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Why Axis Bank wants to be selective on credit, strict on returns

Mumbai, May 10 -- Axis Bank is selectively chasing corporate loan growth in sectors with strong tailwinds, such as data centres, commercial real estate and renewables, while staying "watchful" in the ... Read More


RBI rejects industry feedback on capital adequacy norms

Mumbai, May 8 -- The Reserve Bank of India (RBI) on Friday said it has not accepted feedback that warned against allowing quarterly profits to be added to the calculation of capital adequacy levels. ... Read More


Why RBI wants to keep India's gold at home

New Delhi, May 5 -- The Reserve Bank of India (RBI) brought back over 100 tonnes of gold to India in the six months to March, taking the total gold reserves stored locally to 680 tonnes, as per half-y... Read More


Proxy advisory firm asks RBI to reject Tata Sons' bid to surrender licence

New Delhi, May 1 -- Proxy advisory firm InGovern Research Services said on Friday that the Reserve Bank of India (RBI) should reject Tata Sons' application to give up its registration as a core invest... Read More


Tata Sons can't escape RBI's public funds net

New Delhi, May 1 -- A clarification by the Reserve Bank of India has undercut Tata Sons' attempt to distance itself from public funds, potentially retaining it in the upper layer of non-bank financial... Read More


Bajaj Finance sees AI-led gains for customers, staff in FY27

Mumbai, April 29 -- Non-bank lender Bajaj Finance expects the benefits of its investments in artificial intelligence to be visible to employees and customers in the current financial year, Rajeev Jain... Read More


Sun Pharma's Organon buy took shape over three months of intense negotiations

Mumbai, April 28 -- India's second-biggest overseas acquisition was stitched together over three months of near-daily negotiations between the bidder, the seller and their bankers, said a banker aware... Read More


RBI rejects banks' demand for more time to adopt expected credit loss model

Mumbai, April 27 -- The Reserve Bank of India (RBI) on Monday said it has rejected lenders' demand for more time to transition to the expected credit loss (ECL) framework mandate. With the deadline be... Read More


Tata Capital sees reduction in credit cost on AI integration

Mumbai, April 23 -- Tata Capital, the non-banking financial company (NBFC) subsidiary of Tata Sons, on Thursday said it has witnessed some tangible benefits of using artificial intelligence (AI) in it... Read More


Caution at MPC as war muddies view

New Delhi, April 22 -- As the West Asia war raged and supply shocks rippled across the globe, the central bank's monetary policy committee (MPC) chose to wait and watch as they kept the repo rate unch... Read More