Donald Trump’s 90-day tariff pause and a cooling inflation almost guarantees two more successive interest rate cuts; RBI Governor Sanjay Malhotra’s reign, however, coincides with a topsy-turvy world, gone chaotic and in process of being rebuilt through complex formations.
IndusInd Bank has not quite gathered the dirt of Yes Bank when it sank in 2020; bank’s fault line is currently restricted to discrepancies in forex derivatives accounting and not to spike in bad loans.
Only few private sector banks have responded early to repo cut as deposits lagging behind loan growth is a constraint; RBI’s assurance of liquidity surplus may encourage more banks to cut deposit rates.
The affiliate firms of Warburg Pincus and ADIA will own 15% stake in IDFC First Bank; fund raise will fuel lender's next phase of growth.
RBI cuts repo rate by 25 basis points for second consecutive time; indicates more may come amid global uncertainties following Donald Trump’s sweeping imposition of tariffs.
IndusInd Bank's share price goes diving after discrepancies in accounting of derivatives portfolio come to light. Here is how and what happened to the country’s fifth-largest private sector bank.
Amid missed targets, liquidity crunch and market slide, most banks have seen deposits lag behind loan growth in the March quarter.
RBI issues draft circular proposing stronger norms for loans given against gold ornaments and jewellery; aim is to harmonise rules across different regulated entities.
The proposals range from securitisation of stressed assets to gold loans, co-lending and UPI transaction limit.
After RBI’s repo rate cut, several PSU banks have revised lending rates by up to 35 basis points; interest rates on home and personal loans to fall.