Budget 2022: Analysis and Views of CEOs

Budget 2022: Analysis and Views of CEOs

The Union Budget for 2022-23 has set a template for economic growth, which is to be led by capital e..

Budget: FM proposes amendments in IBC for better loan recovery

Budget: FM proposes amendments in IBC for better loan recovery

Union Finance Minister Nirmala Sitharaman on Tuesday proposed amendments to the Insolvency and Bankr..

Budget: MSME sector gets support, credit line extended

Budget: MSME sector gets support, credit line extended

The Union Budget 2022 has laid focus on infrastructure and the MSME sector, which accounts for 45% o..

Digital thrust and linking post offices to core banking

Digital thrust and linking post offices to core banking

To continue to push for digital banking and digital payments, the government has proposed that sched..

Govt not to infuse capital in PSU banks in FY23

Govt not to infuse capital in PSU banks in FY23

The budget has not provided for any capital infusion in public sector banks in 2022-23.  “..

Higher fiscal deficit to push bond yields up

Higher fiscal deficit to push bond yields up

The Union Budget for 2022-23 has estimated fiscal deficit at higher than expected 6.4%, triggering e..

RBI to issue digital rupee in FY23

RBI to issue digital rupee in FY23

The Reserve Bank of India (RBI) will issue a digital rupee using blockchain and other technologies i..

India’s GDP to expand 8-8.5% in FY23: Economic Survey

India’s GDP to expand 8-8.5% in FY23: Economic Survey

India’s GDP growth is expected to speed to 8-8.5% in FY23, according to the Economic Survey 2021-22...

49% of bank deposits are without DICGC insurance cover: Economic Survey

49% of bank deposits are without DICGC insurance cover: Economic Survey

A sizeable chunk of the total deposits held with Indian banks do not have insurance cover under the ..

96% of PMC Bank depositors to get paid upfront, says Unity SFB

96% of PMC Bank depositors to get paid upfront, says Unity SFB

Unity Small Finance Bank said around 96% of depositors having deposits up to Rs 5 lakh will be paid ..

Nothing untoward in RBL Bank’s Q3 results, say analysts

Nothing untoward in RBL Bank’s Q3 results, say analysts

Private sector lender RBL Bank reported  6.15% year-on-year growth in its net profit for the De..

Net profit on track amid higher recoveries and lower NPAs, says PNB chief

Net profit on track amid higher recoveries and lower NPAs, says PNB chief

Punjab National Bank (PNB) said it is on track to achieve a net profit of  Rs 4,000 crore for t..

Bad bank to take in Rs 50,000 cr of stressed loans by March-end

Bad bank to take in Rs 50,000 cr of stressed loans by March-end

India’s bad bank is set to roll out operations after receiving all regulatory approvals and lenders ..

CSB Bank Q3 net up 180% at Rs 148 cr

CSB Bank Q3 net up 180% at Rs 148 cr

Fairfax-promoted CSB reported a 180% year-on-year jump in net profit to Rs 148.26 crore for the thir..

IndusInd Bank Q3 net up 50% at Rs 1,241.55 cr

IndusInd Bank Q3 net up 50% at Rs 1,241.55 cr

IndusInd Bank reported 50% year-on-year growth in its consolidated net profit for the December quart..