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North East Small Finance Bank to sell over Rs 600 crore stressed assets

Consequently, credit costs are expected to start tapering down gradually, leading to normalisation in profitability in the normal course of business

Three banks raise deposit interest rates in a bid to meet credit demand

Bankers have stated that rates have been adjusted in some tenures to align with market rates, given the competition to attract more money into deposits

PE investments in Indian real estate dip 12% to $2.3 billion in H1

The level of flows has remained below the pre-pandemic level of $4.2 billion in H1 FY20

Banks urge RBI to set up liquidity window for financing of startups

High mortality rates in startups a big worry

India Ratings downgrades Vedanta's long term rating from 'AA' to 'AA-'

Ind-Ra consistently takes a consolidated perspective of VDL and its subsidiaries, collectively referred to as the VDL group, owing to their intertwined strategic, operational, and financial ties

RBI ban on BOB to source new customers via mobile app may hit its business

This development led to a 3.27 per cent drop in its stock price, closing at Rs 207.2 per share on BSE

Ind-Ra downgrades Sterling and Wilson Renewable Energy in 'default' grade

Ind-Ra highlighted concerns that the company's operating cash flows would not be adequate to address its upcoming debt obligations in October 2023

Bajaj Finance's equity raising to boost already solid capital base: S&P

The rating agency said BFL's RAC ratio is unlikely to sustain above 15 per cent during the financial years 2025-2026

Tata Capital Healthcare Fund II invests $10 mn in Apex Kidney Care

To open over 60 standalone Dialysis centres in the country

RBI suspends Bank of Baroda from adding new customers to mobile app

Lender will be allowed to add customers to 'bob World' after rectifying deficiencies, says regulator

IDFC First Bank eyes Rs 3,000 crore in debt capital through tier II bonds

The plan comes soon after Rs 3,000 cr equity raise

Banks likely to report healthy profits in Q2 on high credit growth

Sequentially rising fund cost put pressure on margins

Microfinance sector's disbursements up 30% in Q1FY24, shows data

Lenders raise concern over attempts to harm credit culture

RBI to issue framework for SRO recognition for regulated entities

Regulator will also harmonise rules for internal ombudsman mechanism of REs

Monetary policy: UCB gold loan limit, CoF tokenisation facility, and more

RBI has allowed NBFCs in the middle and base layer to offset their exposures with eligible credit risk transfer instruments

Only no objection certificate given for NE SFB-Slice merger proposal: RBI

No change in approach to banking license to fintechs

Banks to report healthy bottom line on high credit growth, low credit costs

NII, a key earning source for lenders, may show higher growth in private banks (24.4 per cent Y-o-Y) compared to public sector banks (12.1 per cent Y-o-Y) in Q2FY24

Banks continue to struggle for CASA share in Q2, challenge to remain in H2

CASA accounts, vital for daily operations of businesses, households, or individuals, offer banks a cost-effective source of funds

Lenders unlikely to clear Anil Agarwal's Vedanta spinoff in hurry

To scrutinise rationale for recast, structural details, plans for each unit

Credit quality of export, commodity-linked sectors to face pressure: Crisil

Rating upgrades outpace downgrades in H1FY24