Subrata Panda

Following the earnings announcement, the company's share price closed nearly 8 per cent higher than the previous day's close

HSBC India's branches in the country will now go up to 46

The bank reported fresh slippages of Rs 5,432 crore, up 46 per cent YoY and 22.25 per cent sequentially

The insurer's VNB margin, a measure of profitability for life insurance companies, remained at 26.9 per cent in Q3 FY25

Bank reported fresh slippages of Rs 5,432 crore, up 46%

L&T, Grasim, UltraTech raise funds via 10-year bonds

IRFC raises Rs 2,780 crore at 7.25% for 10-year bonds

NARCL has made an offer of Rs 12,000 crore to acquire the debt of 25 lenders on a 15:85 cash-to-security receipts basis

Credit card transactions saw a substantial 175 per cent increase in Tier-III cities, compared to just a 27 per cent increase in Tier-I cities

Initially proposed for Jan '23 launch, project missed many deadlines

Economists are of the opinion that given the prevailing liquidity conditions, the RBI should prioritise liquidity management over rate cuts

Industry players, who are also investors in the project, say it is unlikely the project will meet the announced launch date of April 2025, with few updates on its progress

Industry-wide stress in the microfinance sector has built up due to unchecked credit growth and multiple loan disbursements to the same customers, resulting in overleveraging among borrowers

RBI, in October, had imposed sanctions on Asirvad Microfinance, Arohan Financial Services, DMI Finance, and Flipkart co-founder Sachin Bansal's Navi Finserv

Banks engage in cross-selling financial products from their subsidiaries and third parties to their customer base

REC's exposure to CPL is part of a term loan extended by a consortium of lenders, where its voting share is 19.55 per cent in the liquidation process

HDFC Bank's LDR was around 87 per cent pre-merger. Following the merger, its LDR went up to 110 per cent

The anchor bid for the asset put up for sale would translate into a recovery of around 54.5 per cent for the lender

The move is in line with regulatory requirements to reduce its holding in the bank to 10 per cent by 2029, irrespective of the listing of Unity SFB, said sources

According to the licensing requirements, BharatPe has to bring down its stake in the bank to 10 per cent within eight years from the bank's operations