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Axis Bank Q1 net profit jumps 41% to Rs 5,797 crore, asset quality improves

Amitabh Chaudhry, managing director and chief executive officer, Axis Bank, mentioned that there is a visible improvement in the quality of the deposit franchise

Fundraising activity in debt market gathers speed ahead of festival season

Nabard, Tata Capital, Mahindra Finance to tap into market

ICICI Bank Q1 profit rises 40% to Rs 9,648 cr, net interest income up 38%

The gross NPA ratio was 2.76 per cent at June 30, 2023, compared to 2.81per cent at March 31, 2023

Will look at reverse merger if viable to shareholders: Utkarsh SFB MD & CEO

'During the last six years, we have created new verticals like MSME, affordable housing, and small corporates'

From Africa to Latin America, trade in local currencies on the cards

Move comes after RBI-UAE Central Bank inks historic pact last week

HDFC Bank can now take mega exposures to infra projects: CEO Jagdishan

Post merger, Jagdishan aims to double business every 4 years

$5 bn sustainability loans can be linked with target: BofA's Subramaniam

Bengaluru is worst-affected city, even as it continues to top start-up fundraising

As food prices spiral, fight against inflation not over: RBI report

CPI-based inflation rate increased to 4.8 per cent in June 2023, from 4.3 per cent in May, primarily on account of an increase in food inflation

Waive late submission fee of nearly Rs 225 crore: Oil companies to RBI

OilMin writes to Department of Financial Services to end impasse

In a first, credit card spend crosses Rs 1.4 trillion-mark in May: RBI data

Axis Bank, the fourth-largest, is closing the gap with ICICI Bank after the Citi acquisition with 12.46 million cards

HDFC Bank offers interoperability of UPI and CBDC QR code payments

The lender has registered over 1 lakh customers and 1.7 lakh merchants under CBDC pilot programme

HDFC Bank gets six months to move HDFC clients to external benchmark

It is mandatory for banks to link retail loans and loans to micro, medium and small enterprises to an external benchmark

Banks and non-banks to seek clarification from RBI on co-branded cards

RBI move aimed end exclusive tie-up with card networks

RBI panel charts path to internationalise rupee, reduce dollar dependency

Capital account convertibility is not a pre-condition for internationalisation of rupee

Will follow path and structure of ICICI, HDFC Bank: IDFC First Bank CEO

'Basically, IDFC FIRST Bank will become a widely held, diversified financial institution with a diversified set of shareholders'

Made it a point to ensure zero customer disruptions: HDFC Bank Deputy MD

Once the merger was announced in April 2022, for an initial period of time due to regulatory requirements we were not engaging with one another

523 HDFC branches to become HDFC Bank's in phases, take total to 8,344

32 committees; 6 months, 6 leaders ensured smooth integration

No IPO without regulator mandates: MD & CEO, Tata AIA Life Insurance

In a Q&A, Naveen Tahilyani explains how focussing on retail has paid off. He says he expects new business premium for the retail segment to grow at 30%

Aim is to create one HDFC Bank in every four years: CEO Sashi Jagdishan

The bank will set up a grievance committee to hear the concerns of anyone who wishes to air their woes

Mistry, Karnad to join HDFC Bank board, CFO Rangan to be executive director

The merger of HDFC with HDFC Bank created a banking behemoth with a market cap of $180 billion - the fourth largest bank in the world