HDFC Bank Q2 net profit sinks 27.5%, loans grow 10%

HDFC Bank Q2 net profit sinks 27.5%, loans grow 10%

India's largest housing finance company, HDFC Ltd, reported a 27.5% drop in its standalone net profi..

SBI Card NPA swelling signals deeper financial woes

SBI Card NPA swelling signals deeper financial woes

They say one swallow does not make a summer. So, is the record spike in bad loans on the quarterly r..

ICICI Bank posts record quarter profit, asset quality improves

ICICI Bank posts record quarter profit, asset quality improves

In exactly two years since Sandeep Bakshi took over as chief executive officer and managing director..

Bank of Baroda makes home & car loans cheaper

Bank of Baroda makes home & car loans cheaper

Keeping up with the festive fervour, Bank of Baroda has slashed the Baroda repo linked lending rate ..

Bank of Baroda makes home & car loans cheaper

Bank of Baroda makes home & car loans cheaper

Keeping up with the festive fervour, Bank of Baroda has slashed the Baroda repo linked lending rate ..

RBI penalises Jio Payments Bank, DCB Bank

RBI penalises Jio Payments Bank, DCB Bank

The Reserve Bank of India (RBI) has imposed a penalty on Jio Payments Bank and DCB Bank for flouting..

Axis Bank Q2 net at Rs 1,683 cr, provisioning offers comfort

Axis Bank Q2 net at Rs 1,683 cr, provisioning offers comfort

Private sector lender Axis Bank reported a fiscal second quarter net profit of Rs 1,682.67 crore on ..

Axis Bank estimates potential stress of Rs 20,000 cr

Axis Bank estimates potential stress of Rs 20,000 cr

Axis Bank estimates a potential stress of Rs 20,600 crore including its 'BB' and below-rated loans. ..

Gold loan NBFCs to see 15-18% growth in FY21: Crisil

Gold loan NBFCs to see 15-18% growth in FY21: Crisil

Gold-loan assets under management of non-banking financial companies (NBFCs) could grow 15-18% this ..

SBI raises $1 billion loan from Japanese lenders

SBI raises $1 billion loan from Japanese lenders

State Bank of India ( SBI), the country's largest lender, has signed a loan agreement up to $1 billi..

Yes Bank sells DHFL bonds, struggle with NPAs still on

Yes Bank sells DHFL bonds, struggle with NPAs still on

Struggling to lighten its non-performing assets, Yes Bank has sold bonds in Dewan Housing Finance (D..

Lenders ask bidders to sweeten their bids for troubled DHFL

Lenders ask bidders to sweeten their bids for troubled DHFL

The DHFL Committee of Creditors (CoC) met on 26 December to examine the detailed presentations made ..

Yes Bank Q2 net up at Rs 129 cr, asset quality improves

Yes Bank Q2 net up at Rs 129 cr, asset quality improves

Private lender Yes Bank has reported a net profit of Rs 129.37 crore for the quarter ended 30 Septem..

India's GDP may take years to regain lost output: RBI deputy governor

India's GDP may take years to regain lost output: RBI deputy governor

MUMBAI: Reserve Bank of India (RBI) governor Shaktikanta Das and deputy governor Michael Patra expec..

India's public debt ratio to hit 90% of GDP due to Covid

India's public debt ratio to hit 90% of GDP due to Covid

IMF has projected India's public debt-to-GDP ratio to touch a new high of almost 90%, up 17 percenta..