Page 4 - Subrata Panda

Incremental CD ratio moderates to 77.7%, lowest in nearly 30 months

Meanwhile, the outstanding CD ratio has moderated to 79 per cent from 80.3 per cent in March 2024

Bharti Telecom raises Rs 11,150 crore via bonds to fuel investment goals

REC looking to raise Rs 6,500 crore this week

JC Flowers seeks bids to sell Rs 2,613 crore of loans through Swiss auction

The anchor bid for the loan portfolio, which comprises 15,096 accounts, translates into a recovery of 9.08 per cent on the outstanding portfolio

Govt invites applications for RBI deputy governor's post, last date Nov 30

One of the deputy governors, Michael Patra's term ends on Jan 15

Canara Bank led consortium seeks bids to sell Rs 1,226 cr loans in MMOPL

Mumbai Metro One is a SPV that is jointly owned by Reliance Infrastructure and MMRDA

Deposits outpace credit growth after 30 months, hinting at stability

Credit growth coming off its highs has largely contributed to credit-deposit growth aligning

HDB Financial Services files draft papers for Rs 12,500 crore IPO

The lender plans to use the proceeds from the IPO to enhance its Tier-I capital base and meet future capital requirements, including those for onward lending

The bottom line: Private lenders stumble sequentially in Q2, PSBs shine

Slippages in unsecured retail portfolios take a toll on private banks; elevated credit costs hurt, too

Yes Bank looking to sell Rs 635 cr of non-performing unsecured loans

JC Flowers seeks counter bids to sell Rs 1,290 cr of erstwhile Yes Bank loans

Summit Digitel Infrastructure raises Rs 1,000 cr at a coupon rate of 7.58%

Private sector lenders Yes Bank and Axis Bank have subscribed to 30 per cent of the issue size as anchor investors. They are also the arrangers of the issue

InsuranceDekho merger to create new leader in segment, says RenewBuy

Reports have indicated that InsuranceDekho is in advanced talks to merge with RenewBuy in a cash-and-stock deal, which could value the combined entity at Rs 8,000 crore

SBI Life least affected by new surrender norms: MD & CEO Amit Jhingran

Following the company's Q2 earnings, SBI Life Insurance managing director and chief executive officer (MD&CEO) Amit Jhingran spoke on the road ahead for the company

Positives outweigh negatives in economy: RBI Governor Shaktikanta Das

Says action against NBFCs in the best interest of customers

ICICI Bank Q2FY25 results: Net profit rises 14.5% to Rs 11,746 crore

Gross NPA drops to 1.97% in Q2FY25 from 2.48 per cent in Q2FY24

Inflation to moderate from 4th quarter but global conflicts pose risks: Das

Balance between inflation & growth is well-poised, the Indian economy reflects a picture of stability and strength, said Shaktikanta Das

Going downhill: IndusInd Bank shares decline 19%, most in 4 years

Analysts believe stock will remain under pressure in near term

CRISIL puts long-term ratings of Navi Finserv, Asirvad on rating watch

Earlier this month, the RBI barred four NBFCs, including two MFIs, from sanctioning and disbursing loans due to charging exorbitant interest rates to borrowers

Power Grid Corporation, Indian Bank raise Rs 5,000 crore each in single day

Both the bond issues have been rated "AAA" by domestic rating agencies.

Allianz actively considering exiting insurance JVs: Bajaj Finserv

Allianz's stake in both the life and general insurance companies is pegged at Rs 30,000 crore, according to Emkay report

StanChart to double down on SME, affluent, wealth banking segments

After Mumbai, the bank is planning to open such centres in some other key markets in India to address the requirements of global Indians