There is a view among senior bankers that instead of yielding a clear-cut takeover of the group’s assets by Reliance…
NBFCs will have to make disclosures with respect to exposure to real estate, capital markets and group companies
Growth in credit to industry recovered to 6.5% in February 2022 from 1% a year ago, RBI data showed
The one-year MCLR at SBI now stands at 7.1%, a shade lower than the 7.25% at HDFC Bank, Punjab National…
Rapidly widening trade and current account deficits, coupled with portfolio capital outflows, could weigh on external sustainability, the RBI said,…
At Rs 1.63 trillion, the value of merchant UPI transactions in February 2022 was well above the value of debit…
Srinivasan Vaidyanathan, chief financial officer of HDFC Bank, said on a post-results conference call that the bank’s asset mix has…
The country’s largest private bank reports 29% fall in provisions to Rs 3,312.35 crore
One-time restructuring (OTR) under the resolution framework for Covid-19 related stress was invoked by the company and the consortium bankers…
Soumya Kanti Ghosh, group chief economic adviser, State Bank of India (SBI), said the Russia-Ukraine conflict has significantly impacted the…
If regulations for large NBFCs force a change, companies will adapt to follow them, Revankar said, adding that his company…
The UPI payments feature had gone live on the Meta-owned Whatsapp in November 2020 for 20 million users; the cap…
Q&A with Pirojsha Godrej, chairman of Godrej Capital, and Manish Shah, MD & CEO of Godrej Housing Finance
11 April 2022: The deal value of $1.6 billion (Rs 12,325 crore) is subject to renegotiation in such a scenario.…
“This is clearly a hawkish policy as compared to the February meeting, justified by the inflationary pressures that have emerged…
Experts pointed out the SDF will allow the absorption of liquidity from the system without requiring banks to provide any…
This is a cyclical rather than structural change in customer behaviour which is induced partly by where we are in…
Future Enterprises develops, owns and leases the retail infrastructure for its parent group. The company also holds the group’s investments…
