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RBI tightens norms, raises risk weights for personal loans and credit cards

Loans likely to become dearer; marginal impact on bank's capital adequacy ratio

Will do corporate biz only to grow on retail front: PNB Housing Finance CEO

Girish Kousgi, MD & CEO of PNB Housing Finance says the plan is to grow the loan book by 17% and disbursement by 22-23% in the current financial year

RBI bars Bajaj Finance from lending under eCOM, Insta EMI Card products

Bajaj Finance says no material impact; to review KFS

Jaiprakash Associates signs agreement to partly repay dues to ICICI Bank

The bank will get Rs 366 cr from firm

HDFC Bank on hiring spree to fuel biz growth and tackle attrition head-on

Bank has hired over 56K since March 2022; focus on reining in attrition, women re-hiring

HDFC Bank 2.0 under Sashidhar Jagdishan: Steady beginning, miles to go

HDFC Bank, under Jagdishan, took the challenge head on and went on war footing to plug the gaps

No plan to enter banking sector: Mobikwik co-founder, CEO Bipin Preet Singh

Singh indicates that an initial public offering (IPO) is on the cards

RBI plans to bar outsourcing of know-your customer compliance norms

A draft circular on Managing Risks and Code of Conduct in Outsourcing of Financial Services, released by the regulator, has stated this intention

RBI directs private banks to have at least two wholetime directors

Banks that don't meet requirement get 4 months

General insurance will grow by 18-24% in FY24: Kishore Kumar Poludasu

SBI General Insurance is a multi-product and multi-channel distribution network, said Poludasu

RBI Governor Shaktikanta Das cautions against large supply shocks

External member Goyal says increase risk weight, LTV rather interest rates to restrain over-enthusiasm

Strengthening US dollar is a global risk: RBI's state of the economy report

"The Indian rupee has also exhibited low volatility and orderly movements relative to peers, in spite of the elevated US treasury yields and a stronger dollar," the RBI report says

HDFC Bank's bad loan jumps, margin narrows post-merger, Q2 profit up 50.6%

Net interest margins, which had been above 4 per cent for many years, dropped to 3.4 per cent in the July-September period, largely owing to the higher cost of funds from the erstwhile HDFC

Retail CBDC adoption: Long winding road to 1 million transactions

Central Bank Digital Currency (CBDC) is a digital form of currency notes issued by a central bank. RBI broadly defines e-Re as the legal tender issued by a central bank in digital form

RBI bond sale googly stumps market amid monetary policy status quo

MPC keeps repo rate unchanged; retains growth, inflation forecast

It's time RBI became data-dependent: PNB Gilts MD & CEO Vikas Goel

'A lot would depend on the RBI and liquidity. There is a glide path for yields now'

A 'Slice' of lifeline: Fintech firm to infuse capital in North East SFB

To merge Fintech for capital infusion in the bank, lower promoter stake

HDFC Bank rejigs portfolios of top brass; Arvind Kapil to head mortgages

Arvind Kapil to head mortgages; To have two branching heads

A first in 10 yrs: Currency flow drops in H1 due to Rs 2k note withdrawal

The CIC on March 31, 2023, was Rs 33.78 trillion, which fell to Rs 33.01 trillion on September 22 -- a difference of about Rs 76,658 crore

Axis Bank's infusion will give Max Life enough capital for 2 yrs: Tripathy

This deal was for Axis Bank to go up to 20%, and in the first tranche they had done 13 and 7 more was to go