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India vulnerable to recurring food price shocks, says RBI Governor Das

The RBI's rate-setting panel has raised the repo rate by 250 basis points cumulatively between May 2022 and February 2023 to manage inflation expectations

GMR Airports to raise upto Rs 50 bn through debentures to retire old debt

In talks to tie-up funding for airport in Andhra Pradesh

Staying ahead of curve to reinforce Prime position: SBI chairman Khara

The July-September 2023 was the first quarter when HDFC-HDFC Bank did business as a combined entity, escalating competition for loans as well as deposits

12 states, 1 UT raise Rs 25,800 cr at bond auction, 19% more than indicated

Spreads widens between 10-yr State & GOI bonds

SBI can fend off rising risks In personal loans, says S&P Ratings

SBI's personal loans are growing faster than the rest of its portfolio. However, the bank's customer selection mitigates the associated risks

Bob World curbs not denting business, says MD & CEO Debdatta Chand

Bank of Baroda (BoB) net profit rose by 28.4 per cent on a year-on-year (Y-o-Y) basis to Rs 4,253 crore in Q2 FY24

BoB's former chief digital officer Akhil Handa says he was not terminated

On October 31, 2023, BoB, in a filing with BSE, had said that Kadgatoor Sheetal Venkatesmurt will handle this charge in addition to her role as head of digital channels and operations

Five years on, co-lending's performance on the field may need a closer look

On paper, the co-lending model is a winner. But it calls for a high level of coordination: Policies would have to be agreed upfront between banks and NBFCs

BoB Q2 result: Net profit up 28.4% to Rs 4,253 cr, led by loan growth

To slash personal loan growth pending portfolio review; CDO terminated in 'bob World' fiasco

Uco Bank Q2FY24 results: Net profit declines 20.4% to Rs 402 crore

Dip in non-interest income, rise in operating expenses dent profit

SBI Q2 results: PAT up 8.03% to Rs 14,330 cr on robust NII growth

SBI reports steady growth in net interest income, dip in credit costs boost profits

Zurich Insurance to pick 51% stake in Kotak Gen Insurance for Rs 4,051 cr

Plans to increase stake to 70% within three years

Unsecured retail loans burgeoned on banks' books in Covid-19's aftermath

In services, commercial realty offtake showed a rising offtake with 8.6 per cent YTD growth in H1FY24. Transport operators saw the same with 8.9 per cent YTD growth

Tata Capital PE plans to invest over Rs 400 cr in healthcare, senior care

This investment would be made out of the second fund (TCHF II), which has a corpus of about $130 million

SBI raises Rs 10,000 crore via Tier-II bonds at 7.81% coupon rate

Gets over Rs 15,000 crore worth of bids According to bond market sources, SBI raised a debt capital of Rs 3,100 crore through Additional Tier-I bonds (AT1) earlier this financial year

Public sector lender BoB's head of digital lending Akhil Handa quits

BOB, in a late-night exchange filing, said Kadgatoor Sheetal Venkatesmurt will handle this charge in addition to her role as head of digital channels and operations

BS BFSI Insight Summit: Banks can't be technology companies, say CEOs

Banks have a great deal to learn from technology companies in terms of improving the way that business is conducted, they added.

BS BFSI Insight Summit: SBI to drive in with Yono 2.0 in nine months

Sees no concern on NPA front; macros in mint condition

CRISIL downgrades rating on PTC Fin Services' non-convertible debentures

The Delhi-based finance company did not make any substantial disbursements during May-September 2023 due to lack of fresh funding

BS BFSI Summit 2023: Margins sacrosanct for NBFCs, says Umesh Revankar

Dwelling on the challenge of maintaining margins at BS BFSI summit, Umesh Revankar, executive vice-chairman at Shriram Finance, said margins are sacrosanct for the companies