Anjali Kumari
Anjali Kumari
Goyal further stated that the rise in non-performing assets (NPAs) in certain areas, such as personal credit, can be managed through targeted prudential regulations
RBI grants license to FACE as self-regulatory org in fintech sector
Tewari said that the deposit and credit gap is expected to correct next year as per the SBI's research
Says frictionless cross-border payments will make it difficult to check money laundering and terror funding
Canara Bank managed to secure funding at a lower-than-expected 8.27 per cent -- a positive indicator for other lenders preparing to tap the AT-1 market in the near term
One part of the issuance worth Rs 6.5 crore was launched on the Grip platform, which was fully subscribed, said Nikhil Aggarwal, Founder & Group CEO, Grip
Coupon rate lower than what SBI offered in recent fundraise
Market participants said that the Reserve Bank of India's intervention through dollar buys further weighed on the rupee during the day
The yield on the benchmark 10-year government bond is expected to open around 4 basis points lower on Monday. It had settled at 6.86 per cent on Friday
In response to declining deposits, several Indian banks have introduced limited-period special fixed deposit schemes with higher interest rates for specific tenures
Gold reserves rose by $865 million during the week, while Special Drawing Rights (SDRs) increased by $60 million
Restructuring, grace periods and tailored repayment plans can be used as tools, says Swaminathan
The greenshoe option gives the underwriter the right to sell investors more bonds than planned if the demand is higher than expected
It is challenging to assess the creditworthiness of small enterprises, says Swaminathan J
The report said that the sector's AUM, which stood at approximately Rs 47 trillion in March 2024, is projected to exceed Rs 50 trillion in the current financial year
Market participants expect the benchmark yield to open around 6.85 per cent on Tuesday
The expert committee, chaired by the RBI Deputy Governor Michael Debabrata Patra, will consist of 10 members. The panel will submit its report by the end of November 2024
Along with OMO sales, the RBI has also been conducting VRRR auctions in order to drain excess liquidity
Dimple Bhandia highlighted that the credit derivatives market has been another area that has struggled to take off
India's reserve position with the IMF rose by $8 million to $4.62 billion in the previous week