The Reserve Bank of India has approved NS Vishwanathan's reappointment as Axis Bank's non-executive chairman. His new three-year term will ...

IDFC First Bank has launched provident fund payment services through its EPFO integration. This integration allows establishments to initia...

HSBC is reportedly scaling back its involvement in riskier private credit deals, according to the Financial Times. This strategic shift ind...

Private banks significantly reduced bad loans by writing off nearly half of their exposure. This cleansing effort primarily targeted unsecu...

Avaada Group founder Vineet Mittal plans to borrow $750 million from global lenders. This new financing will refinance the company's existi...

Private banks saw stronger deposit growth than public sector lenders in the June quarter. Public sector banks, however, achieved faster cre...

Securitisation, a process through which lenders pool loans and sell them to investors to raise funds and free up capital for fresh lending,...

Quant Mutual Fund expects Indian equities to consolidate after the recent rally but believes micro-, small- and mid-cap stocks will drive a...

Indian banks witnessed a surge in lending during the April-June quarter, outpacing deposit growth and widening the funding gap. This trend,...

HDFC Bank has announced robust financial results for the April-June quarter of FY27. Gross advances surged 15.4% year-on-year to Rs 30.61 l...

Kerala's transport minister announced a plan to identify routes where KSRTC and private buses operate concurrently, following concerns from...

ICICI Bank is planning its first benchmark US dollar bond sale since 2017, aiming to raise at least $500 million through offshore bonds. Th...

India's private credit market is booming, nearly doubling to $25 billion in assets under management over five years, fueled by strong busin...

Indian markets experienced a volatile yet narrow trading range, concluding marginally lower as consolidation persists. Analysts await a dec...

India's banking sector is set for a major overhaul with the RBI's new acquisition finance framework, effective today. This move integrates ...

India's banking sector is experiencing significant leadership shifts, with multiple CFOs and senior executives departing private banks and ...

A significant reshuffle is underway in the finance departments of major Indian banks. Axis Bank and Bandhan Bank have seen their Chief Fina...