HDFC Bank Q3 Results: Profit rises by 2.22% to Rs 16,735.50 crore, NII at Rs 30,653 crore, beats estimates
Bharti Airtel, Bajaj Finance enter into strategic partnership to create digital platforms for financial services
Digital rupee a game changer, says SBI Chairman Dinesh Khara In the second phase of retail digital rupee project, nine more cities and four more banks will be included. By PTIDecember 2, 2022 21:02 IST
Bank credit grows nearly 17 pc for fortnight ended Nov 18: RBI The bank credit grew to Rs 133.29 lakh crore for the fortnight ended November 18 this year as against Rs… By PTIDecember 2, 2022 18:35 IST
Global Banking Summit: Canara Bank receives Banker’s Bank of the Year Award 2022 The Bankers’ Bank of the year awards are considered like Oscar awards for the banking sector. By FE BusinessDecember 2, 2022 17:07 IST
Select overseas bank branches can deal in foreign financial products The direction from the RBI comes amid the row between the Indian banking regulator with the European Securities Markets Authority… By FE BureauDecember 2, 2022 05:00 IST
Carlyle and Advent receive RBI’s conditional nod for Yes Bank stake buy “The Reserve Bank of India has issued a conditional approval to each investor with respect to the proposed acquisition by… By FE BureauDecember 2, 2022 03:00 IST
Acquisition of Citibank India might get pushed to May: Axis Bank’s MD After the completion of merger, Axis Bank will require 18 months for the complete takeover of customers and shift of… By FE BureauDecember 2, 2022 01:05 IST
RBI launches retail digital rupee in four cities CBDC is a digital form of currency notes issued by a central bank. By PTIDecember 1, 2022 22:09 IST
RBI comes out with four-tiered regulatory framework for urban cooperative banks The RBI has categorised all unit UCBs and salary earners’ UCBs (irrespective of deposit size), and all other UCBs having… By PTIDecember 1, 2022 21:45 IST
PolicyBazaar stake sale: SoftBank plans to sell 5% equity in PB Fintech at this price SoftBank declined to comment, while PB Fintech did not immediately respond to a Reuters request for comment. By ReutersDecember 1, 2022 20:39 IST
RBI gives conditional nod to Carlyle, Advent for Yes Bank stake buy “The investors are evaluating the conditions,” Mumbai-based Yes Bank said, adding that the bank and the investors will engage with… By ReutersDecember 1, 2022 17:24 IST
Delhi High Court dismisses challenge to restrictions on withdrawal from PMC Bank Justice Prateek Jalan said “despite sympathising with the petitioners”, he was unable to grant relief to them. By PTIUpdated: December 1, 2022 15:51 IST
NBFCs, corporate, personal loans drive credit growth Bank loans to non-banking financial companies (NBFCs) rose 38% year-on-year as of October 21, as NBFCs continued to find banks’… By Ajay RamanathanDecember 1, 2022 04:45 IST
NBFCs’ assets under management to grow by 13% in current financial year, says Crisil “Stronger balance sheets with higher provisioning and lower leverage, receding asset-quality concerns and steadily normalising funding access provide a solid… By FE BureauDecember 1, 2022 03:30 IST
Sundaram Finance aims to grow AUMs by 17-18% on yearly basis The lender’s assets under management stood at Rs 31,980 crore as on September 30. AUMs should likely to surpass Rs… By Ajay RamanathanDecember 1, 2022 01:30 IST
IDFC gets nod for change in control of IDFC MF In a stock exchange filing on Tuesday, IDFC Ltd informed that the Securities and Exchange Board of India, in a… By Mithun DasguptaUpdated: November 30, 2022 08:26 IST
Sustained loan demand may push more NBFCs to co-lending pacts The borrower would pay interest at a weighted average lending rate, which is lower than the interest rate of a… By Ajay RamanathanNovember 30, 2022 01:30 IST
Demand for housing is largely inelastic in India Currently, Housing Development Finance Corporation (HDFC) is in the process of merging with HDFC Bank. By Joydeep GhoshNovember 29, 2022 01:45 IST
Axis Bank eyes rural pie; ICICI Bank, HDFC Bank lead ICICI Bank had started increasing its branches in the rural and semi-urban locations even before the pandemic, as the lender… By Shashank DidmisheNovember 29, 2022 00:15 IST
