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Bank of Baroda to UCO Bank: Loan growth of banks picks up pace in Q3

Meanwhile, Yes Bank reported a marginal contraction in deposits during the October-December period (Q3FY25) over the previous quarter

RBI removes biz restrictions on Kolkata-based Arohan Financial Services

On October 17, the regulator directed four non-banking finance companies (NBFCs) to cease and desist from sanctioning and disbursing loans

State Bank of India unveils two new schemes to boost deposit mobilisation

The first is 'Har Ghar Lakhpati,' a pre-calculated recurring deposit (RD) scheme designed to help customers accumulate Rs 1,00,000

NSE leads Asia in IPOs with 268 listings in 2024 across mainboard, SME

In CY24, the exchange recorded 90 successful listings on the mainboard, while 178 SMEs made their debut on NSE's Emerge, cumulatively raising Rs 1.67 trillion during the period

Kotak Mahindra Bank CTO & COO Milind Nagnur resigns citing personal reasons

In his resignation letter, Nagnur stated that he intends to relocate to the United States to care for family members

UPI transactions continue upward trajectory, hit all-time high in Dec 2024

For the full calendar year 2024, UPI-enabled platforms handled approximately 172 billion transactions, reflecting a 46 per cent annual increase

Rupee closes at fresh low of 85.76 against dollar despite RBI intervention

State-run banks were spotted selling dollars to the tune of $800 million to $1 billion, traders said

India's credit market reflects K-shaped pattern, says Nomura report

Share of consumption loans is increasing, while share of asset-creating loans is falling

Gadkari announces roadworks worth Rs 12,000 cr to ease Delhi's traffic woes

The projects are aimed at decongesting traffic entering the Delhi-NCR region, and will reduce traffic jams as well as cut pollution in the national capital

Akums announces new facility for lyophilized, sterile dosage manufacturing

Lyophilisation is the process of extracting water from drug particles at freezing temperatures, maintaining the drug's value and preserving the stability

Despite CRR cut, liquidity deficit in banking system crosses Rs 2 trillion

This reduction in the CRR released primary liquidity of approximately Rs 1.16 trillion into the banking system

62% of Nifty50 cos have climate goals, shows analysis by advisory firm

The IiAS report found that 31, or 62 per cent, of the Nifty-50 companies have either a net zero or a carbon neutrality target

NSE IX launches 1st fixed income derivatives; Indo Farm IPO subscribed 17x

Fixed income derivatives would help investors to manage exposure in the Indian bond market

Senores gains 43% on stock market debut; Ventive up 10%, Carraro dips 10%

The listing day performance was largely in line with the subscription levels for the threen IPOs

From Ambani wedding to Diljit's concerts: Here are top newsmakers of 2024

There were wedding bells and concerts, there were tears and smiles, there were controversies and questions- and there were moments when time stood still

Cricket to qcom: What shaped India's emotional, cultural landscape in 2024

Cricket comes out on top, as you would expect in a year that saw India win its second T20 World Cup in men's cricket. And PM Narendra Modi's ever rising global stature puts him at number two

Sensex, Nifty fall over 0.5% as rising US bond yields hit market sentiment

The Federal Reserve's projection of a slower pace of rate cuts in 2025 has pushed up US Treasury yields, diminishing the appeal of emerging market assets