Page 28 - Manojit Saha

We expect good demand to continue from realty sector: LIC Hsg Fin chief

In a Q&A, Y Viswanatha Gowd, MD & CEO of the HFC attributes the uptick in demand for home loans to stabilising interest rates and completion of large projects

Softer US dollar, better risk appetite push rupee to two-month high

The Indian unit has been gaining against the greenback and has appreciated 1.08 per cent in 2023

Bank of India plans to raise Rs 6,500 crore in FY24 to fund its growth

BoI had raised Rs 1,500 crore capital through additional tier-1 bonds in the third quarter of the previous financial year

MSME lending will be our focus this year: Godrej Capital CEO Manish Shah

So most of our focus is where the homebuyers are. So, we work with about 200 projects in the country across all of the reputed developers, says Manish Shah, MD and CEO of Godrej capital

IT service outsource norms to kick in from October this year, says RBI

"The agreements that come into force on or after October 1 shall comply with the provisions of these directions from the date of agreement itself," RBI said

Pause now, lower later: Rate cuts may start this year, say economists

RBI projection on GDP growth optimistic, say analysts

Share of Casa in overall deposits at 7-year low of 11.6% by FY23-end

Worse still, Casa deposits' share of incremental deposits has fallen to single digit (6.7%), for the second time in 10 years

Home loan rates over Rs 75 lakh to get dearer as risk weight rises again

Risk weight back to pre-pandemic level of 50%

We should be allowed to charge for UPI: Worldline India's Ramesh Narasimhan

In a Q&A, the company's CEO dwells on the huge opportunity the payments business provides in India and why there is a sudden rush to acquire an aggregator licence

It's just a pause, not a pivot, says Shaktikanta Das on RBI's status quo

FY24 inflation projection cut to 5.2%; growth forecast at 6.5%

Household inflation expectations moderate, consumer confidence grows: RBI

The survey showed that household spending was buoyant on the back of higher essential and non-essential spending

Necessary to assess cumulative impact of action taken so far: RBI

"It is now necessary to assess the cumulative impact of our action taken so far"

SBI to find out reasons behind outage, ensure such event don't recur

Surge in digital payments in the past few years has highlighted the need for banks to raise the capacity of their digital platforms

Rupee weakens against dollar after OPEC+ supply cut, recovers later

According to a UBS India report, the rupee is likely to strengthen as the current account gap is expected to narrow in FY24

MPC may raise rate by another 25 bps as inflation woes persist: BS Poll

All eyes on policy stance, pause signal

Rupee weakens 7.8% against US dollar in FY23, most in three years

The rupee closed FY23 at 82.18 to a dollar, against 75.79 a year ago

In a first, 13 Citi-Axis branches to co-locate till merger transition

Clear signage to represent each banks' space; Citi to retain 14 branches

The Big 5 Viral Acharya mantras to benefit from China Plus One strategy

"It is hard therefore to find many products outside India that are manufactured by Indian firms," he said

Assets should ideally be churned within five yrs: Arcil's Pallav Mohapatra

In a Q&A, the MD & CEO of the firm dwells on its business model and the focus on retail assets to drive volume, going forward

Expected loss model: PSBs may seek pause on paying govt dividends

Sitaraman said banks' provisioning cover ratio was close to 75 per cent - the highest in about the last 25 years