New Delhi, Nov. 9 -- Small Finance Banks (SFBs) want the Reserve Bank of India (RBI) to ease up on a key regulatory prescription that requires at least 50 per cent of their loan portfolio to comprise ... Read More
New Delhi, Nov. 9 -- Bank of Baroda (BoB) has decided to up its marginal cost of funds-based lending rate (MCLR) by 5 to 20 basis points (bps) with effect from November 12. The public sector bank has ... Read More
New Delhi, Nov. 4 -- Collection-as-a-Service (CaaS) is expected toemergeas a 'win-win' for Asset Reconstruction Companies (ARCs) and lenders in tackling stressed loans in the financial system, accordi... Read More
New Delhi, Nov. 1 -- Banks seem to be holding off upping term deposit rates in the wake of the hike in repo rate and shrinking liquidity surplus by relying on Certificate of Deposits (CD) issuances fo... Read More
New Delhi, Oct. 26 -- Yes Bank finds itself at a crossroads following the Supreme Court's recent judgment upholding the January 2023 Bombay High Court decision to reinstate the additional tier-1 (AT-1... Read More
New Delhi, Oct. 20 -- With the secondary market yield of the benchmark 10-year GovernmentSecurity (G-Sec)(6.94 per cent GS2036) spiking to 7.40 per cent levels,and cut-offs at the weekly G-Secs auctio... Read More
New Delhi, Oct. 14 -- While Fairfax Financial Holdings Ltd (FFHL)-backed "10955230 Canada Inc." has emerged as the successful bidder in the strategic restructuring of IDBI Bank, FFHL will now face the... Read More
New Delhi, Oct. 13 -- While the rupee got a 145-paise boost in the last two trading sessions after the Reserve Bank of India announced a host of measures over the weekend to curb speculation and volat... Read More
New Delhi, Oct. 7 -- The Reserve Bank of India's rate-setting panel, after a gap of four years, has kicked off a fresh rate-hike cycle. On Wednesday, the central bank raised the repo rate by 25 basis ... Read More
New Delhi, Oct. 5 -- In an indication that the financial system is being primed for a rate hike, the Reserve Bank of India has decided to conduct an overnight variable rate reverse repo (VRRR) auction... Read More