The telecom operator Vodafone Idea is in the process of raising capital from a mix of public sector and private lenders, showcasing signifi...

HDFC Bank reduced its lending rates by five basis points across maturities. Bank of Baroda will increase its three-month lending rate by te...

Government will meet state-owned lenders to attract foreign investment. This aims to stabilize the rupee and bridge the current-account gap...

Large microfinance companies including Muthoot Microfin and Satin Creditcare have raised their growth forecasts as private banks, small fin...

IN-SPACe seeks private partners to manage ISRO's new launch complex. This facility will support small rocket launches and enhance launch ef...

Responding to a question on when India could become a manufacturing hub, Jitendra Singh said the country was now "at the same level as any ...

DSP Mutual Fund’s Preethi R S remains constructive on India’s financial sector, favouring lenders with strong deposit franchises, disciplin...

ICICI 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's chairman emphasized the necessity of tariff adjustments for network investments. The company seeks Rs 45,000 crore funding ...

India's microfinance sector contracted in the first quarter after a previous rebound. Uneven monsoon progress weighed on rural demand and l...

Indian banks are raising significant dollar funds offshore to boost foreign currency deposits. Global banks are actively arranging these do...

Foreign investors reduced stakes in large banks during the June quarter. They simultaneously increased holdings in several mid-sized and sm...

HSBC, 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...

Banks are raising FCNR(B) deposit rates to attract dollars amid global rate increases. ICICI Bank and HDFC Bank have already adjusted their...

UAE is poised to spearhead India's special FCNR(B) deposit scheme, with enticing dollar rates and beneficial tax incentives attracting cons...

Banks increased fresh term deposit rates in June, led by private lenders. The average domestic term deposit rate rose to 5.99% for schedule...

Foreign investors reduced holdings in top private banks over the past year. They increased stakes in select public sector lenders, showing ...