Money & Banking

Housing finance company HDFC has cut its retail prime lending rate on housing and non-housing loans, on which its adjustable rate home loans are ...

315 negative rating actions on non-financial entities between March 1 and May 15

L&T Finance Holdings (LTFH) on Thursday said its financing activities may pick up at a slower pace amid opening up of the economy after ...

Mortgage lender HDFC Ltd on Thursday said it will raise up to ₹4,000 crore by issuing bonds on private placement basis. The issue size of the ...

Moots capping CEO tenure; bats for formal and written ‘conflicts of interest’ policy

Housing finance companies in the affordable housing space are likely to register a flat growth or a marginal de-growth in business and may also face ...

These will be converted through an auction by the Reserve Bank of India (RBI) on June 15.

Union Bank of India, on Thursday, announced the roll out of its new, combined organisation structure that includes 18 zonal offices and 125 regional ...

State Bank of India (SBI), on Thursday, said the executive committee of its central board of directors has approved the divestment of 2.10 crore ...

The Insurance Regulatory and Development Authority of India (IRDAI) has asked insurers to allow telemedicine consultation in the terms and conditions ...

Rating agency ICRA, on Thursday, said the pace of rating downgrades of its rated portfolio has accelerated while the upgrades have nearly dried up in ...

IDBI Bank on Thursday said its board has approved the appointment of Anshuman Sharma as government nominee director with effect from June 11.“The ...

The Reserve Bank of India (RBI) Governor held a meeting on Thursday with the chiefs of Credit Rating Agencies (CRAs) to get their assessment of the ...

Businesses that make a positive economic and social contribution will be handsomely rewarded by investors and the markets

Capitalisation of interest costs, deferment of principal payments, credit risk-based assessment of borrowers’ loan limit, and low risk retention by lenders are key positives

Freecharge plans to turn into a complete digital financial services player and will focus more on secured lending products in the current economic ...

To address the risks and spillovers faced by mutual funds, the markets regulator should consider bringing in a stipulation whereby the ratio of ...

Cash withdrawals from automated teller machines (ATMs) nearly halved to about ₹1.27 lakh crore during April, mainly on account of the impact of the ...

The country’s largest lender State Bank of India (SBI) has invited applications from eligible candidates for the post of Chief Financial Officer ...

The Reserve Bank of India (RBI) was a net seller of the US currency to the tune of $1.142 billion in the first month of this fiscal, according to ...

Was recorded to be 6.5 per cent of GDP in FY19

Plans another event for Mumbai

Shares of YES Bank closed nearly 2 per cent higher on the BSE on Wednesday after Madhu Kapur and other family members withdrew a case against the ...

There will be increasing preference for contactless banking and remote working due to the Covid-19 outbreak, according to Deloitte Touche Tohmatsu ...