Economic survey forecasts 11% GDP growth in FY22

Economic survey forecasts 11% GDP growth in FY22

India's economy seems to be on the rebound after being badly fractured by the spread of the coronavi..

SBI has 2 new MDs

SBI has 2 new MDs

Swaminathan J and Ashwini Kumar Tewari have taken charge as the managing directors of the State Bank..

Axis Bank Q3 net plunges 36%, retail NPAs on the rise

Axis Bank Q3 net plunges 36%, retail NPAs on the rise

Axis Bank’s non-performing loans on the retail side have seen a sharp spurt while net profit plunged..

Inside the dirty world of instant loan apps

Inside the dirty world of instant loan apps

Eardu Palaniselvam was playing online rummy one night with four of his friends sometime around Chris..

New trends to surface in credit card industry in 2021

New trends to surface in credit card industry in 2021

The Covid-19 pandemic has affected lives, businesses and economies alike, around the country and the..

Bank of Baroda chief warns of stress in retail, SME loans

Bank of Baroda chief warns of stress in retail, SME loans

Banks could discover that more of their loans become non-performing than what they had anticipated f..

Sale of IDBI Bank, stake in LIC likely to be announced

Sale of IDBI Bank, stake in LIC likely to be announced

IDBI Bank, which was bailed out by the state-run Life Insurance Corporation (LIC) in January 2019, w..

Federal Bank Q3 net falls 8% to Rs 404 cr

Federal Bank Q3 net falls 8% to Rs 404 cr

Private lender Federal Bank has reported an 8.2% decline in net profit at Rs 404 crore for the third..

HDFC Bank hopes to fix outage issue in 3 months

HDFC Bank hopes to fix outage issue in 3 months

Eager to resume launching new credit cards and digital banking initiatives, HDFC Bank has submitted ..

Shady loan apps could have money laundering angle

Shady loan apps could have money laundering angle

What do your preliminary investigations into the shady instant loan apps companies indicate?The Chin..

RBI moots bank-like norms for large NBFCs

RBI moots bank-like norms for large NBFCs

India’s largest non-bank lending entities are set to come under regulations and capital requirements..

SBI Cards Q3 net drops 52%, asset quality improves

SBI Cards Q3 net drops 52%, asset quality improves

SBI Cards and Payments Services Ltd reported a 52% dip in its net profit to Rs 209.7 crore due to hi..

Yes Bank Q3 net at Rs 151 cr; bad loans rise

Yes Bank Q3 net at Rs 151 cr; bad loans rise

Yes Bank, which was bailed out last March by a consortium led by the State Bank of India, has swung ..

HDFC Bank Q3 net up 18% at Rs 8,758 cr

HDFC Bank Q3 net up 18% at Rs 8,758 cr

HDFC Bank reported an improvement in asset quality for the quarter ended December while net profit r..

SEBI slaps fine on HDFC Bank

SEBI slaps fine on HDFC Bank

The Securities and Exchange Board of India (SEBI) has slapped a fine of Rs 1 crore on HDFC Bank for ..