India needs to keep constant vigil on external developments, says RBI governor

New Delhi, April 8 -- India needs to keep a constant vigil on ongoing geopolitical developments, even as some economic indicators remain favourable, Reserve Bank of India (RBI) governor Sanjay Malhotr... Read More

RBI agrees to 'demand from some quarters,' unveils first-ever core inflation projection at 4.4% for FY27

New Delhi, April 8 -- The Reserve Bank of India (RBI) on Wednesday announced its projections for core inflation-the rise in prices after stripping out the impact of food and energy price changes-with ... Read More

Deposit constraints shadow banks in March quarter even as growth stays robust

Mumbai, April 6 -- Getting customers to park their money in deposits remains a struggle for banks, as loan demand continues to race ahead of deposit growth. In the March quarter, HDFC Bank stood out a... Read More

RBI defers circular on capital market exposures to July

Mumbai, March 30 -- The Reserve Bank of India (RBI) on Monday deferred by three months its circular on capital market exposures of banks, citing representations from industry associations. The centra... Read More

HDFC ex-chair suggests sale of Credit Suisse perpetual bonds drove rift with bank

Mumbai, March 30 -- Former HDFC Bank chairman Atanu Chakraborty on Monday hinted that the "mis-selling" of Credit Suisse's perpetual bonds was a bone of contention between him and the bank's managemen... Read More

JPMorgan appoints Rahul Badhwar as India senior country officer

MUMBAI, March 24 -- Wall Street bank JP Morgan has appointed Rahul Badhwar of HSBC as its senior country officer for India, according to an internal memo reviewed by Mint. The role had remained vacant... Read More

Investor confidence in India's private banks remains intact-for now.

Mumbai, March 23 -- It has been a testing year for India's private banking sector-IndusInd Bank, IDFC First Bank, and even the largest player, HDFC Bank, have faced crises that eroded investor wealth.... Read More

Investor confidence in private banks remains intact

Mumbai, March 23 -- It has been a testing year for India's private banking sector-IndusInd Bank, IDFC First Bank, and even the largest player, HDFC Bank, have faced crises that eroded investor wealth.... Read More

Investors scramble to make sense of HDFC chairman Atanu Chakraborty's sudden exit

India, March 20 -- Investors were left scratching their heads on Thursday after the abrupt resignation of HDFC Bank chairman Atanu Chakraborty the previous night, while shares of India's largest priva... Read More

HDFC Bank seeks to steady nerves after Chakraborty exit; Mistry says ethics charge "defies logic"

MUMBAI, March 19 -- A day after HDFC Bank chairman Atanu Chakraborty resigned citing ethical concerns, the bank's interim leadership moved swiftly to steady nerves, saying the allegations "defy logic"... Read More

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