SIDBI’s net income jumps 71 pc to Rs 3,344 crore in FY23
The Small Industries Development Bank of India (SIDBI) on Tuesday said its net income jumped 71 per cent on-year to...
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Enterprise
RBI relaxes restrictions on HDFC Credila regarding on-boarding of new customers
Housing Development Finance Corporation (HDFC) on Tuesday said the Reserve Bank of India has relaxed restrictions on its education finance...
Read moreHDFC-HDFC bank merger likely to be effective July 1
The merger of HDFC Corp with the country's largest private lender HDFC Bank will likely take effect July 1, chairman...
Read moreRBI in talks with leading global peers to promote digital rupee payments
The Reserve Bank of India (RBI) is in talks with other major global central banks to promote digital rupee for...
Read moreS&P raises assessment of Indian banking sector on “strong recovery”
S&P Global Ratings on Tuesday raised its assessment of India's banking sector, citing a "strong recovery" underway in the Indian...
Read moreBanks told to push foreign trade in Rupee
Banks are being nudged to popularise the settlement of cross-border trade in rupee. While many businesses - driven by commercial...
Read moreRs 2,000 note withdrawal: Kotak Mahindra Bank garners deposits of Rs 5,400 crore
Kotak Mahindra Bank has garnered about Rs 5,400 crore of fresh deposits courtesy of the RBI's move to withdraw the...
Read moreFuture LoCs to Africa could cover defence, says EXIM Bank MD
India's future Lines of Credit (LoCs) to Africa could focus on defence exports to meet the requirements of the continent,...
Read moreUAE emerges as fourth largest investor in India in FY23
The United Arab Emirates (UAE), with which India implemented a comprehensive free trade agreement in May last year, has emerged...
Read moreGold loan NBFC Indel Money looks to strengthen presence in western, central India
Gold loan non-banking finance company (NBFC) Indel Money has taken the decision to strengthen its presence in western and central...
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