Indian banks could see an increase in bad loans in the retail and small business segments from its recent low levels, an official with the […]
Category: Enterprise
PSU banks now offer inflation-beating FD rates
Those believing in safety first are outrunning the glory chasers these days, with stock returns trailing yields on plain-vanilla fixed deposits by a long shot, […]
Saraswat Bank partners Tagit to deploy omnichannel banking
Saraswat Bank has partnered with Singapore based digital banking solutions provider Tagit to implement omnichannel digital banking solutions for its retail and corporate customers. Under […]
HDFC Bank, Lulu Exchange ink deal to enhance cross-border payments between India-Gulf region
HDFC Bank, a major private sector bank, and UAE-based Lulu Exchange have signed an MoU to strengthen cross-border payments between India and the Gulf Cooperation […]
SBI allows Bhim-based real-time payment with Singapore
A day after a real-time payments system linkage was established between India and Singapore using the UPI platform, State Bank of India on Wednesday announced […]
HSBC India profit up 15%; bank will continue to expand balance sheet, says CEO Hitendra Dave
Hong Kong and Shanghai Banking Corp Ltd (HSBC), Europe’s largest bank by assets, said its India profit had risen 15% year on year amidst all […]
Adani Ports planning to prepay Rs 1,000 crore on CPs due in March
Adani Ports and Special Economic Zone, a group company of the beleaguered Adani Group, plans to prepay Rs 1,000 crore ($120.8 million) in commercial papers […]
Bank mergers have benefited the sector: RBI
Bank mergers have benefited both the acquirer and the acquired, according to a report by Reserve Bank of India researchers. While the transactions have helped […]
Bank of Maharashtra tops list of public sector lenders in loan growth, asset quality
Bank of Maharashtra (BoM) has emerged as the top performer among state-owned lenders in terms of loan growth percentage during the third quarter of 2022-23, […]
Adani credit flashes warnings after group gorged on cheap debt
Gautam Adani’s sprawling corporate empire embraced the era of cheap debt like few others. But with yields spiking and access to overseas financing suddenly in […]