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NARCL acquires two SREI companies under the insolvency resolution

Paves way for resolution of debt worth Rs 32,700 cr

Households see a rise in inflationary pressures for year ahead: RBI survey

Consumer confidence stable; fairly optimistic about economy, employment, income

CARE downgrades ratings for Shapoorji Pallonji & Co's term loan to 'BBB'

Delay in securing working capital limits triggers rating action

Banks raised record Rs 40,895 crore through infra bonds in Apr-Nov

The country's largest lender, State Bank of India (SBI), accounted for almost half of the amount mopped up via infrastructure bonds in the eight months of FY24

Pace of bank credit to retail declined to 18% in October, shows RBI data

The month of October is marked by festive season demand and also the start of the busy season of the financial year

Fusion MicroFinance plans to cut its bank funding share to 55-60%

The first focus for the Gurugram-based BSE listed lender is to bring down the share of bank funding in resources to 76-77 per cent in the near term

Banks set to increase interest rates on unsecured loans and NBFCs

Demand to slow down post rate increase

Hike in risk weights to affect banks' CAR by 60 basis points: S&P Ratings

The lending poses a risk for incremental nonperforming loans (NPLs). The increase in risk weights by the RBI is a prudent step, it said

Global woes pull net foreign direct investment down 77% in H1, shows data

The moderation in flows was majorly witnessed in communication services, retail and wholesale trade, and manufacturing sectors

UCO Bank approaches CBI for probing IMPS glitch, says systems safe

State-owned lender says it has recovered 79% of wrongly credited amount after the glitch

RBI tightens norms on consumer loans, raises risk weight on credit exposure

Personal loan and Credit Cards loan may become costly

Technical snag hits UCO Bank's IMPS; impact yet to be ascertained

As a precautionary measure the bank has made the IMPS channel offline

Deposits mobilisation overtakes credit in fortnight; credit up 16%

According to Reserve Bank of India data, sequentially, loans grew by Rs 1.28 trillion from Rs 148.52 trillion as on October 20, 2023

India's outward FDI falls 12.14% to $1.88 bn in October: RBI data

A slowdown in economic and business activities, especially in developed markets, has impacted direct investment flows, both inbound and outbound

6 states, 1 UT raise Rs 12,500 cr at bond auction, 16% more than indicated

The union territory of Jammu and Kashmir (J&K) raised Rs 1,100 crore by issuing paper with the longest tenure of 30 years

GMR group to raise Rs 3,200 cr loan for developing Vizag int'l airport

GMR Group holds the airport business under the airport holding company, GMR Airports Ltd (GAL)

Healthy outlook: Banks profit rises 33.5% to Rs 77,564 crore in Q2

High credit offtake; lower credit costs boost bottom line

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

RBI deploys 81.43% of foreign currency assets in overseas securities

The share of money kept in deposits with other central banks and the Bank for International Settlement (BIS) declined to 13.49 per cent at the end of September from 14.82 per cent at the end of March

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