How the bond yields will respond to RBI’s rate hikes

How the bond yields will respond to RBI’s rate hikes

The 10-year benchmark bond yield will stay between 7.20% to 7.45% with the markets having factored i..

RBI frontloads rate hikes, more to come

RBI frontloads rate hikes, more to come

The Reserve Bank of India monetary policy committee (MPC) voted unanimously for a second back-to-bac..

Monetary Policy: Repo rate hike and other key highlights

Monetary Policy: Repo rate hike and other key highlights

The Reserve Bank of India (RBI) has hiked the repo rate by 50 basis points (bps) for the third strai..

NRIs can pay electricity, other bills for their families in India via BBPS

NRIs can pay electricity, other bills for their families in India via BBPS

Non-resident Indians (NRIs) will soon be able to make utility, education and other bill payments on ..

Retail borrowers to see sharp rise in EMIs

Retail borrowers to see sharp rise in EMIs

For retail and corporate borrowers, equated monthly instalments (EMIs) will climb after the Reserve ..

Inflation peaking but still uncomfortably high: RBI

Inflation peaking but still uncomfortably high: RBI

India’s inflation seems to have peaked and will moderate but is still at uncomfortably high levels, ..

PNB, ICICI Bank raise lending rates on day of RBI’s policy announcement

PNB, ICICI Bank raise lending rates on day of RBI’s policy announcement

Private lender ICICI Bank and state-owned Punjab National Bank (PNB) have raised their lending rates..

Axis Bank winding up UK subsidiary

Axis Bank winding up UK subsidiary

Private lender Axis Bank is winding up its subsidiary in Britain as part of its strategy to focus on..

Home loan rates set to rise

Home loan rates set to rise

Interest rates for home loans are set to further rise after mortgage lender HDFC on Saturday announc..

RBI allows PNB to invest Rs 500 cr in housing finance arm’s rights issue

RBI allows PNB to invest Rs 500 cr in housing finance arm’s rights issue

The Reserve Bank of India (RBI) has allowed Punjab National Bank (PNB) to invest Rs 500 crore in the..

SBI Card reports two-fold rise in Q1 net profit

SBI Card reports two-fold rise in Q1 net profit

SBI Cards and Payment Services Ltd (SBI Card) has reported a two-fold rise in net profit to Rs 627 c..

IDFC First Bank posts highest-ever quarter profit at Rs 474 cr

IDFC First Bank posts highest-ever quarter profit at Rs 474 cr

IDFC First Bank reported a net profit of Rs 474 crore for the quarter ended June 2022, its highest-e..

Bank of Baroda to unload 12.5% stake in insurance arm

Bank of Baroda to unload 12.5% stake in insurance arm

Bank of Baroda has decided to divest up to 12.5% stake in its insurance arm, IndiaFirst Life Insuran..

Bank of Baroda eyes Rs 13,000-cr recovery in FY23

Bank of Baroda eyes Rs 13,000-cr recovery in FY23

Bank of Baroda is expecting a sharp improvement in its asset quality as it targets recovery of Rs 13..

PNB CEO targets higher bad loan recovery, double-digit credit growth in FY23

PNB CEO targets higher bad loan recovery, double-digit credit growth in FY23

Punjab National Bank (PNB) is looking to recover Rs 32,000 crore worth of bad loans and reduce its n..