Strategic investor eye on HDFC Bank’s NBFC arm, valued at $9 billion

Months after shelving plans to list its non-banking subsidiary, HDB Financial Services, HDFC bank People familiar…

Banks, NBFCs report surge in advances in September quarter

In a sign that bank credit growth may be on an upward trend, most banks and…

Canara Bank cuts MCLR by up to 15 basis points

The state-owned on Tuesday announced a cut of 15 basis points in its marginal cost of…

US-based Arena investors show interest to acquire Srei before RBI controls

Arena Investors, a US-based company, had offered to buy 74% in sarei Equipment Finance, a wholly…

Axis Bank economists kept an eye on RBI rates on Friday

axis Bank Internal economists expect the Reserve Bank to hold the key policy repo rate when…

IDFC First Bank sees 10 per cent loan growth in Q2

On Tuesday it said it has registered a growth of 9.75 per cent in advances to…

Festive excitement: Credit card spends Zoom 54% over last year

excited about the festive season credit card spend indicating the revival of consumer spending. The latest…

Kotak Mahindra Bank becomes first scheduled private sector bank to collect direct, indirect taxes

Ltd. (KMBL) is subject to direct and indirect taxes, such as income tax, goods and services…

HDFC Bank reports strong credit growth in September quarter

Signs that bank credit growth may be on an uptrend, private lenders HDFC bank It said…

MFI body Sa-Dhan writes to FM seeking Rs 7,500 crore for credit guarantee scheme

India’s largest association for micro finance sector, the richWrote a letter to Finance Minister Nirmala Sitaram…