War jitters push NBFCs into cautious mode

Mumbai, March 27 -- Non-bank lenders are growing cautious about lending as the war in West Asia raises concerns over funding costs, borrower stress and asset quality, according to industry executives.... Read More

Future corporate leaders key to Kotak bank's wholesale strategy: Jay Kotak

Mumbai, March 27 -- Kotak Mahindra Bank is sharpening its focus on building relationships with the next generation of Indian businesses, said Jay Kotak, co-head at Kotak 811, the digital banking platf... Read More

World may face recession in weeks if Hormuz stays shut: Axis Bank's Mishra

Mumbai, March 26 -- The world could be staring at a recession within weeks if the ongoing war in West Asia doesn't ease by the middle of April, Neelkanth Mishra, chief economist at Axis Bank, warned o... Read More

NBFCs turn cautious as West Asia war raises funding and credit concerns

Mumbai, March 26 -- Non-banking financial companies (NBFCs) are turning increasingly cautious on lending as the war in West Asia raises concerns over funding costs, borrower stress and asset quality, ... Read More

RBI steps back on forex intervention as war bites

Mumbai, March 23 -- After having aggressively defended the rupee earlier this month, the Reserve Bank of India (RBI) is now easing back from intervention as the escalating West Asia conflict roils glo... Read More

Rupee slips past 93 for first time on oil shock

MUMBAI, March 21 -- The rupee plummeted below 93 to a dollar on Friday as importers jostled for dollars, breaching a psychologically crucial level. The local currency, which has lost 3% since the outb... Read More

Rupee slides past 93 for first time on oil shock

MUMBAI, March 21 -- The rupee plummeted below 93 to a dollar on Friday as importers jostled for dollars, breaching a psychologically crucial level. The local currency, which has lost 3% since the outb... Read More

Another day, another low: Rupee slips past 93 a dollar, for the first time ever

New Delhi, March 20 -- The rupee plummeted below 93 to a dollar on Friday as importers jostled for dollars, breaching a psychologically crucial level. The local currency, which has lost 3% since the o... Read More

SBI shifts 64 staffers from West Asia to Mumbai, moves operations amid escalating regional conflict

New Delhi, March 20 -- State Bank of India has evacuated 64 employees from West Asia to Mumbai over the past few days as the country's largest lender activated a business continuity plan in response t... Read More

RBI backs HDFC Bank, says no governance concerns

India, March 20 -- A day after HDFC Bank's Chairman Atanu Chakraborty resigned, the Reserve Bank of India on Thursday said it held no concerns on the "conduct or governance" at India's largest private... Read More

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