State Bank of India’s mega recruitment drive: Reports indicate to take in additional 18,000 personnel
Gold-loan NBFCs to report growth despite cash disbursement restriction; favourable movement in gold prices to support
IndusInd promoter to up bank stake to 26% The board of IIHL also approved a fund-raise of up to $1.5 billion or approximately Rs 12,300 crore, according to… By FE BureauJuly 4, 2023 03:30 IST
HDFC twins’ merger could lead to more real estate opportunities for AIFs, NBFCs Sanjay Dutt, managing director and chief executive at Tata Realty & Infrastructure, echoed the view. “It is an opportunity for… By Raghavendra KamathJuly 4, 2023 00:30 IST
Urban cooperative banks continue to struggle on multiple fronts The RBI has cancelled the banking licenses of Adoor Co-operative Urban Bank of Kerala and Mahalaxmi Cooperative Bank Dharwad in… By Ajay RamanathanJuly 4, 2023 00:15 IST
Share of housing loans in total advances rises to 14.2 per cent in 11 years: RBI report During this period, the share of commercial real estate in total loans has hovered between 2.0-2.9 per cent. By PTIJuly 2, 2023 15:51 IST
Indian Bank rolls out digital services under ‘Project WAVE’ initiative Accordingly, the city-headquartered bank in collaboration with National E-Governance Services Ltd, has introduced an electronic bank guarantee (e-BG) service to… By PTIJuly 2, 2023 14:39 IST
Debadatta Chand takes charge as Bank of Baroda MD Chand began his career in 1994 as an officer at Allahabad Bank and later worked as a manager at the… By FE BureauJuly 2, 2023 03:30 IST
UPI transactions fall slightly in June, remain above 9 billion mark The transactions volume rose 59% y-o-y in June and transactions value rose 45% y-o-y to Rs 14.8 trillion. Transaction value… By Ajay RamanathanJuly 2, 2023 03:10 IST
Aim to double every four years: HDFC Bank MD Sashidhar Jagdishan after merger In a letter to the over 4,000 employees from HDFC who joined the bank’s rolls on Saturday, Jagdishan said the… By PTIJuly 1, 2023 19:19 IST
Aim to double every four years: HDFC Bank MD after merger The erstwhile HDFC’s corporate headquarters at Ramon House already sports the HDFC Bank branding, and officials estimated that the entire… By PTIJuly 1, 2023 18:54 IST
Merger of HDFC twins gets final approval from boards Post-merger, the key HDFC Bank subsidiaries will include HDFC, HDB Financial Services, HDFC Asset Management, HDFC ERGO General Insurance, HDFC… By Ajay RamanathanJuly 1, 2023 05:45 IST
Time to hang my boots with anticipation and hope, says HDFC’s Deepak Parekh Parekh noted that HDFC’s vast distribution network will help HDFC Bank cross-sell mortgage loans By Ajay RamanathanJuly 1, 2023 01:15 IST
I-T dept finds discrepancies in SFT reports filed by certain banks Under SFT, specified institutions are required to furnish the details of certain financial transactions or any reportable account maintained by… By PTIUpdated: June 30, 2023 21:32 IST
Banks to begin reporting on new data warehouse CIMS: RBI Gov Shaktikanta Das Das noted that the Reserve Bank was a pioneer to set up its data warehouse over two decades ago. By PTIJune 30, 2023 14:46 IST
A captain’s knock: Deepak Parekh to chair HDFC’s last board meeting today He has been tight-lipped so far on his next innings, but he would surely continue to make time for his… By Shobhana SubramanianJune 30, 2023 06:15 IST
ICICI Bank approves I-Sec delisting Public shareholders will be allotted 67 equity shares of ICICI Bank for every 100 equity shares of I-Sec By Meghna SinhaJune 30, 2023 03:40 IST
HDFC Life to ‘swiftly adapt’ to change in taxation: MD Vibha Padalkar Padalkar said the company has initiated a technology transformation exercise with the objective of building ‘intelligent systems and platforms for… By Mithun DasguptaJune 30, 2023 02:30 IST
Banking on a legacy: HDFC launches HT Parekh Legacy Centre While HDFC set up the building blocks for the housing finance industry to take shape in India, competition has stiffened… By Ajay RamanathanJune 30, 2023 02:15 IST
Fintech major Lendingkart aims Rs 1,100 crore revenue, says CEO Harshvardhan Lunia His comments come on the heels of the company raising Rs 200 crore in long-term debt funding from growth-stage debt… By Piyush ShuklaJune 30, 2023 01:30 IST
Indian Railways takes action after woman cooks maggi in electric kettle on train, warns ‘It can lead to…’
