HDFC Bank chairman speaks on gains from merger, neotech partners, branch expansion

HDFC Bank chairman speaks on gains from merger, neotech partners, branch expansion

The board of HDFC Bank is closely monitoring the process for approval of various aspects of the merg..

ARCs eye stressed retail loans amid market changes

ARCs eye stressed retail loans amid market changes

Asset reconstruction companies (ARCs) are racing to acquire non-performing retail loans as they see ..

Yes Bank gets JC Flowers ARC to unload Rs 48,000 cr of bad loans

Yes Bank gets JC Flowers ARC to unload Rs 48,000 cr of bad loans

Yes Bank on Friday said it has signed a term sheet with JCF ARC LLC and JC Flowers Asset Reconstruct..

SBI raises MCLR by 10 basis points

SBI raises MCLR by 10 basis points

The State Bank of India (SBI) has raised its marginal cost of funds-based lending rate (MCLR) on loa..

RBI’s data on bank credit, deposit growth

RBI’s data on bank credit, deposit growth

Bank credit grew by 13.29% to Rs 123.81 lakh crore and deposits by 9.77% to Rs 169.61 lakh crore in ..

Bank of Maharashtra bucks the trend, cuts MCLR

Bank of Maharashtra bucks the trend, cuts MCLR

Bank of Maharashtra has cut its marginal cost of funds-based lending rate (MCLR) on loans, making it..

ED files FIR against entities, IndusInd Bank staff over remittance irregularities

ED files FIR against entities, IndusInd Bank staff over remittance irregularities

An investigation by the enforcement directorate (ED) pertaining to remittance transactions during 20..

We plan to grow our retail assets to 50% within four years

We plan to grow our retail assets to 50% within four years

When did Edelweiss ARC decide to do more retail loan buyouts?When corporate loan demand declined and..

Retail inflation remains above 7%

Retail inflation remains above 7%

India’s retail inflation eased marginally to 7.01% in June from 7.04% in May, but remained higher th..

RBI slaps fine on Ola Financial Services

RBI slaps fine on Ola Financial Services

The Reserve Bank of India has imposed a penalty of over Rs 1.67 crore on Ola Financial Services for ..

RBI sets up mechanism for global trade settlement in rupee

RBI sets up mechanism for global trade settlement in rupee

The Reserve Bank of India (RBI) has asked banks to put in place a mechanism to settle international ..

Rupee slides to new low, closes at 79.44

Rupee slides to new low, closes at 79.44

The rupee closed on a new low of 79.44 against the US dollar even as the greenback continued to make..

RBI fines 3 co-operative banks

RBI fines 3 co-operative banks

The Reserve Bank of India (RBI) has fined three co-operative banks for deficiencies in regulatory co..

Banks to post Rs 13,000 cr MTM losses in Q1: ICRA

Banks to post Rs 13,000 cr MTM losses in Q1: ICRA

Rating agency ICRA expects banks to remain profitable in the first quarter of FY23, despite mark-to-..

HDFC Bank raises MCLR by 20 basis points, EMIs to get costlier

HDFC Bank raises MCLR by 20 basis points, EMIs to get costlier

For HDFC Bank customers, interest rate on home, car, personal and other loans will become costlier a..