Page 27 - Finance

Bond yields rise as debt auction sees weak demand; dip on weekly basis

The overall sentiment remained weak because of hawkish commentary from central bankers across the world, which dimmed the hopes of domestic interest rate cuts later in 2023, said a dealer at a bank

Fed's message on rate hold for 'some time' clashes with 2023 rate-cut bets

They're also likely to signal another 50 basis points of tightening next year, according to economists, and an expectation that once they reach that peak, they'll stay on hold through all of 2023

Fixed denominations vs token system: Why digital cash needs to feel real

If the payment market is cornered by a few powerful private-sector platforms, they may impose hidden charges and fees

Punjab National Bank plans Rs 1,000 cr AT-1 bond issue to shore up capital

The cost of paying coupon on tier-1 bonds, a form of debt, is less than servicing equity capital

Govt may extend bid submission deadline for stake sale in IDBI Bank

January 2023 could be new date following requests from transaction advisor

Banks need to scale up investments in technology, says RBI's MK Jain

Financial institutions must build capacities in analytics and HR, says central bank deputy governor

RBI announces extension on HTM bond books dispensation till March 2024

Central bank decision to provide cushion for banks on government bond investments

RBI introduces single-block-and-multiple debits functionality in UPI

Feature will make payments easier for e-commerce and investments in securities

Rally in PSU banks to sustain on higher margins, loan surge: Morgan Stanley

Brokerage raises price targets for non-SBI state-owned banks

Cooling prices give Reserve Bank of India space to slow interest-rate hikes

Das will announce the rate decision through a webcast at 10 am in Mumbai on Wednesday, and will address a press conference at 12 pm.

SBI personal banking loan book up Rs-5 trn mark, helped by digital push

Next Rs one trillion of non-home retail loans by Q3FY24

'Our gross NPAs may fall below 8% this FY if there's NARCL resolution'

'After coming out of four years of losses, we want to grow qualitatively'

HDFC Bank likely to raise Rs 15,000 cr via tier-2 bonds, largest this FY

Lenders return to debt market as yields soften and credit demand booms

Retail e-rupee pilot begins tomorrow: Here's what you can expect from it

The transactions using the retail CBDC can be both person-to-person as well as person-to-merchant, and payments can be made using QR codes shown at merchant locations

Lump sum MF investments plunge in October as investors take SIP route

Flows down 64% from peak amid uncertain market conditions, valuation concerns

Can India's new finance hub in Gujarat become the next Singapore or Dubai?

Gujarat International Finance ­Tec-­City, more commonly known as GIFT City, occupies 886 acres between Gujarat's capital, Gandhinagar, and Ahmedabad, its biggest city

Indian Overseas Bank, Bank of Maharashtra hike MCLR by up to 25 bps

One-year median MCLR of scheduled commercial banks has increased from 7.75 per cent in September

Forex cover for imports may fall to lowest this year under Modi govt

There could be $27.7 billion dollars of withdrawals in the next five months

PSBs' Q2 net profits zoom 50% YoY on steady rise in interest income

Strong loan growth, rising lending rates give the boost

MF penetration: Maharashtra, Delhi in lead; Jharkhand in top 10

Industry insiders say MFs have gained better traction in Jharkhand due to presence of a large salaried class and strong distributor network