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L&T Finance's Lakshya is delivery: Sudipta Roy

New Delhi, Aug. 3 -- L&T Finance expects to complete its transformation into a diversified retail financial services company by 2031, with a strong presence across both urban and rural India. In ... Read More


'We are committed to ensuring financial stability'

New Delhi, July 27 -- Ahead of the upcoming Monetary Policy Committee meeting in August, Reserve Bank of India Governor Sanjay Malhotra sat down withbusinesslineon Sunday for a comprehensive interview... Read More


Saraswat Co-op Bank charts out ambitious plan to double total biz to Rs.2 lakh crore, become a pan-India bank within 6 years

New Delhi, July 23 -- Saraswat Co-operative Bank has chartered out an ambitious growth plan to double its total business (deposits plus advances) to Rs.2 lakh crore and become a pan-India bank within ... Read More


Small Finance Banks seek level playing field in co-lending market

New Delhi, July 10 -- Small finance banks (SFBs) are making a fresh push for being allowed to participate in co-lending arrangements with banks and non-banking financial companies (NBFCs) so that they... Read More


'Small' only in name, not in reach

New Delhi, July 6 -- It has been close to a decade since small finance banks (SFBs) commenced operations. These niche banks, set up to further financial inclusion, have given a good account of themsel... Read More


HDFC Bank chief reappointment: Legal review bolsters case, but RBI unlikely to be swayed

New Delhi, June 28 -- HDFC Bank's board may seek to reappoint Sashidhar Jagdishan as MD & CEO for a third term following a legal review by two external law firms engaged by the bank that found no ... Read More


Kotak Bank open to acquisitions at right price; Focus on profitability over market share, saysWholetime Director Kashyap

New Delhi, June 21 -- "We are chasing profitability, not market-share rankings," said Paritosh Kashyap, Wholetime Director at Kotak Mahindra Bank. In an interview with businessline, he outlined the ba... Read More


Banks dangle mega returns to lureNRIstoFCNR(B) deposits

New Delhi, June 16 -- In a bold push to attract global Indian capital, Indian banks are spotlighting theirFCNR(B) deposit scheme with a headline-grabbing promise: Dollar returns of up to 14 per cent a... Read More


Banks want RBI to relax liquidity buffer norm relating to institutional deposits

New Delhi, June 9 -- In the backdrop of the gradual structural shift in deposits, banks want the Reserve Bank of India to relax the so-called "run-off factor" on institutional deposits under the Liqui... Read More