Kotak Mahindra Bank bets on deeper ties with customersKotak Mahindra Bank addresses the impact of RBI embargo on margins and unsecured loan business. Plans for branch expansion and deposit mobi...
22 Jul, 2024, 01.00 AM IST
Swiggy’s revenue up 24% in calendar year 2023; quick commerce unit economics improve: ProsusProsus, the largest shareholder in Swiggy, reported a 24% revenue growth for the year ended March 31, 2024, with Swiggy's gross order value...
24 Jun, 2024, 05.15 PM IST
Impact of RBI's embargo will be seen Q1 FY25 also: Kapish Jain, IIFL FinanceWhile other businesses are operating fine, this business, how it runs down is something that we will see by the end of the quarter to antic...
18 Jun, 2024, 04.26 PM IST
IIFL Finance starts special auditThe embargo was part of RBI's supervisory action over concerns related to certain loan disbursement practices.
24 Apr, 2024, 06.07 AM IST
Payments firm Cashfree posts 75% jump in FY23 revenue, losses bloat to Rs 133 croreTotal expenses for Cashfree more than doubled to Rs 750 crore during the year, mainly on account of employee costs jumping to Rs 198 crore ...
04 Jan, 2024, 08.08 PM IST
ETtech Explainer: The headlong rush for a payment aggregator licenceWhat does this payment aggregator licence mean? And why is it so significant for payment companies? ET explains.
20 Dec, 2023, 07.12 PM IST
After a year of regulatory ban, Razorpay, Cashfree secure RBI nod for payment aggregator businessUPI payments giant Google Pay, Mumbai-based expense management platform Enkash, payment gateway company Paymentz and Bengaluru-based neo ba...
20 Dec, 2023, 06.57 PM IST
Passive aggression, payment aggregatorsSome degree of harmonisation would be required to level the playing field between traditional and new-age payment aggregators. Banks have b...
04 Dec, 2023, 11.36 PM IST
Buy HDFC Bank, target price Rs 2050: Emkay GlobalHDFC Bank Ltd. key Products/Revenue Segments include Interest & Discount on Advances & Bills, Income From Investment, Interest On Balances ...
18 Jan, 2022, 09.54 AM IST
Buy HDFC Bank, target price Rs 1818: ICICI SecuritiesHDFC Bank Ltd., incorporated in the year 1994, is a banking company (having a market cap of Rs 827736.72 Crore).
20 Aug, 2021, 09.42 AM IST
Thank you, RBI for embargo: HDFC Bank CEO Sashidhar JagdishanHDFC Bank CEO Sashidhar Jagdishan has said that the RBI embargo has enabled the bank to reimagine its IT systems and processes and “turbo-c...
19 Aug, 2021, 12.24 PM IST
ICICI Bank plays its cards right to grow market share as ban hurts HDFC BankReserve Bank of India data for April showed that HDFC Bank lost nearly 160 basis points of market share since the end of November 2020, whe...
24 Jun, 2021, 11.09 AM IST
RBI modifies norms for undertaking govt business by private banks"Scheduled private sector banks, not having agency banking agreement with RBI, but intend to handle government agency business, may be appo...
10 May, 2021, 11.20 PM IST
Private banks allowed to undertake agency jobs for central and state govts without any fresh approval: RBIBanks seeking fresh approval from RBI for government agency businesses should be healthy and are not under prompt corrective action framewo...
10 May, 2021, 11.07 PM IST
Finance Ministry allows private sector banks for government related transactionsFinance minister Nirmala Sitharaman in a tweet said that private banks can now be equal partners in development of the Indian economy, furt...
24 Feb, 2021, 04.57 PM IST
- RBI seeks inputs for make-over of its website
Reserve Bank on Thursday said it is planning to revamp its website to make it more user-friendly.
01 Sep, 2011, 09.35 PM IST
- RBI orders enquiry into monetary policy leak
RBI governor YV Reddy on Tuesday ordered an enquiry into the leakage of its monetary policy, apparently after market players got a whiff of...
30 Jul, 2008, 02.41 AM IST