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Bank’s fresh NPA generation to rise gradually but to remain controlled in the FY25: ICRA

 bank's NPA report: The onset of new Non-Performing Asset (NPA) generation is expected to gradually increase but remain under control throughout the Financial Year 2025,...

The ECB maintains its rates at current levels while central banks worldwide grapple with the timing of potential cuts.

The ECB maintains its rates On Thursday, the European Central Bank opted to keep its key interest rate benchmark unchanged, preferring to await confirmation that...

RBI ipmoses monetary penalty on 5 different Co-operative banks

RBI ipmoses monetary penalty on different Co-operative bank ltd The Uttrakhand grameen bank Dehradun, The Raj Laxmi Mahila Urban Co-operative, Nagr sahkari bank ltd, The...

The Reserve Bank of India spearheads a rise in gold reserves amidst a slowdown in gold accumulation among global central banks

The Reserve Bank of India The Reserve Bank of India (RBI) distinguished itself by maintaining its steady accumulation of gold reserves. According to weekly data...

Bandhan Bank plummeted dramatically following the CEO’s formidable decision to exit in July.

Bandhan bank news update Today, at the opening bell, the stock of private sector lender Bandhan Bank experienced a significant decline of nearly 9% following...

Bandhan Bank CEO Chandra Shekhar Ghosh will gracefully retire at the end of his tenure.

Bandhan Bank CEO Chandra Shekhar Ghosh will retire at the end of his term On Friday, Bandhan Bank's founder, managing director, and CEO Chandra Shekhar...

RBI Monetary Policy Meeting reveals that the RBI MPC has opted to maintain the repo rate at 6.50%, while also retaining the GDP forecast...

RBI Monetary Policy Update: Led by RBI Governor Shaktikanta Das, the Monetary Policy Committee (MPC) chose to maintain the key repo rate at 6.5%, aligning...

HDFC Bank share price surges by 3% due to significant increases in both gross deposits and advances.

HDFC Bank share price update HDFC Bank shares price surged 3% to reach an intraday high of Rs 1,526.35 on the National Stock Exchange. This...

Turkey’s inflation persists at 68.5% despite ongoing increases in interest rates.

Turkey Turkey's yearly inflation surged to 68.5% in March, marking an uptick from February's 67.1%, as reported by the Turkish Statistical Institute on Wednesday. The monthly...

RBI Deputy Governor Rao emphasizes the necessity for ongoing vigilance to address risks within the financial sector.

RBI Deputy Governor M Rajeshwar Rao emphasized during a special address at the India Investment Summit and Awards organized by Mint in Mumbai on March...

HDFC Bank leads as the number of credit cards in India crosses the 10 crore milestone in February.

HDFC Bank leads as the number of credit cards According to November 2023 data from the Reserve Bank of India, HDFC Bank's credit cards circulation...

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...

Most Read

About 92 percent of Indian executives cite security vulnerabilities as the primary obstacle to responsible AI usage: Deloitte report

According to the AI at a crossroads: Building trust as the path to scale report by Deloitte Asia Pacific, about 92 percent of Indian executives...

Economic risks remain top-of-mind with extreme weather, natural disasters and talent shortage concerns in the region

Economic downturns, such as recessions and stagnation, alongside concerns around the increasing frequency of weather events,  natural disasters and  labour and talent shortages, remain...

Eco-friendly paper disposal producer Aaradhya disposal industries files DRHP with NSE emerge

Aaradhya Disposal Industries Limited, a manufacturer and exporter of high-quality eco-friendly paper products, announced the filing of its Draft Red Herring Prospectus (DRHP) with NSE Emerge....

Swiss Re targets a net income of more than USD 4.4 billion for 2025

Swiss Re's Group Chief Executive Officer Andreas Berger said: "We have taken decisive actions in 2024 to increase the resilience of our business. We achieved...