Mumbai, Jan. 8 -- State Bank of India on Wednesday tapped the short-term debt market to raise around Rs.6,000 crore through certificates of deposit (CDs) at a rate of 6%, a rare move by India's larges... Read More
Mumbai, Jan. 8 -- IDFC First Bank has cut interest rates and tweaked slabs for savings accounts by up to 200 basis points for certain categories, marking one of the sharpest reductions by a private le... Read More
New Delhi, Jan. 6 -- The rupee is expected to continue its long-term depreciation, reaching 94 against the dollar by FY27, as structural headwinds outweigh temporary relief from easing trade tensions,... Read More
MUMBAI, Jan. 6 -- Indian banks are set to report a steady recovery in business momentum in the December quarter (Q3FY26), led by a pick-up in credit growth, stable asset quality, largely better margin... Read More
MUMBAI, Jan. 5 -- The Reserve Bank of India on Monday said governor Sanjay Malhotra met managing directors and chief executive officers of select non-banking financial companies (NBFCs), urging them t... Read More
MUMBAI, Jan. 5 -- Indian banks are set to report a steady recovery in business momentum in the December quarter (Q3FY26), led by a pick-up in credit growth, stable asset quality, largely better margin... Read More
Mumbai, Jan. 3 -- Indian banks lent more money in 2025 than they gathered through deposits in the year, as low deposit rates and investors' preference for other instruments weighed on inflows. This h... Read More
New Delhi, Dec. 31 -- The Reserve Bank of India (RBI) has underlined rising stress in the unsecured lending portfolios of private sector banks, noting that while overall asset quality appears stable, ... Read More
Mumbai, Dec. 29 -- The Unified Lending Interface (ULI), India's digital public infrastructure for frictionless credit delivery, has seen a sharp rise in adoption over the past year, showed the Reserve... Read More
New Delhi, Dec. 29 -- Funds raised by banks through private placements, qualified institutional placement and preferential allotment have decreased to their lowest over the last three financial years,... Read More