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DHFL receives interest from at least 15 bidders

New Delhi, Feb. 17 -- At least 15 suitors have shown interest in acquiring troubled mortgage financier Dewan Housing Finance Corp. Ltd (DHFL) under the bankruptcy process before the deadline for submi... Read More


Small banks may get a trust vote with hike in deposit insurance

Mumbai, Feb. 3 -- The Union budget proposal to raise deposit insurance fivefold is expected to increase confidence in small private sector banks, small finance banks and cooperative banks, two industr... Read More


Q3 Results: Essar Steel resolution helps SBI post its best quarterly profit ever

Mumbai, Jan. 31 -- State Bank of India (SBI), the country's largest lender, reported its highest quarterly profit on Friday as it wrote back provisions on bad loans owing to recovery of Rs.11,000 cror... Read More


Corporate lending space looks promising: Bank of Baroda CEO Sanjiv Chadha

New Delhi, Jan. 27 -- Bank of Baroda's (BoB) newly appointed chief executive Sanjiv Chadha is looking to put greater focus on lending to corporates and wants to fill the space vacated by some private ... Read More


We'll use corporate lending space vacated by private, public sector banks: BoB CEO

New Delhi, Jan. 27 -- Bank of Baroda's (BoB) newly-appointed chief executive Sanjiv Chadha is looking to put greater focus on lending to corporates and wants to fill the space vacated by some private ... Read More


Surge in small borrower defaults stokes worries

Mumbai, Nov. 26 -- Small borrowers, whose default rates have traditionally been among the lowest in India, are increasingly missing loan repayments as rising unemployment and stagnant-to-declining wag... Read More