HDFC Bank-HDFC merger may end ahead of schedule: CFO

HDFC Bank-HDFC merger may end ahead of schedule: CFO

The merger of HDFC Ltd with HDFC Bank may be completed ahead of the indicated deadline by one or two..

Fight against inflation will be dogged and prolonged: RBI article

Fight against inflation will be dogged and prolonged: RBI article

The fight against inflation will be dogged and prolonged, given the long and variable lags with whic..

RBI keeps inflation forecast unchanged

RBI keeps inflation forecast unchanged

The Reserve Bank of India (RBI) has retained the inflation forecast at 6.7% for FY23 while expressin..

No charge for RuPay credit card use on UPI for transactions up to Rs 2,000

No charge for RuPay credit card use on UPI for transactions up to Rs 2,000

There will be no charge for RuPay credit card use on Unified Payments Interface (UPI) for transactio..

Axis Bank, Samsung launch co-branded credit card

Axis Bank, Samsung launch co-branded credit card

Samsung and Axis Bank have partnered to launch a co-branded credit card, powered by Visa. The card w..

IBBI allows assets of stressed companies to be sold in parts

IBBI allows assets of stressed companies to be sold in parts

The Insolvency and Bankruptcy Board of India (IBBI) has allowed the part sale of assets of a company..

Companies flock back to banks for credit

Companies flock back to banks for credit

Something unusual happened in the sprawling loan market. HDFC Bank let go Rs 50,000 crore of wholesa..

SBI dishonours cheque written in Kannada, fined Rs 85K

SBI dishonours cheque written in Kannada, fined Rs 85K

A State Bank of India (SBI) branch has been fined Rs 85,177 by a consumer forum in Karnataka for dis..

Tamilnad Mercantile Bank IPO subscribed 2.86 times on final day

Tamilnad Mercantile Bank IPO subscribed 2.86 times on final day

Tamilnad Mercantile Bank's initial public offering (IPO) was subscribed 2.86 times on 7 September, t..

Tamilnad Mercantile Bank IPO fully subscribed

Tamilnad Mercantile Bank IPO fully subscribed

The initial public offer (IPO) of Tamilnad Mercantile Bank has got fully subscribed on the second da..

SBI Card launches cashback-focused credit card

SBI Card launches cashback-focused credit card

SBI Card has launched what it calls the country’s first cashback-focused credit card. Cardholders ca..

Bank credit grows 14.2% in June quarter

Bank credit grows 14.2% in June quarter

Bank credit growth accelerated to 14.2% in the quarter ended June 2022 compared to 6% a year ago, RB..

Adani Group ‘deeply overleveraged’, warns CreditSights

Adani Group ‘deeply overleveraged’, warns CreditSights

Gautam Adani's ports-to-power conglomerate is “deeply overleveraged” as the group invests aggressive..

IDFC First Bank poised to take off

IDFC First Bank poised to take off

IDFC First Bank managing director and CEO V Vaidyanathan is probably feeling like a conqueror. The l..

Now you can file unresolved credit score complaint with RBI

Now you can file unresolved credit score complaint with RBI

Credit bureaus will now have to be more accountable. Customers of registered credit bureaus can file..