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Kotak Mahindra Bank shares in focus on deal to buy Deutsche Bank’s retail business for Rs 282 croreKotak Mahindra Bank will acquire Deutsche Bank India's retail banking, private banking and wealth management business, adding a sizeable lo...- Kotak Mahindra Bank to acquire Deutsche Bank's India retail banking businessKotak Mahindra Bank has significantly expanded its footprint by acquiring Deutsche Bank's retail, private banking, and wealth management op...
- Born out of microfinance, Bandhan Bank now bets big on AI and digital bankingAs Bandhan Bank accelerates its transition from a microfinance-led institution into a universal bank, Executive Director & COO Ratan Kumar ...
- Delhi allows regularisation of 1,521 illegal colonies: How to register your property online, check all key detailsDelhi's ambitious housing reform aims to regularise nearly 10 lakh homes in 1,521 unauthorised colonies through a simplified online process...
- India's affluent are taking instant personal loans to protect long-term investmentsIndian banks are seeing a rise in personal loan applications from affluent savers who prefer to keep investments intact. This trend, driven...
- Dream of buying Rs 50 lakh homes fades as developers go premium: ReportAffordable homes are becoming scarce in India's big cities as developers are now building more luxury properties. This shift means banks an...
- Banks to lend more to the rich to push mortgage growthBanks are strategically targeting the luxury housing market to boost mortgage growth, offering tailored loan products to affluent buyers se...
- StanC keen to break with local banks, play wealth managerStandardChartered is shifting focus from lending to wealth management in India, aiming to attract $200 billion in net new money over five y...
- Bajaj Housing shares may dive 21%, believes Kotak Equities. Initiates coverage with Rs 100 targetKotak Institutional Equities has initiated a "sell" rating on Bajaj Housing Finance, citing expensive valuations and a potential 21% downsi...
- Standard Chartered wants to be banker to India's affluentStandard Chartered is boosting its wealth management operations in India, aiming to capitalise on the country's growing affluence. The bank...
- Majority of Ultra HNIs buying luxury property for capital appreciationAccording to the survey, there is a robust economic optimism among High-Net-Worth Individuals (HNIs) and Ultra High-Net-Worth Individuals (...
- Citi’s India retail unit can add heft to Kotak, be a good buy for HDFC Bank: CLSAReports suggest five banks including HDFC Bank, Kotak Mahindra Bank, Axis Bank, IndusInd Bank and DBS Bank have been shortlisted.
- Bank of India had lent Rs 23 crore to 2 Gupta companiesBank of Baroda, which plans to close operations in South Africa, is likely face a loss of Rs 120 crore this quarter if the Guptas fail to r...
- Axis' fixed rate home loans cut to 10.4 per centAxis Bank on Tuesday cut interest rates on its fixed rate home loans by 135 basis points to offer up to 20-year mortgages for 10.40 per cen...
- Bajaj Finance housing arm aims to give Rs 2, 000 crore home loans in FY16He said that the company would be target the affluent and super affluent sections of society for its home loans business and focus on the s...
- See latent demand for 1.5 cr homes in low income segment: Jairam Sridharan, Axis BankOur banks and financial institutions are offering loan product to consumers who earn more than Rs 25,000 a month.
- Axis Bank's new co-branded credit card to benefit high-fliersAvailable in two variants, World and World Select, the card allows customers to accumulate reward points - or 'miles' - on spends made usin...
- Axis cuts first-year home loan rate to 8%In a bid to grab market share, Axis Bank has dropped its home loan rates to 8% for the first year.
- Affordable housing in India is not sub-primeThere are fundamental differences, both in the economic situation and the customer segment that constituted “sub-prime” in the US and the s...
- Credit card complaints on the riseOne-fifth of the banking services-related complaints come from credit card customers. Incidentally, the maximum number of complaints pertai...
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