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INDIAN PRIVATE SECTOR LENDERS
State Bank of India returns to dollar debt market, bankers see strong demandState Bank of India is set to re-enter the dollar bond market, marking its first appearance in nearly a year. The nation's leading financia...
Vodafone Idea secures Rs 6,400 crore in first funding tranche from SBI-led banks after AGR reliefThe telecom operator Vodafone Idea is in the process of raising capital from a mix of public sector and private lenders, showcasing signifi...
HDFC Bank cuts MCLR by 5 bps, Bank of Baroda raises 3-month rate by 10 bpsHDFC Bank reduced its lending rates by five basis points across maturities. Bank of Baroda will increase its three-month lending rate by te...
Has Dalal Street's near term outlook improved? HSBC lists 4 headwinds, 3 tailwinds to watch out forHSBC Mutual Fund remains constructive on Indian equities, citing improving earnings, private capex, policy support and potential trade deal...
Govt taps inputs from public sector banks to lure foreign capitalGovernment will meet state-owned lenders to attract foreign investment. This aims to stabilize the rupee and bridge the current-account gap...
As banks shrink microfinance books, bigger MFIs prepare to grab the gapLarge microfinance companies including Muthoot Microfin and Satin Creditcare have raised their growth forecasts as private banks, small fin...
IN-SPACe moves to hand over Isro’s new Rs 986 crore small rocket launch complex to private sectorIN-SPACe seeks private partners to manage ISRO's new launch complex. This facility will support small rocket launches and enhance launch ef...
India a leader in quantum and space tech: Jitendra SinghResponding to a question on when India could become a manufacturing hub, Jitendra Singh said the country was now "at the same level as any ...
Banks or NBFCs? DSP's Preethi R S explains where she sees the best opportunitiesDSP Mutual Fund’s Preethi R S remains constructive on India’s financial sector, favouring lenders with strong deposit franchises, disciplin...
ICICI Bank, Axis Bank tap dollar debt again in less than two months: ReportICICI Bank and Axis Bank have returned to the U.S. dollar debt market, each looking to raise $300 million through upcoming bond issues, set...
Vodafone Idea needs tariff hikes to sustain network investments: Kumar Mangalam BirlaVodafone Idea's chairman emphasized the necessity of tariff adjustments for network investments. The company seeks Rs 45,000 crore funding ...
Nifty can rally to 28,615 by this December in Axis’ bull case scenario. Here’s whyAxis Direct expects the Nifty to climb to 28,615 by December in its bull-case scenario, driven by a revival in private capex, resilient dom...
Microfinance lending dips as uneven monsoon alters the landscapeIndia's microfinance sector contracted in the first quarter after a previous rebound. Uneven monsoon progress weighed on rural demand and l...
Indian banks' new hunt for diaspora dollars pumps up loans marketsIndian banks are raising significant dollar funds offshore to boost foreign currency deposits. Global banks are actively arranging these do...
FIIs build a new Banking XI without the usual heavyweights. Will the big banks return?Foreign investors reduced stakes in large banks during the June quarter. They simultaneously increased holdings in several mid-sized and sm...
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...
HDFC, ICICI Bank rates up for dollar depositsBanks are raising FCNR(B) deposit rates to attract dollars amid global rate increases. ICICI Bank and HDFC Bank have already adjusted their...
FCNR deposits from Indian diaspora in UAE come in big; some say flow could be biggerUAE is poised to spearhead India's special FCNR(B) deposit scheme, with enticing dollar rates and beneficial tax incentives attracting cons...
Deposit rates rise as banks fight for fundsBanks increased fresh term deposit rates in June, led by private lenders. The average domestic term deposit rate rose to 5.99% for schedule...
FIIs increase PSU exposure, trim stakes in private banksForeign investors reduced holdings in top private banks over the past year. They increased stakes in select public sector lenders, showing ...