Marquee issuers raise nearly ₹9,700 crore through bonds despite higher government security yields, as November corporate bond issuances reach around ₹50,000 crore
Supreme Court review petition challenges the October 15 ruling overturning YES Bank's ₹8,415 crore AT-1 bond write-down, with potential implications for its capital position
Bank credit growth stayed above 19 per cent for a fourth consecutive month-end in October, widening the gap with deposit growth as lending rose 19.54 per cent YoY
Major lenders have increased fixed deposit rates on select tenures following the RBI's 25-basis-point repo rate hike in October, while lending rates have also begun to rise
India must embrace AI to remain competitive, while leveraging overseas acquisition opportunities and strengthening its investment proposition to attract global capital, says Citi's Viswas Raghavan
Citi's Vis Raghavan says India must become an AI-native nation, while highlighting strong pipelines for IPOs, M&As and cross-border deals amid growing global uncertainties.
IIFL Finance plans to deploy 70% of the capital raised into gold loans and secured business lending, while using the rest to repay debt
SBI, Axis Bank and Bank of Baroda plan to reinvest proceeds from the proposed UPI MDR levy in technology, security, infrastructure and merchant expansion rather than boost profits
The rupee could strengthen to 92 per dollar if the US-Iran conflict eases, while bond yields may trade at 7-7.5 per cent amid inflation risks, rate hikes and capital flows.
HSBC India may join Apple Pay by FY27-end, as the iPhone maker holds discussions with major Indian banks over commercial terms
The Delhi High Court has upheld BharatPe's right to approve key decisions at Unity SFB, rejecting the lender's appeal in a dispute over a proposed capital increase and stake dilution.
Outstanding gold loans at NBFCs rose 66.1 per cent year-on-year in September, outpacing other retail segments, while concerns emerged over lending to borrowers with overdue loans
Borrowers with multiple gold loans, smaller tickets and a history of missed payments are more vulnerable, says MD & CEO Bhavesh Jain
Growth in net interest income, lower provisioning, improved asset quality drive robust earnings
Sidbi raised ₹5,607 crore through five-year bonds against a planned ₹6,000 crore issue, attracting bids worth over ₹13,300 crore amid a rally in the government bond market
SBI reports a 14.28 per cent rise in Q2FY27 net profit to ₹23,038 crore as interest income grows and provisions fall; margins improve as the bank retains its growth guidance
SBI estimates the impact of the transition, net of taxes, at Rs19,500 crore
Asserts there is no fragility in the economy and India needs less cynicism
MDR is not intended to be profit-accretive; bank will reinvest proceeds to improve scale of UPI
The six-member committee will review banking regulations, capital requirements, priority sector lending and digital innovation, and recommend reforms to boost global competitiveness.