HDFC Q2 results: Net profit up 32 per cent year-on-year, surpasses Street estimates

MUMBAI: Housing Development Finance Corporation (HDFC) on Monday reported a 32 per cent year-on-year (YoY) jump…

Bandhan Bank is now an agency bank of RBI for carrying out government business

NS reserve Bank of India has now been appointed as a agency bank NS reserve Bank…

Lenders promote higher consumer spending with easy credit in India

Some of India’s top lenders and shadow finance companies are helping fuel demand among consumers, who…

Axis AMC launches Growth Avenue AIF-I . Raised Rs 400 crore through

Axis Asset Management Company, a branch of the private sector lender axis Bank, has raised around…

Kirloskar Ferrous makes non-binding offer of Rs 670 crore to ISMT

Pune-based Atul and Rahul Kirloskar-led Industries Ltd. has deposited Rs 670 crore non-binding offer till Lenders…

Policybazaar founders will cut the sale of their shares in the IPO by 85-90%

Yashish Dahiya And Alok Bansal, founder of PB Fintech – the parent of PolicyBazaar – has…

SBI Research sees higher job formalization rate in this financial year

One SBI Research The report said that around 3.66 million jobs were formalized from 2017-18 to…

PSBs asked to amend employees’ accountability policies for NPAs

NS Finance Ministry The RBI has advised state-run lenders to adopt comprehensive guidelines on employee accountability…

Finance Ministry issues uniform criterion for accountability to protect genuine judgment of bankers

To protect the people making the actual business decisions, the Finance Ministry has released a uniform…

PMC Bank customers will not get deposit cover of Rs 5 lakh in first lot: RBI

Customers of crisis-hit Punjab and Maharashtra Co-operative Bank (PMC Bank) will not get insurance cover of…