Dhanlaxmi Bank posts strong credit growth in FY23

Dhanlaxmi Bank posts strong credit growth in FY23

Kerala-headquartered Dhanlaxmi Bank has reported a strong business year with credit growing by 16.85..

Why Indian banks need to worry less about demise of SVB

Why Indian banks need to worry less about demise of SVB

On 25 March, Finance Minister Nirmala Sitharaman asked the chiefs of state-run banks to be more vigi..

FM Sitharaman reviews PSBs’ preparedness amid banking crisis in US, Europe

FM Sitharaman reviews PSBs’ preparedness amid banking crisis in US, Europe

Amid turbulence across the global banking sector, Finance Minister Nirmala Sitharaman has asked stat..

US Federal Reserve raises interest rates by 25 basis points

US Federal Reserve raises interest rates by 25 basis points

The Federal Reserve has hiked interest rates by another quarter of a percentage point to a range of ..

UBS to buy Credit Suisse for $3.25bn

UBS to buy Credit Suisse for $3.25bn

Backed by the Swiss government and the regulators, UBS has agreed to acquire its troubled rival Cred..

Canara Bank Rupay Credit Card on UPI

Canara Bank Rupay Credit Card on UPI

Canara Bank, in collaboration with NPCI, has launched the Rupay Credit Card through UPI using the BH..

Adani Group firms pledge more shares

Adani Group firms pledge more shares

The promoters of Adani Group have pledged more shares as security for loans.SBICap Trustee Company, ..

Why SEBI has not yet got to bottom of issues raised by Hindenburg, asks ex-RBI Guv

Why SEBI has not yet got to bottom of issues raised by Hindenburg, asks ex-RBI Guv

The pressure on markets regulator SEBI to speed up with its probe on the issues raised by a US short..

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..

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..

Adani firms pledge additional shares for SBI

Adani firms pledge additional shares for SBI

Three Adani group companies have pledged additional shares for State Bank of India (SBI), Reuters re..

Adani issue: Regulators very experienced and seized of the matter, says FM

Adani issue: Regulators very experienced and seized of the matter, says FM

Finance Minister Nirmala Sitharaman on Saturday said the country's regulators are very experienced a..

Bank of Baroda’s loan exposure to Adani Group pegged at Rs 5,500 cr

Bank of Baroda’s loan exposure to Adani Group pegged at Rs 5,500 cr

Bank of Baroda’s exposure to the Adani group companies has reduced over the last two years and there..

Adani Enterprises to stick to FPO price and schedule: CFO

Adani Enterprises to stick to FPO price and schedule: CFO

India’s richest tycoon Gautam Adani is firm on sticking to the price of the follow-on public offer (..

RBI releases discussion points for stressed assets securitisation framework

RBI releases discussion points for stressed assets securitisation framework

The Reserve Bank of India (RBI) is looking to provide one more alternative mechanism for lenders to ..