New Delhi, Oct. 27 -- Yes Bank Ltd's additional tier-I (AT1) bondholders have written to the government and financial market regulators seeking timely implementation of a recent Supreme Court judgment... Read More
Mumbai, Oct. 27 -- When Anup Bagchi takes charge as managing director and chief executive of HDFC Bank on 27 October, he will inherit an institution with a robust balance sheet that also faces questio... Read More
Mumbai, Oct. 26 -- Non-banking financial companies (NBFCs) are turning cautious on rural lending as deficient monsoon rainfall and El Nino-related drought risks threaten farm incomes, consumption and ... Read More
Mumbai, Oct. 24 -- Kotak Mahindra Bank expects its net interest margin (NIM) to remain around the second-quarter level in the coming quarters as the full impact of high-cost foreign currency non-resid... Read More
Mumbai, Oct. 23 -- The economy is holding up well despite rising tensions in West Asia, but higher oil prices, supply chain disruptions, and growing inflationary pressures are beginning to cloud the o... Read More
Mumbai, Oct. 21 -- After two years of a golden run, India's gold loan market could be showing signs of strain. With the precious metal's prices retreating and households taking on more debt, some of t... Read More
Mumbai, Oct. 21 -- The Reserve Bank of India's (RBI) monetary policy committee (MPC) has warned that broadening price pressures could prolong its rate-hiking cycle, with policymakers flagging the risk... Read More
MUMBAI, Oct. 19 -- The reinstatement of Yes Bank's Rs.8,415 crore of additional Tier 1 (AT1) bonds that were written down in 2020 will not entail a cash outflow on the principal, managing director and... Read More
New Delhi, Oct. 19 -- Bajaj Finance Ltd is limiting exposure to over-leveraged borrowers to protect credit quality, as risks rise in India's unsecured lending market. The non-bank lender plans to hal... Read More
Mumbai, Oct. 19 -- A surge in foreign-currency deposits has bolstered Indian banks' liquidity and supported strong credit growth, but the funds have also squeezed net interest margins (NIMs) in the Se... Read More