India’s GDP slows to 4.4% in December quarter

India’s GDP slows to 4.4% in December quarter

India’s economic growth slowed down to 4.4% in the quarter ended December 2022, from 6.3% in the pre..

Fiscal deficit touches 68% of full-fiscal target in Ist 10 months

Fiscal deficit touches 68% of full-fiscal target in Ist 10 months

The fiscal deficit touched 67.8% of the full-fiscal target at the end of January due to higher expen..

Banks want Adani Group to put expansion plans on hold

Banks want Adani Group to put expansion plans on hold

Banks are asking the Adani Group to put their expansion plans on hold until the stock-rout crisis tr..

SBI plans branch expansion, SME loan growth in Odisha

SBI plans branch expansion, SME loan growth in Odisha

State Bank of India (SBI) is looking to aggressively grow its business in Odisha through lending to ..

Home loan growth slows amid rise in interest rates

Home loan growth slows amid rise in interest rates

Home loan growth, the prime driver of bank credit in the retail segment, is slowing down following t..

The Adani-Hindenburg Saga

The Adani-Hindenburg Saga

A chain of dramatic events have unfolded since US short-seller Hindenburg research released its repo..

Credit growth at 16.8% vs deposits' 10.3% in Dec quarter

Credit growth at 16.8% vs deposits' 10.3% in Dec quarter

Banks' credit growth doubled to 16.8% in the October-December quarter from a year earlier but was lo..

HDFC Bank raises $750 mn via dollar bonds

HDFC Bank raises $750 mn via dollar bonds

HDFC Bank, India’s largest private sector bank, has raised $750 million through a dollar bond sale.T..

Banks may see rise in bad loans from retail, MSME segments: SBI MD

Banks may see rise in bad loans from retail, MSME segments: SBI MD

For Indian banks, the retail and MSME segments could see a rise in bad loans even as they flag high ..

ARCs expected to grow 10% in FY23: Crisil report

ARCs expected to grow 10% in FY23: Crisil report

Assets under management (AUM) of asset reconstruction companies (ARCs) is expected to grow almost 10..

Stage set for consolidation in ARC sector

Stage set for consolidation in ARC sector

India has 28 asset reconstruction companies (ARCs), a lot too many to accommodate as they need to be..

ARCs to shift from corporate to retail and MSME loans

ARCs to shift from corporate to retail and MSME loans

The stressed assets opportunity for ARCs is shifting from corporate to retail and MSME loans.About a..

Union Bank of India ramps up digital investments

Union Bank of India ramps up digital investments

Union Bank of India is investing Rs 1,600 crore this fiscal to strengthen its technological capabili..

Hindenburg and Adani’s ‘invincibility’ image

Hindenburg and Adani’s ‘invincibility’ image

On 24 January, the team at US short-seller Hindenburg Research planted a bomb in the Indian stock ma..

32 firms get RBI nod to operate as online payment aggregators

32 firms get RBI nod to operate as online payment aggregators

The Reserve Bank of India (RBI) has granted ‘in-principal approval’ to 32 existing payment aggregato..