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India's active credit cards cross 120 million in MayIndia’s credit card market crossed 120 million active cards in May, driven by strong new additions even as spending growth slowed, accordin...- Kotak Mahindra Bank has 'high ambitions' to deploy capital for growth, CEO saysKotak Mahindra Bank is actively pursuing acquisitions, including loan portfolios and alternative assets, to deploy surplus capital and fuel...
- 10 lowest floating vs fixed home loan interest rates: PNB, ICICI Bank, Bank of Baroda and moreHome loan interest rates: Choosing a home loan involves comparing floating and fixed interest rates. Floating rates can decrease but also i...
- Central Bank to launch GIFT city branch next month: MDCentral Bank of India is set to launch its IFSC Banking Unit at GIFT City next month with an aim to expand its international banking operat...
- Banks cede consumer durable loans to NBFCs as credit cards take over small-ticket financingBank loans for washing machines and televisions are falling. Banks are now focusing on credit cards for these purchases. Non-banking financ...
- Kotak’s asset quality gains drive robust Q4 show: Dnyanada VaidyaKotak Mahindra Bank delivered strong Q4 results with unexpected margin expansion and declining credit costs. While management anticipates f...
- Highest FD interest rates for senior citizens in May 2026: PSU vs private vs small finance banks with their top fixed deposit schemesSenior citizens seeking stable income and market-risk-free returns often turn to fixed deposits. Banks commonly offer enhanced interest rat...
- SC turns down Anil Ambani plea against 'fraud' tagThe Supreme Court has rejected Anil Ambani's appeal. He challenged banks classifying his loan accounts as fraudulent. The court found no gr...
- IDBI's loan book well-balanced now, aim to keep retail at 60%: CEO Rakesh SharmaIDBI always had more corporate exposure but since PCA (prompt corrective action) was imposed, partly due to force and partly by choice, we ...
- IDBI brass ignored all risks, gave Siva loans: CBIIDBI’s top management modified various conditions of the loan, including interest rates, its ‘medium-term loan’ classification, corporate g...
- CBI probes documents on loans to Aircel ex-promoter: IDBI BankThe state-owned bank had given a loan to Axcel Sunshine Ltd in February 2014, which had turned into a non-performing asset (NPA) or bad loa...
- Vijay Mallya used IDBI loan for KFA to fly private jet: ChargesheetAviation profits, however, plunged from 2008 in kilter with a decelerating global economy and subsequent record prices of crude oil, pushin...
- CBI probe into Vijay Mallya may widen to more banksAbout two dozen banks including IDBI under scanner for alleged irregularities in loans to KFA.
- CBI court issues warrant against Vijay Mallya in IDBI loan caseCBI said undue favours were shown to KFA in sanctioning and disbursal of loans of Rs 1,300cr and there were many acts of omission and commi...
- CBI opposes bail pleas of 9 accused in IDBI loan default caseLawyers, Abad Ponda and Girish Kulkarni, argued for bail as all of them come from respectable families and have roots in the society.
- 2 United Breweries Group companies settled dues just before Kingfisher Airlines sought fresh loan from IDBI: CBIThis was mentioned in the charge sheet filed by CBI on Tuesday in a special court here.
- IDBI loan case: Kingfisher Airlines counters ED's charges in courtThe court had on Saturday reserved its order till today. It is likely to hear the arguments of KFA and may pass an order on ED's NBW reques...
- ED sees political push behind Vijay Mallya’s Rs 950-crore loan from IDBI BankInvestigators say they have reason to believe that pressure from the top was a reason behind the unusually fast clearance and that this asp...
- IDBI Bank’s credit quality may worsen on high exposure to stressed sector: Moody’sThe bank’s ability to absorb higher credit costs is relatively limited as its profitability factor is the lowest among public sector banks.
- IDBI Bank’s high corporate exposure affects asset quality: Moody's Investors ServiceState-owned IDBI Bank’s credit quality may worsen due to its high exposure to stressed corporate loans along with weak profitability
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