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..

Alarmed depositors flock to Lakshmi Vilas Bank branches

Alarmed depositors flock to Lakshmi Vilas Bank branches

Chaos and confusion prevailed in many branches of Lakshmi Vilas Bank (LVB) as depositors and custome..

Lack of corporate governance led to the mess in Yes Bank

Lack of corporate governance led to the mess in Yes Bank

After being put in charge of a dying bank, are you satisfied with the recovery progress?Yes Bank was..

All bank accounts should be linked with Aadhaar by March 2021: FM

All bank accounts should be linked with Aadhaar by March 2021: FM

Banks must ensure that all accounts are linked with Aadhaar numbers of respective customers by 31 Ma..

Lenders ask bidders to sweeten their bids for troubled DHFL

Lenders ask bidders to sweeten their bids for troubled DHFL

The DHFL Committee of Creditors (CoC) met on 26 December to examine the detailed presentations made ..

Rajnish Kumar to live in a rented house in Delhi, write a book

Rajnish Kumar to live in a rented house in Delhi, write a book

MUMBAI: Rajnish Kumar is going to write a book which will chronicle his journey from Meerut in Uttar..

Federal Bank expects to restructure Rs 1,000 cr of corporate loans

Federal Bank expects to restructure Rs 1,000 cr of corporate loans

MUMBAI: Private sector lender Federal Bank is expecting to restructure loans worth Rs 3,500 crore, o..

Troubled Lakshmi Vilas Bank gets board nod to raise Rs 500 cr via rights issue

Troubled Lakshmi Vilas Bank gets board nod to raise Rs 500 cr via rights issue

MUMBAI:Lakshmi Vilas Bank, which badly needs capital to meet regulatory requirements, has got board ..

Kotak launches debit & credit card payments via Google Pay

Kotak launches debit & credit card payments via Google Pay

Kotak Mahindra Bank today announced that its VISA debit and credit cardholders can now make payments..

A look at the credit card market in India

A look at the credit card market in India

1. Credit card landscape over the last 5 yearsThe credit card landscape has changed substantially ov..

Debt restructuring figure of Rs 8 trillion is grossly overestimated

Debt restructuring figure of Rs 8 trillion is grossly overestimated

How much of bank credit would go for one-time debt restructuring under the Reserve Bank of India's s..

Decks cleared for credit policy after MPC gets reconstituted

Decks cleared for credit policy after MPC gets reconstituted

MUMBAI: After a surprise cancellation of the credit policy meet scheduled for 1 October, the governm..

Edelweiss ARC's growth plans in COVID-ravaged year

Edelweiss ARC's growth plans in COVID-ravaged year

After leading Edelweiss ARC to a record recovery in FY20, managing director and CEO RK Bansal stares..

Household stress building up, bank credit growth sluggish

Household stress building up, bank credit growth sluggish

My sister, a homemaker, wanted to buy an SUV, but she postponed the decision after her husband had a..

RBI credit policy now on 9 Oct

RBI credit policy now on 9 Oct

The Reserve Bank of India will unveil its monetary policy on 9 October. Traditionally, Credit policy..