Mahindra Finance detects Rs 150 crore vehicle loan fraud

Mahindra Finance detects Rs 150 crore vehicle loan fraud

Mahindra Finance on Tuesday said it has detected about Rs 150 crore fraud in its retail vehicle loan..

HDFC Bank to stay away from deposit rate war, focus on profitability

HDFC Bank to stay away from deposit rate war, focus on profitability

HDFC Bank will not aggressively hike interest rates to attract new deposits as it has decided to kee..

IDFC First Bank CEO Vaidyanathan gifts shares worth Rs 5 crore

IDFC First Bank CEO Vaidyanathan gifts shares worth Rs 5 crore

IDFC First Bank managing director and CEO V Vaidyanathan’s philanthropic nature is well known. In a ..

Dhanlaxmi Bank gets Ajith Kumar as CEO

Dhanlaxmi Bank gets Ajith Kumar as CEO

Ajith Kumar KK has got the Reserve Bank of India (RBI) approval to be the new managing director and ..

NBCC plans to set up shadow bank to save over $100 mn

NBCC plans to set up shadow bank to save over $100 mn

State-owned NBCC is looking to set up its own non-banking finance company (NBFC) later this year to ..

Bankruptcy cases: SC quashes Bombay HC order

Bankruptcy cases: SC quashes Bombay HC order

A special court presided over by a sessions judge or an additional sessions judge has the jurisdicti..

Yes Bank co-founder Rana Kapoor gets bail

Yes Bank co-founder Rana Kapoor gets bail

A special court in Mumbai on April 19 granted bail to Yes Bank co-founder Rana Kapoor in the Rs 466...

Strong growth momentum gives space to focus on price stability: RBI Guv at MPC

Strong growth momentum gives space to focus on price stability: RBI Guv at MPC

The strong growth momentum and the GDP projections for 2024-25 give the RBI a policy space to unwave..

RBI fines five co-operative banks

RBI fines five co-operative banks

The Reserve Bank of India (RBI) has imposed penalties on five co-operative banks amounting to a tota..

HDFC Bank only private bank in Lakshadweep

HDFC Bank only private bank in Lakshadweep

HDFC Bank has become India’s first private sector bank to have a presence in Lakshadweep. The c..

HDFC Credila raises $100 mn for loan expansion

HDFC Credila raises $100 mn for loan expansion

HDFC Credila Financial Services, an education loans-focused lender, has raised $100 million in exter..

RBI curbs to slow down personal loan growth

RBI curbs to slow down personal loan growth

The co-lending model has attracted assets under management (AUM) worth almost Rs 1 lakh crore in the..

RBI keeps repo rate unchanged

RBI keeps repo rate unchanged

The Reserve Bank of India (RBI) has kept the key policy repo rate unchanged at 6.5% for the seventh ..

RBI to soon allow cash deposits in banks via UPI

RBI to soon allow cash deposits in banks via UPI

Depositors will soon be able to use UPI, a real-time payment system for inter-bank transactions thro..

RBI to review liquidity coverage ratio norms

RBI to review liquidity coverage ratio norms

The Reserve bank of India (RBI) will review the liquidity ratio framework for banks and issue a draf..