inflation, growth to decide future cuts, says RBI Guv

Mumbai, July 16 -- The future rate decisions of the central bank's Monetary Policy Committee could go either way, depending on the inflation outlook and economic growth, said governor Sanjay Malhotra,... Read More

RBI governor says inflation, growth equally important to decide future rate cuts

Mumbai, July 15 -- The future rate decisions of the central bank's Monetary Policy Committee could go either way, depending on the inflation outlook and economic growth, said governor Sanjay Malhotra,... Read More

HDFC Bank raises bets on GenAI for productivity gains

Mumbai, July 15 -- India's largest private sector lender HDFC Bank has identified over 15 programmes that will use generative artificial intelligence (GenAI), chief executive Sashidhar Jagdishan told ... Read More

Bond appetite: Corporate debt issuances on track to shatter another record

New Delhi, July 10 -- Corporate bond issuances are expected to scale another record in the ongoing fiscal as Indian companies continue to raise funds at cheaper costs from the debt market, when banks ... Read More

Saraswat Co-operative Bank to acquire fraud-hit New India Co-operative Bank

New Delhi, July 1 -- Saraswat Co-operative Bank Ltd (SCBL) on Tuesday said it will acquire the beleaguered New India Co-operative Bank Ltd (NICBL), in a relief to depositors who were unable to fully a... Read More

Mint Explainer: What Pankaj Dwivedi's demotion tells us about sexual harassment cases at public sector banks

New Delhi, July 1 -- On 24 June the union government demoted Pankaj Dwivedi from his post as executive director of Union Bank of India to his previous role as general manager at Punjab & Sind Bank. Dw... Read More

India's riskier corporate bonds are booming as investors chase yields

Mumbai, June 25 -- India's riskiest category of investment-grade corporate bonds is drawing record interest from wealthy investors and alternative funds, as falling benchmark yields push savvier buyer... Read More

Municipal bodies still shun public bond issues. There's a lot that's holding them back

Mumbai, June 19 -- India's municipal corporations continue to prefer private debt placements over public issuances to fund development projects due to ease and speed of execution, lower compliance bur... Read More

PFC's repeated withdrawals could hit fresh zero-coupon debt issuances

New Delhi, June 12 -- Issuer interest in zero-coupon bonds (ZCBs) faces a potential setback after state-run Power Finance Corporation (PFC) pulled its planned offering for a second time in a row, repo... Read More

RBI rate cut: How it impacts lenders?

Mumbai, June 7 -- The Reserve Bank of India's (RBI) Monetary Policy Committee on Friday cut the repo rate by 50 basis points (bps) to 5.50%. This is the third straight rate cut, leading to a cumulativ... Read More

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