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Adani, Vedanta, Patanjali among 26 vying for Jaiprakash Associates' assets

JAL was admitted to the Corporate Insolvency Resolution Process (CIRP) through the National Company Law Tribunal, Allahabad Bench, order dated June 3, 2024

LIC rejects USTR's claim of having unfair advantage as state-owned firm

Sovereign guarantee has never been used as a marketing tool for policies, says company

HDFC Bank gains Rs 1.5 trn in deposits, CD ratio drops to 97% in Q4

As a result, HDFC Bank's credit-deposit (CD) ratio declined to 97 per cent at the end of March 2025, a drop of 800 basis points (bps) since March 2024

IndusInd Bank's retail & small biz deposits decline by Rs 3.5k cr in Q4

Advances contract by Rs 19,000 cr in Q4 but increased 1.4% Y-o-Y

Broad-based transmission of policy rates still some way off, say experts

RBI has moved liquidity into the surplus side from a deficit four months ago, and some experts feel it may be preparing for monetary transmission before it cuts the repo rate again next week

Recent decline in headcount not due to AI use: SBI Deputy MD Nitin Chugh

The nature of jobs will undergo a transformation going forward, Chugh said

HDFC Bank reduces deposit rates by 35 bps and 40 bps on select FDs

Now, the bank is offering a 7 per cent interest rate on deposits of up to Rs 3 crore for 35-month and 55-month tenures

Indian cos raise Rs 58,000 cr in FY25 from overseas capital market

Lower hedging cost, demand for high-yield paper, need to diversify borrowing sources drove the fund raise

100% FDI in insurance a step forward, but safeguards unclear: USTR report

These safeguards include requirements such as a majority of board members being resident Indians and higher solvency requirements for foreign-invested insurers domiciled outside India

Microfinance stress continues to affect loan originations: CRIF data

Rising delinquencies, over-leverage strain the sector

RBI strengthening financial system amid challenges: Governor Malhotra

Central bank's role has expanded significantly beyond initial mandate, he says

RBI is architect of India's financial transformation: President Murmu

Central bank has ensured financial system's resilience in 'face of any adverse international trends'

Banks, financial institutions raise Rs 1.17 trillion via CDs in two weeks

This period saw IndusInd Bank aggressively tapping the CD market with its liquidity coverage ratio declining after its disclosure of discrepancies in its derivatives portfolio

IndusInd Bank fiasco prompts large state-run banks to tap CD market

Market sources indicated that the fiasco at IndusInd Bank may have prompted large state-owned banks to tap the CD market to raise funds for investing in IndusInd Bank's CDs

RBI allows banks to charge customers Rs 23 per ATM transaction from May 1

Additionally, the RBI has said the ATM interchange fee will now be decided by the ATM network

ICICI Bank refutes allegations of illegal staff termination

Terms allegations of termination of 782 employees 'voluntary abandonment of services'

Around 20% of UHNWIs look to settle abroad: Kotak Private Banking survey

They prefer equities investing followed by commercial real estate

Regulations should safeguard, not stifle: RBI Governor Sanjay Malhotra

Important to make financial systems secure, need to be mindful of not stifling investments

IRFC, IIFCL raise funds through long term bonds at attractive coupon rates

While IRFC raised Rs 3,000 crore through 10-year bonds at a coupon rate of 7.17 per cent, IIFCL raised Rs 1,000 crore through 7-year bonds at 7.28 per cent

Regulations must not create unintended barriers to financial inclusion: Guv

Only a matter of time when cross-border payments will become much easier and cost-effective, says RBI Governor Sanjay Malhotra