New Delhi, Nov. 10 -- Bajaj Finance Ltd has lowered its credit growth guidance for the current financial year to 22-23% on year from its earlier expectation of 24-25% as the non-bank lender grapples w... Read More
New Delhi, Nov. 6 -- After months of muted demand, auto loans appear to have hit the fast lane. The recent reduction in the goods and services tax (GST) rates on select vehicles to 18% from 28% has r... Read More
New Delhi, Nov. 3 -- The Reserve Bank of India (RBI) will meet a clutch of primary dealers (PDs) on Thursday, likely to discuss the recent weakness in the government securities market and gauge invest... Read More
New Delhi, Nov. 3 -- After two years of credit stress, policy reforms and heavy write-offs, India's microfinance sector is taking tentative steps to recovery. Bad loan ratios moderated and loan colle... Read More
New Delhi, Nov. 3 -- State Bank of India (SBI) is expected to see its net profit decline for the the September quarter even as healthy loan growth and one-off treasury gains from its stake sale in Yes... Read More
Mumbai, Oct. 26 -- Liquidity in India's banking system has turned negative for the first time in a month, as the Reserve Bank of India's (RBI) dollar sales to defend the rupee and higher cash withdraw... Read More
New Delhi, Oct. 25 -- Kotak Mahindra Bank expects its net interest margins to gradually improve in the second half of the fiscal year as the impact of lower deposit costs begins to reflect, Group Chie... Read More
New Delhi, Oct. 25 -- The Reserve Bank of India (RBI) has proposed a new framework to regulate how banks fund mergers and acquisitions (M&As), bringing acquisition financing under stricter prudential ... Read More
New Delhi, Oct. 25 -- The Reserve Bank of India (RBI) has proposed a new framework to regulate how banks fund mergers and acquisitions (M&As), bringing acquisition financing under stricter prudential ... Read More
New Delhi, Oct. 25 -- The Reserve Bank of India (RBI) has proposed a new framework to regulate how banks fund mergers and acquisitions (M&As), bringing acquisition financing under stricter prudential ... Read More