Almost a year after acquiring beleaguered housing finance lender DHFL, Piramal Capital and Housing Finance is betting big on developer financing loans as demand for […]
Tag: bfsi
Big 4 are now emerging as big force in M&A I-banking, too
The Big Four firms are striking large and complex mergers & acquisition (M&A) investment banking deals, hitherto the preserve of bulge bracket investment banks, after […]
Credit growth far away from being considered ‘exuberant’, says RBI Governor Shakitkanta Das
The present credit growth in India is far away from being considered ‘exuberant’ and there is no ‘big gap’ between the credit growth and deposit […]
Need similar regulations for banks and fintechs if underlying activity is same: RBI DG
Reserve Bank Deputy Governor T Rabi Sankar on Wednesday pitched for similar regulation for both banks and non-bank entities like fintechs if they are undertaking […]
At Rs 8,640 crore, Torrent highest bidder for Reliance Capital
Torrent Investments is the highest bidder for Anil Ambani-owned Reliance Capital, having offered Rs 8,640 crore for the debt-laden financier at an auction held on […]
Banks write off loans worth Rs 11.17 lakh crore in last 6 years
Banks have written off Rs 11.17 lakh crore bad loans from their books in the last six years till financial year 2021-22, Parliament was informed […]
Indian banks may set new credit growth record at Rs 19 lakh crore
Indian lenders are set to see life high credit growth, surpassing the Rs 19 lakh crore mark in the current fiscal year, domestic rating agency […]
HDFC hikes home loan rates
Housing Development Finance Corp Ltd (HDFC), India’s largest non bank mortgage lender has hiked its retail prime lending rate (RPLR) by 35 basis points effective […]
India plans tax waivers for IDBI Bank buyer
The Indian government is likely to waive some tax norms for the buyer of IDBI Bank in a bid to attract more suitors for a […]
Microfinance loans up 11 pc to Rs 71,916 cr in Q2 FY23: Report
Microfinance loans in the country grew by nearly 11 per cent to Rs 71,916 crore during the second quarter of the current fiscal, industry data […]
