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NPA Update:CARE Ratings report says banks are expected to witness an improvement in their gross non-performing assets (GNPAs) of up to 2.1% by the...
Bank NPA will Improve in FY25:CARE Ratings
The projected improvement in banks' gross non-performing assets (GNPAs) to up to 2.1% by the end of the...
HDFC Bank intends to divest its entire stake in HDFC Education through the Swiss challenge method.
HDFC Bank intends to divest its entire stake in HDFC Education
HDFC Bank, a private sector lender, is aiming to divest its entire holding in...
Federal Reserve Chair Powell anticipates that inflation in the United States will continue to decrease in the forthcoming months.
Federal Reserve Chair Powell anticipates that inflation in the United States will continue to decrease in the forthcoming months.The Federal Reserve System is the...
HDFC Bank home loan costlier after increase interest rates by 10 to 15 basis points.
HDFC Bank Home loanHDFC Bank, India's premier private sector lender, has gradually raised its home loan interest rates linked to the repo rate since...
IDFC First Bank’ share plunged by 3.5% following the exit of a Warburg Pincus affiliate in a block deal worth Rs. 1,386 crore.
IDFC First Bank share news update
IDFC First Bank witnessed a 2.5 percent decline in its shares during the opening trade on March 28, following...
Kotak mahindra bank Acquires 100% stake in Sonata Finanace
Kotak mahindra bank acquisition
Kotak Mahindra Bank has declared the accomplished procurement of Sonata Finance Private Limited ("Sonata"). This acquisition, solidified today for an approximate...
Emkay Global Financial report suggests that there will likely be a moderation in overall credit growth due to regulatory measures.
Emkay Global Financial reports about credit growth of banks
Emkay Global Financial Services anticipates a deceleration in the credit growth rate to 12-14% year-on-year (YoY)...
Forex Reserves of India reached the 648 billion dollar mark
Forex Reserve Update
According to central bank data released on Friday, India's foreign exchange reserves continued their upward trend for the fourth consecutive week, reaching...
Sovereign Green Bonds mark a significant step forward as the government plans to raise Rs 7.5 lakh crore from the market during the first...
Sovereign Green Bonds
The finance ministry announced on Wednesday that the government intends to raise Rs 7.5 trillion through market borrowing in the April-September period...
Standard Chartered Bank intends to relinquish its 7.18% shareholding in CDSL, amounting to $151 million.
Standard Chartered Bank
Standard Chartered Bank is poised to withdraw its investment in Central Depository Services (India) Ltd (CDSL) by liquidating its complete holding via...
MPC Poll: Economist and Banker Consensus Empowers RBI’s Decision to Uphold Key Interest Rates in April’s 1st Monetary Policy
RBI Monetary Policy Updates
According to a significant majority of economists surveyed by Reuters, the Reserve Bank of India (RBI) is projected to maintain its...
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Intellect Design Arena Ltd, an enterprise-grade global financial technology leader, known for its application of First Principles Thinking, Open Finance Architecture, and Design Thinking to...