Global Market: Euro zone banks tighten credit standards amid geopolitical risks, ECB survey showsEuro zone banks tightened lending standards in the second quarter as geopolitical uncertainty and economic risks prompted greater caution, ...
Credit-deposit gap to persist as loan demand dynamics have changed, says SBI ResearchA noticeable gap between credit and deposit growth is troubling the banking landscape. Consumers are shifting their savings from traditiona...
ICICI Bank shares rise 3% after Q1 results. Why Bernstein and 4 other brokerages see up to 32% upsideICICI Bank shares rose 3% after the lender reported strong Q1FY27 results, with net profit growing 15.9% and net interest income rising 12....
Rs 91,000 crore wipeout: What spooked HDFC Bank, Axis Bank and Kotak investors even as credit growth picked up?Nearly Rs 91,000 crore was wiped off the market value of HDFC Bank, Axis Bank and Kotak Mahindra Bank as stronger credit growth failed to o...
BBBump it up, boys! The great Indian economic rating puzzleIndia's fiscal discipline has improved significantly, supported by strong economic growth. Government deficit has narrowed while growth con...
Govt explores linking land records with ULI for faster farm creditThe Department of Land Resources is exploring digital land record integration with ULI. This initiative aims to provide faster and secure i...
Banks seek RBI clarity on collateral-free loans up to Rs 20 lakh for small businessesBanks face challenges extending collateral-free loans up to twenty lakh rupees. Some accounts are not covered by the government guarantee s...
West Asia crisis, uncertain monsoon major risks for growth: RBI Governor Sanjay MalhotraReserve Bank Governor Sanjay Malhotra noted West Asia crisis and weak monsoon pose growth risks. India's economy grew over seven percent re...
Crisil Ratings upgrades long-term ratings of Vedanta group companiesCrisil Ratings has upgraded Vedanta group companies' long-term ratings to AA+ and assigned a stable outlook. This upgrade reflects the stro...
US Stock Market: Healthy loan growth and stable credit trends boost outlook for US bank stocksMajor Wall Street banks say the U.S. consumer remains resilient, with strong spending, rising loan balances and stable credit quality backe...
RBI proposes stricter data governance framework for banks, NBFCs; seeks feedback by Aug 17The Reserve Bank of India has proposed a new data governance framework. This framework aims to strengthen data risk management for financia...
JioBlackRock Mutual Fund files draft papers with Sebi for 2 new schemesJioBlackRock Mutual Fund has filed draft documents with Sebi to launch two new schemes: the JioBlackRock Corporate Bond Fund and the JioBla...
China's record consumer defaults undermine Beijing's push to boost spendingChinese banks are reluctant to increase lending as bad loans rise. The government wants borrowing to boost consumption and economic growth....
HDFC Bank gets RBI nod to appoint Rajiv Kumar as part-time chairmanHDFC Bank received RBI approval for Rajiv Kumar's appointment as part-time chairman. His three-year term as chairman will begin on July 15,...
Debt mutual funds see over Rs 1 lakh crore outflows in June. Is the outflow trend likely to continue?Debt mutual funds saw Rs 1.09 lakh crore in June outflows, driven largely by seasonal corporate treasury and advance tax-related redemption...
Tata Capital joins the race to own a piece of India's dormant wealthTata Capital's acquisition of an 88.6% stake in Kerala-based Yogloans signals growing confidence in India's fast-expanding gold loan market...
Weak monsoon may weigh on rural demand, credit growth in coming months: S&P Global RatingsA weak monsoon poses risks to India's rural economy and farm incomes. Sectors like agriculture and microfinance face significant challenges...