However, the policy, which was put in place by the country’s largest lender, is not yet being used as grounds…
The overnight MCLR at HDFC Bank now stands at 7.15%, the one-month rate is at 7.2%, the three-month rate at…
Despite a rising trade deficit since September last year and large FPI (foreign portfolio investors) outflows, the rupee has lost…
The move comes at a time when companies engaged in the renewable power segment have lined massive expansion plans and…
We have strong capabilities for credit appraisal in all our businesses. We are also growing our wealth management, cash management,…
In this regard, it is likely that the company may be required to make an additional estimated credit loss (ECL)…
“These developments raised doubts in the MPC’s mind that they were going to face problems in the second consecutive quarter.…
“The good news is that we have started registering asset growth. In the next two or three quarters, you’ll see…
“To sum up, the strengthening of inflationary impulses in sync with the persistence of adverse global price shocks poses upward…
The first double-digit growth print in over two years comes at a time when banks are attesting to early signs…
Industry executives FE spoke to said companies are seeking some relaxations in implementation and additions to the guidelines in order…
For companies transitioning to the ML, some were already quite closely regulated, especially those with asset sizes of Rs 250…
Banks have not resumed lending to corporates and a few years down the line we may see a fresh round…
The notice said IFCI also holds an exclusive charge over four brands owned by the borrower – John Miller, Cleanmate,…
Bank of India (BoI) has already referred Future Retail to the National Company Law Tribunal (NCLT) for insolvency proceedings. Regulatory…
Edelweiss ARC is understood to have backed out of buying the Rs 247-crore corporate exposures as it was unable to…
In value terms, the bounce rate stood at 22.8%, up 36 bps from February 2022.
Corporate experts observed that lenders should have accepted the offer
