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
New Delhi, Oct. 5 -- Gold loan companies (GLCs) are eyeing for parity with other non-banking financialcompanies (NBFCs) on the minimum Tier I capital requirementso thattheir capital costs come down an... Read More
New Delhi, Oct. 1 -- For the first time in its nearly 32 years of existence, HDFC Bank will have an outsider helming its operations. ICICI Group veteran Anup Bagchi will be the newManaging Director &a... Read More
New Delhi, Oct. 1 -- Retail banking could get a leg up at Kotak Mahindra Bank (KMB) under Anup Kumar Saha, who is set to take the reins at the Bank on January 01, 2027, for three years, say industry e... Read More
New Delhi, Sept. 27 -- State Bank of India (SBI) is developing products forNon-Resident Indian (NRI) customers who would like to deploy, say, $50,000 or $100,000,in India through GIFT City in foreign ... Read More
New Delhi, Sept. 22 -- India Inc may step up corporate bond issuances in the run up to the central bank's upcoming bi-monthly monetary policy review meeting, which is expected to kick-start a rate hik... Read More