Credit card spends fall for the first time in six months
Mumbai: Consumer spending on credit cards fell for the first time since July, signalling an end to the festive season...
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Enterprise
Piramal Capital bets big on developer financing loans
Almost a year after acquiring beleaguered housing finance lender DHFL, Piramal Capital and Housing Finance is betting big on developer...
Read moreBig 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...
Read morePotential bidders seek tax benefits on IDBI’s losses
Potential IDBI Bank bidders have asked the government for tax benefits from the accumulated ₹45,000 crore losses to accrue to...
Read moreAt 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...
Read moreBanks 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...
Read moreHDFC 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)...
Read moreDecision on privatisation of PSBs after consultation: Govt
The government on Monday said it will take a view on privatisation of public sector banks (PSBs) after consultation with...
Read moreBanks looking at possibility of rupee trade with Bangladesh, African nations
Banks are looking at the possibility of initiating rupee trade with Bangladesh and African countries like Egypt as part of...
Read moreMicrofinance NPA at all time high of Rs 36,500 crore as loans restructured earlier showing stress
The stress in the microfinance sector is far from over with the sector's bad loans ratio rising for the second...
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