Why Vaidyanathan is bullish on IDFC First Bank’s rural loan book

Why Vaidyanathan is bullish on IDFC First Bank’s rural loan book

IDFC First Bank has built a rural loan book of substantial size which fetches good margins, is of hi..

Unclaimed deposits with banks leap 26% to Rs 78,213 crore

Unclaimed deposits with banks leap 26% to Rs 78,213 crore

Unclaimed deposits with banks have jumped 26% year-on-year to Rs 78,213 crore at the end of March 20..

IDFC First Bank to raise Rs 3,200 cr via preferential issue

IDFC First Bank to raise Rs 3,200 cr via preferential issue

IDFC First Bank’s board has approved a proposal to raise Rs 3,200 crore through a preferential allot..

Why banks worry as RBI aims to tighten project finance norms

Why banks worry as RBI aims to tighten project finance norms

The unanticipated contest between the Great Indian Bustard and the solar energy companies in vast tr..

New interview date for SBI chairman’s post after poll results

New interview date for SBI chairman’s post after poll results

The contenders for the post of chairman of State Bank of India (SBI) will have to wait for another i..

Creditors’ haircuts in bankruptcy cases rise to 73% in FY24

Creditors’ haircuts in bankruptcy cases rise to 73% in FY24

The haircuts taken by creditors in bankruptcy resolutions have increased to 73% in FY24, from  ..

PNB plans Rs 7,500 crore capital raise via QIP

PNB plans Rs 7,500 crore capital raise via QIP

Punjab National Bank (PNB) plans to complete a significant share sale to institutional investors wit..

RBI’s project finance proposals: SBI may raise rates on infra loans

RBI’s project finance proposals: SBI may raise rates on infra loans

State Bank of India (SBI), the country’s largest lender, may reprice infrastructure loans upwards if..

RBI directs banks to review unfair lending practices

RBI directs banks to review unfair lending practices

The Reserve Bank of India (RBI) has directed lenders on Monday to review practices such as disbursal..

IDFC First Bank approves reappointment of Vaidyanathan as MD & CEO

IDFC First Bank approves reappointment of Vaidyanathan as MD & CEO

The board of IDFC First Bank has approved the re-appointment of V Vaidyanathan as the managing direc..

Bank of Maharashtra Q4 net up 45%, plans to raise Rs 7,500 cr

Bank of Maharashtra Q4 net up 45%, plans to raise Rs 7,500 cr

Bank of Maharashtra has reported a 45% year-on-year jump in its net profit to Rs 1,218 crore for the..

IDFC First Bank CEO Vaidyanathan gifts shares worth Rs 5 crore

IDFC First Bank CEO Vaidyanathan gifts shares worth Rs 5 crore

IDFC First Bank managing director and CEO V Vaidyanathan’s philanthropic nature is well known. In a ..

Yes Bank co-founder Rana Kapoor gets bail

Yes Bank co-founder Rana Kapoor gets bail

A special court in Mumbai on April 19 granted bail to Yes Bank co-founder Rana Kapoor in the Rs 466...

HDFC Credila raises $100 mn for loan expansion

HDFC Credila raises $100 mn for loan expansion

HDFC Credila Financial Services, an education loans-focused lender, has raised $100 million in exter..

Union Bank raises $500 mn from foreign markets

Union Bank raises $500 mn from foreign markets

State-owned Union Bank of India has raised $500 million (about Rs 4,200 crore) from foreign markets ..