaidyanathan, chief financial officer, HDFC Bank, said during an investor call that the agri and the wholesale accounts contributed…
As successive waves of the Covid-19 pandemic receded and economic conditions showed signs of normalising, the RBI in its February…
The advances book grew 18% on a y-o-y basis to Rs 2.48 trillion as on June 30, 2022 and deposits…
“The central board of the bank at its meeting held today i.e.,20.07.2022, inter alia accorded approval for raising capital by…
Non-food credit grew 13.8% year-on-year (y-o-y) and deposits grew 9.8% y-o-y during the fortnight ended July 2, as per data…
According to a paper published as part of the Reserve Bank of India’s February 2022 bulletin, the average rate of…
The lack of a dispensation will hurt public sector banks (PSBs) more, given their higher holding of government securities of…
The guidelines shall be applicable where the customer is a person initiating transactions and will apply to domestic UPI transactions…
Bankers said that the original list of 15 assets with an exposure of Rs 50,000 crore is bound to undergo…
Data indicate that BNPL lenders seem less focused on driving credit inclusion than anticipated earlier, says a report
According to some estimates, HDFC Bank currently holds government securities worth 29% of its deposit base, against the statutory liquidity…
We have recently started our microfinance business. Our objective and intent is to cater to the Bharat market with all…
PSBs have requested RBI to let them spread the required provisioning against such losses through the four quarters of the…
Move follows imposition of export levy on petroleum goods and a hike in import duty on gold
The merged entity will be twice the size of ICICI Bank, the second largest private bank in the country, and…
HDFC Bank purchased loans worth Rs 9,533 crore through the direct assignment route under the home loan arrangement with Housing…
Both banks were issued notices asking them to show cause as to why penalties should not be imposed on them.
The industry intends to approach the regulator under the aegis of the Payments Council of India (PCI) and request it…
