The Reserve Bank of India kept its benchmark repo rate steady at 5.25 percent. It also raised its economic growth forecast and lowered infl...

A word of caution for all those who have exposure to mid cap stocks or are planning to increase it. Just keep one thing in mind: If there i...

"On 125th year, that means 2032, we have set a target of 35 lakh crore business. In June we are at 15 lakh crore. That means we have to bec...

The fresh injection is expected to unlock hundreds of crores in operational debt capital from GetVantage’s financial institution partners.

Punjab National Bank will not monetize subsidiaries soon, focusing on operational strengthening for future value. The bank's capital adequa...

The price of crude oil is down again despite the escalating tensions in the Gulf region. That augurs well for markets. This does not mean t...

The next time uncertainty over the firing of missiles in the Gulf region makes you anxious, remember this: It is not the first time that gl...

India's banking sector requires reforms for sustained growth and improved credit access. Banks must grow significantly to meet microenterpr...

Canara Bank will frontload expected credit loss provisioning within two years. The bank revised its provisioning projections upward to ₹12-...

Broadly speaking, both private and PSU banks are impacted by what happens to the economy. There might be some difference because of the foc...

India's economy shows strong macroeconomic fundamentals and a resilient financial system. Robust domestic demand and healthy corporate bala...

Shriram Finance plans to double its gold loan contribution to five percent. The company also intends to grow its MSME portfolio to twenty p...

IDFC 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: IDFC FIRST Bank on Saturday reported its highest-ever quarterly profit after tax (PAT) of Rs 1,075 crore for th...

India’s MSME credit gap sits at Rs 25-30 lakh crore. Of the 87 million registered MSMEs, only 36 million have ever taken a formal loan.

Bank of Baroda's June-quarter profit fell 72% due to a Rs 5,680 crore one-off settlement, despite strong loan growth and stable asset quali...

Godrej Capital acquired Kanakadurga Finance's gold loan business to expand its consumer finance segment. This acquisition aims to build a R...