Dhanlaxmi Bank posts strong credit growth in FY23

Dhanlaxmi Bank posts strong credit growth in FY23

Kerala-headquartered Dhanlaxmi Bank has reported a strong business year with credit growing by 16.85..

Canara Bank Rupay Credit Card on UPI

Canara Bank Rupay Credit Card on UPI

Canara Bank, in collaboration with NPCI, has launched the Rupay Credit Card through UPI using the BH..

Bank credit, deposit trends in Q3

Bank credit, deposit trends in Q3

Most banks who have provided provisional data for the fiscal third-quarter have shown strong loan an..

Banks may increase deposit rates amid rise in credit growth

Banks may increase deposit rates amid rise in credit growth

Banks may have to further hike deposit rates to meet a surge in credit demand, the Reserve Bank of I..

HDFC Bank looks to issue a million credit cards a month

HDFC Bank looks to issue a million credit cards a month

HDFC Bank is planning to make up for its lost ground in the credit card business after the Reserve B..

Banks to see record credit growth of Rs 19 trillion in FY23: ICRA

Banks to see record credit growth of Rs 19 trillion in FY23: ICRA

Bank credit growth is expected to touch a new high, surpassing the Rs 19 trillion in the current fis..

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..

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..

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..

Canara Bank CEO sees ‘decent’ double-digit credit growth; credit card arm likely by Q3

Canara Bank CEO sees ‘decent’ double-digit credit growth; credit card arm likely by Q3

Canara Bank plans to raise Rs 7,000 crore in the remaining part of the financial year and float a cr..

IndusInd Bank eyes 20% credit growth in FY23

IndusInd Bank eyes 20% credit growth in FY23

Private sector lender IndusInd Bank reported a 64.4% year-on-year rise in net profit to Rs 1,603.29 ..

RBI’s data on bank credit, deposit growth

RBI’s data on bank credit, deposit growth

Bank credit grew by 13.29% to Rs 123.81 lakh crore and deposits by 9.77% to Rs 169.61 lakh crore in ..

RBI disallows non-banks from loading credit lines on prepaid payment instruments

RBI disallows non-banks from loading credit lines on prepaid payment instruments

The Reserve Bank of India (RBI) has disallowed non-bank pre-paid wallets and pre-paid cards from loa..

Canara Bank plans to float credit card arm, rope in partner

Canara Bank plans to float credit card arm, rope in partner

State-run Canara Bank is planning to float a credit card subsidiary and is looking to rope in a part..

Bank of Maharashtra raises Rs 290 cr, eyes 16% credit growth in FY23

Bank of Maharashtra raises Rs 290 cr, eyes 16% credit growth in FY23

Bank of Maharashtra, which raised Rs 290 crore by issuing Basel III compliant additional tier 1 (AT1..