The government has hiked interest rates on select saving schemes by up to 30 basis points for the Ju..
The share of loans bearing over 9% interest rate rose to 56.1% in March 2023 from 31.4% a year ago, ..
Retail loans have grown faster and the share of large borrowers in gross advances have declined succ..
Bad debt from credit cards in public sector banks has doubled to 18% at the end of FY2023, the Reser..
After bloating in FY22, the claims settled by Deposit Insurance and Credit Guarantee Corporation (DI..
Bank credit growth, which has been rising since early 2022, stood at 15.4% on 2 June 2023, according..
The bad loan ratio for Indian banks touched a ten-year low of 3.9% aBad loan ratio for Indian banks ..
The Indian economy has made a solid recovery and is among the fastest-growing large economies despit..
IDFC First Bank raised Rs 1,500 crore through Basel-III compliant Tier-II bonds maturing in 10 years..
The Reserve Bank of India (RBI) has granted non-banking institution licence to Karnataka-based Mahal..
The Reserve Bank of India (RBI) has slapped penalties on Standard Chartered Bank-India, TransUnion C..
The lenders of Go First have approved an in-principle interim funding of Rs 425 crore for the crisis..
Despite a sudden surge in liquidity, bank deposit rates are unlikely to fall while borrowing costs c..
More than two-thirds of the Rs 2,000 currency notes have returned to the banking system a month afte..
India’s bank credit growth has been powered by retail lending over the last few years and this is cy..
