Mumbai, Sept. 3 -- Non-banking financial companies (NBFCs) and housing finance companies (HFCs) need to diversify their funding sources and reduce their vulnerability to shifts in market sentiment and... Read More
Mumbai, Sept. 3 -- The RBI's FCNR(B) scheme drew $127.2 billion from non-resident Indians, accounting for 93.3% of the $136.4 billion raised under its dollar-inflow initiative by August 31. The surge ... Read More
Mumbai, Sept. 3 -- A torrent of dollar deposits has crashed short-term borrowing costs for banks, as India's ambitious plan targeting overseas citizens closes with a resounding success. Interest rates... Read More
Mumbai, Sept. 3 -- A torrent of dollar deposits has crashed short-term borrowing costs for banks, as India's ambitious plan targeting overseas citizens closes with a resounding success. Interest rates... Read More
Mumbai, Sept. 3 -- The RBI's FCNR(B) scheme drew $127.2 billion from non-resident Indians, accounting for 93.3% of the $136.4 billion raised under its dollar-inflow initiative by August 31. The surge ... Read More
Mumbai, Sept. 3 -- The RBI's FCNR(B) scheme drew $127.2 billion from non-resident Indians, accounting for 93.3% of the $136.4 billion raised under its dollar-inflow initiative by August 31. The surge ... Read More
MUMBAI, Sept. 1 -- The Reserve Bank of India's (RBI) foreign currency non-resident bank (FCNR (B)) deposit window closed on Monday after attracting a much larger-than-expected pool of dollars, even as... Read More
New Delhi, Aug. 31 -- For over three decades, Sashidhar Jagdishan was the HDFC Bank insider who rose through the ranks to inherit its most coveted seat. He joined the bank in 1996, spent years running... Read More
Mumbai, Aug. 27 -- India Ratings and Research has raised its banking-sector credit growth forecast to 15% for the current financial year from 13% earlier, but warned that the current pace of expansion... Read More
Mumbai, Aug. 27 -- HDFC Bank has been sued in the US by investors who allege the bank violated US securities laws, causing them losses, and are seeking compensation. The lawsuit escalates a controvers... Read More