Page 18 - Subrata Panda

Religare Enterprises begins governance review of firm, subsidiaries

Board has decided to approach new promoters, the Burman Group, for funds

Want to build biz in India for 100 years: Shriram Capital-Sanlam executives

Executives talk about their plans for the wealth management business and the group's banking ambitions

Inflation eases, but RBI may not go for aggressive rate cuts: Economists

India's headline CPI inflation eased to 3.61 per cent in February - the lowest since July 2024 - on the back of a sharp decline in food inflation, mostly due to lower vegetable prices

HDFC Bank plans to sell Rs 1,028 cr bad loans via Swiss challenge auction

Of the Rs 478 crore, Rs 329 crore comes from 1,973 mortgage and home loan accounts, Rs 77 crore from 3,232 commercial vehicle loan accounts, and Rs 72 crore from 2,074 agriculture loan accounts

Major issuers to tap bond market to raise over Rs 20K cr in next few days

REC is tapping the market on March 17 to raise as much as Rs 6,000 crore through two tranches via bonds maturing in three years and 10 years

RBI invites application for SRO in account aggregator space by June 15

The complexity necessitates frequent coordination among REs to address various operational issues

Axis Bank eyes up to Rs 4,000 crore from stake sale in Axis Finance

Sale proceeds for capital infusion in arm; sale likely in 3-6 months

IndusInd Bank CEO confident of Q4 net profit despite derivatives hit

Kathpalia assures strong capital adequacy as promoters reaffirm trust in bank

Several hits, few misses in Debasish Panda's 3-year tenure as Irdai chief

Irdai under Panda moved to principle-based regulation from rule-based regulation

RBI may have concerns about my leadership, says IndusInd MD & CEO

Discrepancies in derivatives portfolio to have 2.35% impact on the lender's net worth

Insurance cos knock on Irdai door seeking more time to implement Bima-ASBA

Insurers seek Irdai's nod for more time to implement Bima-ASBA, citing early deadline; feature allows policyholders to block premiums until underwriting is completed

Fundraising by India Inc through bonds go past Rs 1 trillion in February

Despite rising yields, firms rush to raise funds, pushing FY25 issuances to a new record

RBI grants only one-year extension to IndusInd Bank CEO Sumant Kathpalia

IndusInd Bank's board had sought a three-year reappointment from RBI

RBI's buy-sell swap strategy incentivising corporates to raise funds abroad

Firms may tap overseas mkt to raise funds

Insurance cos knock on Irdai door seeking more time to implement Bima-ASBA

The insurance regulator had in mid-February set the March 1 deadline for rollout of the feature, which allows insurers to take a customer's consent and block the premium amount for a period of 14 days

RBI's fresh liquidity measures aimed at facilitating rate transmission

The RBI's active intervention in the foreign exchange market to avoid sharp decline in rupee against the dollar has been weighing on the banking system liquidity

Economists expect 25 bps rate cut in April meeting to support growth

Net liquidity in the banking system was in a deficit of Rs 1.09 trillion as of Monday, according to the latest data by RBI

RBI deputy guv Swaminathan J moots empathetic stance for stressed MSMEs

Additionally, he highlighted the need for digital solutions, alternative credit assessment models, and greater participation in platforms like TReDS by lenders to mitigate the funding challenges

Arcil buys Ujjivan Small Finance Bank's stressed loan folio for Rs 34 cr

ARCIL's bid translates into a recovery of 9% for the lender

RBI adopting more accommodative stance under Sanjay Malhotra: Analysts

This is reflected in the measures taken by the central bank in the past few months to spur economic growth and ease liquidity tightness