Bank
Bank
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...
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)...
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