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L&T Finance Q1 results: Consolidated net up 29% on healthy margins, fees

Its NIM plus fees and other income improved by 144 basis points to 11.08 per cent in Q1FY25 from 9.64 per cent in Q1FY24, LTF said in a statement

Bank of Baroda, BoM launch deposit schemes to fund credit demand

SBI to follow suit with 444-day plan at 7.25%

India's outward FDI rises to $2.14 billion in June, shows RBI data

Outward FDI was $3.16 billion in April-June 24

BoM Q1 results: Net up 46.64% to Rs 1,293 cr on healthy NII growth

Mulls to raise upto Rs 10,000 crore through Infrastructure bonds

SBI hikes MCLR by up to 10 bps, customer loans likely to become costlier

SBI executives said this revision is part of the process to pass on the increase in cost of funds to borrowers and protect margins

Tata Power steps up efforts to rejig debt, working capital measures

As of March 2024, Tata Power's consolidated debt stood at Rs 49,480 crore

IIFL Finance's gold loan book shrinks by over Rs 7,000 crore in Q1

Follows RBI curbs on lender in March this year

India Inc files ECB intent worth $4.28 billion in May, shows RBI data

Out of this, the intent for fund raise through the automatic route amounted to $ 3.66 billion and that via approval route was $ 343.2 million, according to RBI data

RBI's risk weighting hike: Mutual fund funding to NBFCs continues to grow

Stays above Rs 2 trillion mark for second consecutive month

Banks' deposit growth dips to 10.6%; credit growth at 13.9% as on June 28

Credit up by 13.9% Y-o-Y as on Jun 28

Pre-budget wish list: Set up Credit Guarantee Fund for agri loans, says SBI

The SBI report said that this fund is expected to boost fresh agriculture credit multiple times

Moody's revises outlook on Yes Bank from 'stable' to 'positive'

The rating agency also affirmed Yes Bank's "Ba3" long-term (LT) foreign currency (FC) and local currency (LC) bank deposit ratings

India Ratings downgrades state-owned RINL's term loans to default grade

RINL's liquidity is poor because of low-to-negative EBITDA generation against its significantly high debt repayment obligations

Canara Bank plans to raise Rs 10K cr through infrastructure bonds in FY25

A Canara Bank official said it expects to raise part of this amount this quarter (Q2FY25) itself, subject to market conditions. It is part of the efforts to diversify sources of funding

After strengthening capital, RRBs to focus on product diversification

The top priority will be upgrading the technology platform for digital banking for retaining existing customers and attracting new ones in rural areas

JM Financial to increase stake in Credit Solutions, sell 71.79% ARC stake

To acquire additional 49% stake in JM Financial Credit Solutions

Bank of Baroda, PNB log slower deposit growth than industry trend in Q1

The outstanding deposits of Delhi-based PNB stood at Rs 14.08 trillion at the end of June 2024

Bank of Baroda may raise up to Rs 7,500 crore via AT1, Tier-II bonds

According to the bank's annual report for FY24, it had raised additional Tier 1 capital of Rs 2,474 crore in FY23. The bank issued Tier 2 capital of Rs 5,000 crore

Tyger Capital to list by next year, targets Rs 20,000 crore book

Firm to open 60-65 new branches, on-board 600 employees in the current financial year as it spreads its network in the country

Result preview: Cost of deposits to weigh on banks' margins in Q1

According to Bloomberg analysts, listed banks are forecasted to see a 14.5 per cent year-on-year (Y-o-Y) increase in net profit