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NARCL offers Rs 360 crore to acquire Delhi-based Agson Global's bad debt

80 per cent haircut for lenders if offer accepted

SBI raises Rs 10,000 crore at a coupon of 7.36% in 15-year infra bonds

Several other state-owned lenders such as Canara Bank and Bank of India are also planning to raise funds through infrastructure bonds

Chandra Shekhar Ghosh hangs up boots as Bandhan Bank MD and CEO

Ghosh's abrupt departure surprised many, given the bank's board had in November last year approved extending his tenure until 2027, subject to the banking regulator's approval

'We do not worry about (UPI) market share', says Amazon Pay India CEO

When asked if the regulator has been asking them to increase market share, Bansal said the need is to focus on growing the Unified Payments Interface (UPI) ecosystem

Securitisation volume increases 17% in Q1 FY25 to Rs 45,000 crore

Participation of banks as originators offsets impact of HDFC's exit from market

State Bank of India invites EoIs for stressed exposure in Amul Industries

Entities submitting EoIs will be allowed to conduct due diligence on the asset by August 5, following which binding bids will be invited during the e-auction on a 100 per cent cash basis

Swiss challenge auction: Union Bank gets sole counter bid for Jaypee Health

Bank called for a Swiss auction for 5 accounts after receiving binding bids from a list of 25 accounts for sale

Bandhan Bank appoints Ratan Kumar Kesh as interim MD&CEO for 3 months

Kesh currently holds the position of executive director & chief operating officer at the bank

HDFC Bank's share price plunges over 4% after weak Q1FY25 numbers

HDFC Bank's weightage in it will double, leading to strong inflows. Following the disclosure, the bank's share price touched an all-time high but since then it has shed some of its gains

Result preview: Cost of deposits to weigh on banks' margins in Q1

According to Bloomberg analysts, listed banks are forecasted to see a 14.5 per cent year-on-year (Y-o-Y) increase in net profit

BBPS-credit card activation: Banks expect 3-4 weeks' leeway for integration

IBA liaising with regulator; issuers put in place systems to go live on BBPS

RBI Governor Das asks banks to step up efforts to fight digital frauds

RBI governor, deputy governor met CEOs of public sector banks, private banks

HDFC Bank share price touches all-time high, closes at Rs 1,768.35

This is on hopes that lender's weight in MSCI Emerging Market index will double in August

HDFC Bank share price hit all time high; up 2.18% from previous day's close

Analysts expect more upside in the run up to August rebalance of MSCI index weightage

HDFC Bank may see inflows of up to $4 bn as MSCI weightage to rise

Move could lead to doubling of weight in MSCI index; over $3 bn of passive buying, says Nuvama report

HDFC Bank to migrate its core banking system to a new platform on July 13

Customers will have limited access to bank's services during the 13.5-hour upgrade

We walked the talk on value of new business: ICICI Pru Life CEO & MD Kannan

VNB has more than doubled and margins have expanded from 17 per cent to 32 per cent. So, given this, I would say, we have achieved more than we had told the market

The runway for mortgage finance in the country is immense: Deepak Parekh

"Urbanisation in India is an irreversible trend. Currently 32 per cent of the population reside in cities and this is expected to be 40 per cent by 2030," Parekh said

Sale of high-value policies picked up from mid-Mar: Kotak Life Insurance MD

With the financial year (FY23) having drawn to a close, Mahesh Balasubramanian, Managing Director, Kotak Life Insurance, spoke to Subrata Panda on a range of topics

Remittances decline 23% sequentially to $2.1 billion in February

Further, in April 2022-February 2023, outward remittances under LRS stood at $24.18 billion, an all-time high