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Rana Talwar: Indian trailblazer who took Citi, StanC to new heights

Talwar, the son-in-law of real estate tycoon KP Singh, chairman emeritus of DLF, also served on the board as a non-executive director

New affordable housing plan likely before 2024 Lok Sabha elections

Govt takes feedback for credit-linked subsidy scheme in urban areas

Reserve Bank of India allows LIC to increase stake in HDFC Bank to 9.99%

HDFC Bank further said LIC has been advised by RBI to acquire the aforesaid major shareholding in the bank within a period of one year, i.e., by January 24, 2025

Dhanlaxmi Bank's CEO to continue till the successor assumes charge

Dhanlaxmi further said that the board has already approved a panel of candidates for the chief executive officer position and has sought the regulator's approval

Canara Bank has increased lending rates for NBFCs by 15-50 bps: CEO

The state-owned lender will raise funds when market conditions are favourable, says K Satyanarayana Raju

Canara Bank Q3 results: PAT up 26.86% at Rs 3,656 cr driven by loan growth

Net Interest Margins (NIM) for the third quarter stood at 3.03 per cent, compared to 3 per cent in the previous quarter and 3.05 per cent in the same period last year

BoB raises Rs 5,000 cr via infra bonds; completes Rs 10,000 cr target

The coupon was fixed at 7.57 per cent for the 10-year paper. Bond market sources said the initial guidance for the coupon was 7.63-7.64 per cent

Profitability issues to be fully sorted in next 5 yrs: IDFC First Bank CEO

He says that the recent Reserve Bank of India norms on increased risk weights on unsecured loans impacted the capital adequacy ratio by 100 bps

Private bank profits see impact of alternate investment fund provisions

Higher risk weights on unsecured loans deplete capital

Holidays, live telecast of Ram Mandir event: Stage set for a Ramayana redo

The excitement around the Ram Mandir consecration is building up and it's spreading across the country - from housing societies, temples to schools

Inflation needs to align with target by 2nd quarter: RBI monthly bulletin

Report says priority for FY25 is to sustain growth momentum of at least 7%

India is emerging global leader in GCC, says RBI monthly bulletin

GCCs are offshore units of multinational corporations that operate across the globe

Food inflation can potentially impact headline: RBI monthly bulletin

Widely regarded as transient, these shocks appear to have imparted volatility and persistence to food inflation which averaged 6.7 per cent during April 2022 to November 2023, it said

Commercial banks rushing to ramp up presence in temple town of Ayodhya

The town has been buzzing with business activities since the temple construction started following the Supreme Court's permission in November 2019. The opening is scheduled for January 22

CPI inflation to average 4.5% in FY25, growth to top 7%: RBI Governor

Observing that headline inflation substantially eased from the elevated level seen in the summer of 2022, Das said price momentum was easing across core goods and services

Q3 results: HDFC Bank posts Rs 16,373 crore profit for Sept-Dec 2023

Provisions Rs 1,200 cr against AIF exposure

HDFC Bank offloads its entire 4.31 per cent stake in Bandhan Bank

Srinivasan Vaidyanathan, Chief Financial Officer of HDFC Bank, has confirmed the development in the post-earnings media call without divulging any details

RBI releases draft norms for fintech self-regulatory organisations

Proposes that entities should have robust IT infra, ability to deploy tech solutions within reasonable time

World Economic Forum: Davos-bound squad aims to turn spotlight on India

Top honchos from India Inc, finance, govt heading to the World Economic Forum

RBI deputy governor Michael Patra gets another 1-year extension

Patra, a career central banker since 1985, has worked in various positions in the Reserve Bank of India