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SBI, HSBC and ICICI lead India's overseas deposit drive, data showsHSBC, SBI and ICICI Bank emerged as the top beneficiaries of the RBI’s dollar deposit scheme for NRIs, raising $6.14 billion, $4.12 billion...
RBI special windows seen big enough to bring in $100BIndia's new forex inflow programs may attract approximately one hundred billion dollars. These special drives have already mobilized over f...
Forex kitty grows $6 billion as dollar count risesIndia's foreign exchange reserves saw a significant rise of $6.1 billion. This increase occurred in the week ending July 24, reaching $682....
Mid-tier private banks rake in more low-cost deposits"Our Casa was only 10% initially. For the first three or four years of taking over management of this bank, we slowed down the loan book an...
The future of personal loans is pay for what you needTraditional loans assumed fixed needs, but modern financial requirements are often incremental. Borrowers now seek flexibility to access fu...
The evolution of mobile banking apps into financial operating systemsMobile banking apps now serve as primary financial interfaces for millions. Consumers expect a single platform for all their financial need...
India's factory output grows 7.3% in June, fastest pace in nearly two yearsIndia's industrial production surged 7.3% in June, marking its fastest growth in nearly two years. Manufacturing and electricity generation...
Patchy rains may hit rural lending, banks stay cautiousBankers are closely watching monsoon rains and their impact on rural credit. Uneven rainfall poses inflation risks for summer crops and rur...
Ahead of Market: 10 things that will decide stock market action on TuesdayIndian markets snapped a five-session losing streak as easing Iran-US tensions, lower crude prices and upbeat earnings lifted sentiment. Se...
IDFC First Bank shares soar 9% after Q1 profit jumps 132% to Rs 1,075 crore. What are analysts saying?IDFC First Bank share price gained 9% after it reported its highest-ever quarterly profit after tax of Rs 1,075 crore. Net interest income ...
Stocks to buy in 2026 for long term: Dr Lal PathLabs, IDFC First Bank among 5 stocks that could give 10-30% returnNuvama has reiterated its 'Buy' rating on Dr Lal PathLabs and raised the target price to Rs 2,140 from Rs 1,900, implying a potential upsid...
Stocks in news: IDFC Bank, Maruti Suzuki, ONGC, BoB, Adani EnergyIn today's trade, shares of IDFC Bank, Maruti Suzuki, ONGC, BoB, Adani Energy among others will be in focus due to various news development...
Costs and provisions down, IDFC Bank will continue to bolster earnings: V Vaidyanathan, MD & CEOOur credit cost was 2.13% of loans including the microfinance portfolio, against a guidance of 2.10%. This year, encouraged by seeing our c...
Cards continue to fly; credit goes to the big playersThe additions were led, once again, by the country's largest issuers. HDFC Bank topped the list, adding 163,000 net new credit cards and ed...
IDFC First Bank Q1 profit tops 1,000 crIDFC First Bank reported its highest-ever quarterly profit at ₹1,075 crore for June, more than doubling year-on-year, driven by strong NII ...
IDFC First Bank Q1 Results: Profit shoots up 132% YoY to record Rs 1,075 crore; NII jumps 21%IDFC First Bank Q1 Results: IDFC FIRST Bank on Saturday reported its highest-ever quarterly profit after tax (PAT) of Rs 1,075 crore for th...
IDFC First Bankscam: CBI searches in Chandigarh, LudhianaThe CBI conducted searches in Chandigarh and Ludhiana concerning a Rs 657 crore fund misappropriation. These searches targeted beneficiarie...