Bank fixed deposit (FD) interest rates could go up further, signals RBI
The intensifying competition among banks to expand their deposit base may force banks to increase fixed deposit rates going ahead,...
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Enterprise
Shapoorji Pallonji Group creates holding companies for infra and realty verticals to improve cash flows
The Shapoorji Pallonji (SP) Group has embarked on a business financial re-engineering by creating parallel structures for its real estate...
Read moreIndia state-run banks’ gross NPA eases to 5.53%; earn profit of Rs 70,167 cr in Apr-Dec FY23
The government has taken various reforms following which asset quality of public sector banks has improved significantly with gross NPA...
Read moreBank of Baroda Increases Interest Rates on Retail Term Deposits
Bank of Baroda (Bank), one of India’s leading public sector banks, announced an increase in interest rates on Domestic Retail...
Read moreBanks set to pilot dollar clearing and settlement at IFSC
Banks in India are about to take the first step to explore clearing and settlement of dollars in the country....
Read moreBank crisis abroad won’t hit India’s macro stability: DEA Secy Ajay Seth
The collapse of two American lenders and the crisis at Credit Suisse are unlikely to impact India's banking system or...
Read moreHDFC-HDFC Bank merger gets NCLT approval
The National Company Law Tribunal (NCLT) on Friday gave its approval to the HDFC-HDFC Bank merger. The merger between the...
Read moreDIPAM rubbishes media reports of IDBI Bank disinvestment deferment
The Finance Ministry on Friday denied media reports which claimed that the disinvestment process in IDBI Bank has been deferred...
Read moreNCLT approves Welspun takeover of Sintex BAPL
The National Company Law Tribunal (NCLT) bench of Ahmedabad on Friday approved a resolution plan submitted by Welspun Group for...
Read moreMicro loan disbursement jumps 20% in December 2022 quarter to Rs 77,877 cr
Micro loan disbursement jumped about 20% in the December 2022 quarter to Rs 77,877 crore over Rs 65,392 crore in...
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