HDFC Bank hopes to fix outage issue in 3 months

HDFC Bank hopes to fix outage issue in 3 months

Eager to resume launching new credit cards and digital banking initiatives, HDFC Bank has submitted ..

Shady loan apps could have money laundering angle

Shady loan apps could have money laundering angle

What do your preliminary investigations into the shady instant loan apps companies indicate?The Chin..

RBI moots bank-like norms for large NBFCs

RBI moots bank-like norms for large NBFCs

India’s largest non-bank lending entities are set to come under regulations and capital requirements..

SBI Cards Q3 net drops 52%, asset quality improves

SBI Cards Q3 net drops 52%, asset quality improves

SBI Cards and Payments Services Ltd reported a 52% dip in its net profit to Rs 209.7 crore due to hi..

Yes Bank Q3 net at Rs 151 cr; bad loans rise

Yes Bank Q3 net at Rs 151 cr; bad loans rise

Yes Bank, which was bailed out last March by a consortium led by the State Bank of India, has swung ..

HDFC Bank Q3 net up 18% at Rs 8,758 cr

HDFC Bank Q3 net up 18% at Rs 8,758 cr

HDFC Bank reported an improvement in asset quality for the quarter ended December while net profit r..

SEBI slaps fine on HDFC Bank

SEBI slaps fine on HDFC Bank

The Securities and Exchange Board of India (SEBI) has slapped a fine of Rs 1 crore on HDFC Bank for ..

RBI fines Standard Chartered Bank

RBI fines Standard Chartered Bank

The Reserve Bank of India has imposed a penalty of Rs 2 crore on Standard Chartered Bank-India for d..

Google removes shady loan apps violating safety policies

Google removes shady loan apps violating safety policies

Put under pressure after several borrowers in India committed suicide due to abusive recovery method..

RBI forms panel to regulate digital lending via loan apps

RBI forms panel to regulate digital lending via loan apps

After a spate of suicides and a series of arrests by the police in at least four states, the banking..

Bank of Baroda raises Rs 969 crore

Bank of Baroda raises Rs 969 crore

Bank of Baroda has raised over Rs 969 crore through a private placement of bonds.The fund raised thr..

IIP shrinks 1.9% in Nov; retail inflation eases to 4.59% in Dec

IIP shrinks 1.9% in Nov; retail inflation eases to 4.59% in Dec

The Index of Industrial Production (IIP) contracted 1.9% in November as manufacturing (-1.7%) and mi..

RBI slaps Rs 2 cr penalty on Deutsche Bank

RBI slaps Rs 2 cr penalty on Deutsche Bank

The Reserve Bank of India has slapped a fine of Rs 2 crore on Deutsche Bank AG for violating deposit..

Credit quality of large borrowers

Credit quality of large borrowers

Large borrowers are seeing incipient stress, indicating that non-performing loans could surge in fut..

Bad loans may double to 14.8% under severe stress: RBI

Bad loans may double to 14.8% under severe stress: RBI

Bad loans of banks may nearly double to 14.8% in one year under a severe stress scenario compared to..