A sliding rupee, rising inflation and shaping of a new world order

A sliding rupee, rising inflation and shaping of a new world order

The rupee breached the psychological barrier of 80 per dollar on Tuesday after hovering around that ..

Bank of Maharashtra Q1 net more than doubles, loan book up 27%

Bank of Maharashtra Q1 net more than doubles, loan book up 27%

State-owned Bank of Maharashtra’s fiscal first quarter net profit  more than doubled to Rs 451...

Yes Bank CEO unveils 3-course plan

Yes Bank CEO unveils 3-course plan

Yes Bank chief executive officer Prashant Kumar has put plenty on his plate. He has roped in a partn..

RBI penalises Federal Bank, Bank of India

RBI penalises Federal Bank, Bank of India

Federal Bank has been fined Rs 5.72 crore by the Reserve Bank of India (RBI) for deficiencies in reg..

Razorpay, Stripe, Pine Labs get RBI nod for payment aggregator licence

Razorpay, Stripe, Pine Labs get RBI nod for payment aggregator licence

Online payment gateways Razorpay, Stripe and Pine Labs have received approval from the Reserve Bank ..

HDFC Bank loses Rs 50,000-cr corporate loans to competition due to rate hike

HDFC Bank loses Rs 50,000-cr corporate loans to competition due to rate hike

HDFC Bank has paid a price for hiking interest rates on loans.  The country’s largest private l..

HDFC Bank Q1 net up 19%; MTM loss at Rs 1,311.7 cr

HDFC Bank Q1 net up 19%; MTM loss at Rs 1,311.7 cr

HDFC Bank reported a 19% year-on-year rise in standalone net profit to Rs 9,195.99 crore for the qua..

HDFC Bank chairman speaks on gains from merger, neotech partners, branch expansion

HDFC Bank chairman speaks on gains from merger, neotech partners, branch expansion

The board of HDFC Bank is closely monitoring the process for approval of various aspects of the merg..

ARCs eye stressed retail loans amid market changes

ARCs eye stressed retail loans amid market changes

Asset reconstruction companies (ARCs) are racing to acquire non-performing retail loans as they see ..

Yes Bank gets JC Flowers ARC to unload Rs 48,000 cr of bad loans

Yes Bank gets JC Flowers ARC to unload Rs 48,000 cr of bad loans

Yes Bank on Friday said it has signed a term sheet with JCF ARC LLC and JC Flowers Asset Reconstruct..

SBI raises MCLR by 10 basis points

SBI raises MCLR by 10 basis points

The State Bank of India (SBI) has raised its marginal cost of funds-based lending rate (MCLR) on loa..

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 ..

Bank of Maharashtra bucks the trend, cuts MCLR

Bank of Maharashtra bucks the trend, cuts MCLR

Bank of Maharashtra has cut its marginal cost of funds-based lending rate (MCLR) on loans, making it..

ED files FIR against entities, IndusInd Bank staff over remittance irregularities

ED files FIR against entities, IndusInd Bank staff over remittance irregularities

An investigation by the enforcement directorate (ED) pertaining to remittance transactions during 20..

We plan to grow our retail assets to 50% within four years

We plan to grow our retail assets to 50% within four years

When did Edelweiss ARC decide to do more retail loan buyouts?When corporate loan demand declined and..