Mumbai, May 1 -- The board of Federal Bank has approved the acquisition of a select portfolio of retail credit cards from UK-based Standard Chartered, the private sector lender informed the exchanges ... Read More
MUMBAI, April 30 -- Indian Bank expects steady balance-sheet growth in fiscal year 2026-27 (FY27) but warned that margins could remain under pressure as deposit costs stay elevated and funding growth ... Read More
Mumbai, April 30 -- The board of Federal Bank has approved the acquisition of a select portfolio of retail credit cards from UK-based Standard Chartered, the private sector lender informed the exchang... Read More
Mumbai, April 29 -- The Reserve Bank of India has allowed banks and non-bank lenders to restructure loans of borrowers hit by natural calamities without waiting for their requests, a move that gives l... Read More
New Delhi, April 29 -- Federal Bank is dialing back its focus on housing loans due to intense market competition and unattractive yields, managing director and CEO KVS Manian said, adding that the ban... Read More
MUMBAI, April 28 -- A day after the Reserve Bank of India (RBI) directed banks to transition to the expected credit loss (ECL) framework for recognizing stressed loans, Bandhan Bank on Tuesday said it... Read More
MUMBAI, April 27 -- The Reserve Bank of India (RBI) on Monday issued final rules on banks' credit risk framework, tightening capital treatment for credit card borrowers while easing requirements for e... Read More
MUMBAI, April 25 -- IDFC First Bank on Saturday said the impact of the Rs.590 crore fraud uncovered in February is now behind it, with the episode having no effect on new business during the March qua... Read More
Mumbai, April 24 -- Shriram Finance Ltd expects its cost of funds to decline by around 1% over the next 18 months as the non-banking financial company (NBFC) looks to restructure its debt following a ... Read More
Mumbai, April 24 -- Belgium's Ageas Insurance is prepared to invest additional capital in India to break into the country's top 10 life insurers in the next three to four years, provided returns on eq... Read More