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Subrata Panda

Subrata Panda

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We don't want to join any party: RBI Guv on rate cut by other central banks

We are not managing the exchange rate, Das clarified

We don't want to join any party: RBI Guv on rate cut by other central banks
Updated On : 19 Oct 2024 | 10:24 AM IST

Manappuram Finance's stock tumbles 14% on RBI action against subsidiary

According to the report, Asirvad contributes around 27 per cent to the consolidated assets under management (AUM) of Manappuram Finance

Manappuram Finance's stock tumbles 14% on RBI action against subsidiary
Updated On : 19 Oct 2024 | 12:29 AM IST

Stress in MFI sector largely due to customer overleveraging: Motilal Oswal

Situation to last for whole of FY25, with Q2 being the most challenging period, it says

Stress in MFI sector largely due to customer overleveraging: Motilal Oswal
Updated On : 18 Oct 2024 | 9:11 PM IST

Softening rates spur overseas bond issuances of Indian companies

High demand, lower costs drive global fundraising surge

Softening rates spur overseas bond issuances of Indian companies
Updated On : 18 Oct 2024 | 12:24 AM IST

Axis Bank Q2FY25 results: Net profit increases 18% to Rs 6,918 crore

Net interest margin drops slightly to 3.99 per cent compared to 4.05 per cent in the previous quarter, and 4.11 per cent in Q2FY24

Axis Bank Q2FY25 results: Net profit increases 18% to Rs 6,918 crore
Updated On : 17 Oct 2024 | 11:49 PM IST

Pvt life insurers mull new model for commission for distributor channels

Clawback, deferral, or reduction in payouts on the cards for distributors

Pvt life insurers mull new model for commission for distributor channels
Updated On : 16 Oct 2024 | 11:18 PM IST

IRR changes due to interest rates, not regulation: HDFC Life MD & CEO

She talks about the company's Q2 performance and the way forward

IRR changes due to interest rates, not regulation: HDFC Life MD & CEO
Updated On : 16 Oct 2024 | 12:27 AM IST

RBI looking to establish a global model of risk-focused supervision: DG

He highlighted that historically, crises have acted as catalysts for bringing supervisors together to address shared challenges

RBI looking to establish a global model of risk-focused supervision: DG
Updated On : 15 Oct 2024 | 11:17 PM IST

Over-reliance on AI poses financial stability risks: RBI Governor Das

Feasibility of expanding RTGS to settle transactions in USD, Euro, GBP can be explored

Over-reliance on AI poses financial stability risks: RBI Governor Das
Updated On : 15 Oct 2024 | 12:59 AM IST

JC Flowers ARC invites counterbids for Rs 1,351 crore of bad debts

Entities interested in bidding for the assets are required to submit expressions of interest (EoIs) by October 16, after which they will have until October 31 to conduct due diligence

JC Flowers ARC invites counterbids for Rs 1,351 crore of bad debts
Updated On : 14 Oct 2024 | 8:28 PM IST

Heavy reliance on AI can lead to concentration risks, says RBI governor

Banks have to ride on the advantages of AI and Bigtech and not allow the latter to ride on them, says Das

Heavy reliance on AI can lead to concentration risks, says RBI governor
Updated On : 14 Oct 2024 | 1:57 PM IST

Feasibility of expanding RTGS to settle transactions can be explored: Das

Divergence in global monetary policies can be expected to lead to volatility in capital flows and exchange rates, which may disrupt financial stability, says Das

Feasibility of expanding RTGS to settle transactions can be explored: Das
Updated On : 14 Oct 2024 | 12:43 PM IST

NBFCs raise Rs 3.23 trn in H1FY25 from domestic debt capital market

Private sector NBFCs raise Rs 1.91 trillion in H1FY25

NBFCs raise Rs 3.23 trn in H1FY25 from domestic debt capital market
Updated On : 11 Oct 2024 | 9:03 PM IST

Bandhan Bank's shares jump over 12% as key overhangs get resolved

The bank informed the exchanges that it has received RBI approval to appoint career PSU banker Partha Pratim Sengupta as MD&CEO of the bank for a period of three years

Bandhan Bank's shares jump over 12% as key overhangs get resolved
Updated On : 11 Oct 2024 | 7:51 PM IST

Growth at any cost approach of some NBFCs poses risks: RBI Governor

Governor Das warns of action for failure to do so; directs them to review compensation practices linked to targets

Growth at any cost approach of some NBFCs poses risks: RBI Governor
Updated On : 10 Oct 2024 | 12:30 AM IST

Non-life premiums fall 6.5% in September as crop, auto segments drag

In H1, premiums of non-life insurers were up 7% Y-o-Y

Non-life premiums fall 6.5% in September as crop, auto segments drag
Updated On : 08 Oct 2024 | 11:39 PM IST

Banks should avoid long-term, high-risk lending: FM Nirmala Sitharaman

Indian regulators are doing a world class job, Sitharaman said

Banks should avoid long-term, high-risk lending: FM Nirmala Sitharaman
Updated On : 08 Oct 2024 | 9:38 PM IST

All eyes on govt as RBI Guv Das, Dy Guv Patra's terms near expiry

Govt extends M Rajeshwar Rao's term by one year

All eyes on govt as RBI Guv Das, Dy Guv Patra's terms near expiry
Updated On : 06 Oct 2024 | 11:29 PM IST

'Out of turn' request: RBI seeks loan disbursement data from P2P companies

Norms tightened after flagging regulatory violations by some lending platforms

'Out of turn' request: RBI seeks loan disbursement data from P2P companies
Updated On : 04 Oct 2024 | 10:58 PM IST

HDFC Bank's deposit growth outpaces credit in Q2, helping meet target

Country's largest private sector has indicated that it would grow its advances at a slower pace than deposits

HDFC Bank's deposit growth outpaces credit in Q2, helping meet target
Updated On : 04 Oct 2024 | 8:45 PM IST