Page 53 - Abhijit Lele

Low inflation shows RBI Policy is effective: Governor Shaktikanta Das

The impact of the recent unseasonal rain and hailstorms, however, needs to be watched

Aditya Birla Capital Q4 net up 35%, to raise upto Rs 3,000 cr in equity

The fund raised through equity offering would be used for supporting growth in lending and insurance businesses

India's vulnerability to global shocks to reduce in FY24: CRISIL

Domestic banking insulated from global financial turmoil and better positioned to tackle rising interest rates

Growth in working-age population calls for more jobs: RBI Deputy Guv Patra

The RBI deputy governor said the potential for boosting savings and investments considerably enhances India's emergence as a future economic powerhouse in the world

NCLT admits Go First's insolvency plea, puts it under moratorium

Go First filed for insolvency this month, blaming "faulty" P&W engines for the grounding of about half its 54 Airbus A320neo

ED searches may tarnish Manappuram's business prospects: Fitch report

Federal agency's action can flag potential governance risks at company, says ratings agency

Q4 results: Private sector banks post 9.7% decline in net profit

Axis Bank's one-time charge for Citibank's consumer biz buy has dented the numbers

At record 795 tonnes, RBI's gold reserves see sharp on-year spike

Share of foreign currency assets in overseas securities rises to 81% by March

Share of foreign currency assets in overseas securities rises to 81%

RBI's gold reserves rise to 794.64 tonne at the end of March

Reserve Bank of India imposes penalty worth Rs 1.75 crore on HSBC

Earlier in April, the central bank had imposed penalties totalling Rs 44 lakh on four cooperative banks

Canara Bank Q4 profit up 90.6% at Rs 3,175 cr, robust NII boosts growth

State-owned lender's board recommends dividend of Rs 12 per share for FY23

Seeing stress in MSME sector... had slippages of Rs 3K cr: A Manimekhalai

MSMEs showing signs of stress, says A Manimekhalai, managing director and chief executive, Union Bank of India

Bank of India Q4 net more than doubles to Rs 1,350 cr on improvement in NII

BOI's capital adequacy ratio stood at 16.28 per cent with the Common Equity Tier of 13.6 per cent at the end of March

Union Bank's Q4 net rises 93.3% to Rs 2,782 cr on healthy growth in NII

The board of directors has recommended a dividend of Rs 3.0 per share (Rs 10 each) for FY23, subject to shareholders' approval, the Mumbai-based lender informed BSE

Manappuram Finance faces reputational risk amid probe, says S&P

May impact investor confidence, Stock tanks 11.45% on BSE

Piramal Enterprises posts Q4 loss of Rs 196 cr on MTM hit of Rs 375 cr

Jairam Sridharan is the Managing Director, Piramal Capital & Housing Finance (PCHFL) told media that the loss on Shriram Investments has partly gone away after March 31, 2023

RBI launches G20 TechSprint competition to improve cross-border payments

RBI in a statement said it along with BIS would invite global innovators to help develop innovative technology solutions for cross-border payments

HDFC Bank plans 675 branches in semi-urban, rural areas in 14 months

As of March 31, the bank had 52 per cent of its 7,821 branches in semi-urban and rural locations

Lenders to Go First await NCLT's verdict to chalk-out strategy

There was no meeting on Thursday. Banks have already reviewed the situation on Wednesday

HDFC Q4 profit up 20% at Rs 4,425 cr on robust net interest income

Mortgage lender's board declares an interim dividend of Rs 44 per equity share for FY23