Yes Bank targets Rs 10,000 cr loan disbursal to retail, MSME in Q3

Yes Bank targets Rs 10,000 cr loan disbursal to retail, MSME in Q3

After breaking down due to heavy exposure in corporate credit, Yes Bank has set sights on retail and..

India's manufacturing PMI sinks to 3-month low in Nov

India's manufacturing PMI sinks to 3-month low in Nov

Slower increases in factory orders, exports and buying levels have pulled down India's manufacturing..

Banks push deadline for DHFL bid to 10 Dec amid Adani's revised offer

Banks push deadline for DHFL bid to 10 Dec amid Adani's revised offer

With billionaire Gautam Adani's group outbidding US-based Oaktree, lenders to the bankrupt Dewan Hou..

Core infra sector contracts 8th month in a row

Core infra sector contracts 8th month in a row

For the eighth consecutive month, the core infrastructure sector contracted mainly because of a slum..

India's Q2 GDP rebounds at -7.5% amid technical recession

India's Q2 GDP rebounds at -7.5% amid technical recession

India's economy has entered into first technical recession since 1996 when the country began quarter..

Bombay HC refuses to stay Lakshmi Vilas Bank-DBS merger

Bombay HC refuses to stay Lakshmi Vilas Bank-DBS merger

Adivision bench of Justices Nitin Jamdar and Milind Jadhav was hearing petitions filed by a group of..

Home loan interest rates to remain low for next 6-12 months: HDFC chief Keki Mistry

Home loan interest rates to remain low for next 6-12 months: HDFC chief Keki Mistry

With the Reserve Bank of India (RBI) improving liquidity in the market, interest rates on home loans..

Bank credit growth decelerates to 5.8% in Sep quarter: RBI data

Bank credit growth decelerates to 5.8% in Sep quarter: RBI data

Bank credit growth has decelerated to 5.8% in the Sep quarter from 8.9% in the year-ago period, acco..

SBI raises Rs 2,500 cr via bonds

SBI raises Rs 2,500 cr via bonds

State Bank of India has raised Rs 2,500 crore from bonds to fund business growth. Last month, SBI ha..

RBI rejects Muthoot Finance's proposal to buy IDBI AMC

RBI rejects Muthoot Finance's proposal to buy IDBI AMC

The Reserve Bank of India on Tuesday rejected Kerala-based Muthoot Finance's proposal to acquire IDB..

Large NBFCs likely to get banking licences

Large NBFCs likely to get banking licences

The internal working group of the Reserve Bank of India (RBI) has recommended allowing large non-ban..

Who stands to gain if RBI panel proposals sail through

Who stands to gain if RBI panel proposals sail through

The RBI had constituted an internal working group on 12 June to review ownership guidelines and corp..

The collapse of Lakshmi Vilas Bank and DBS as rescuer

The collapse of Lakshmi Vilas Bank and DBS as rescuer

The recent consolidation in the banking sector in India has been prompted more by distress than by s..

RBI panel paves way for entry of large corporate houses into banks

RBI panel paves way for entry of large corporate houses into banks

The Reserve Bank of India (RBI) may be finally opening up the banking sector to large industrial hou..

Large NBFCs can convert into banks: RBI panel

Large NBFCs can convert into banks: RBI panel

The RBI internal working group suggests that well-run large non-banking financial companies (NBFCs),..