HDFC Bank remains unaffected by the industry-wide stress
The central bank had last week barred the NBFC from sanctioning and disbursing additional loans for charging exorbitant interest rates
In FY26, the bank's credit growth will be in line with system growth; in FY27, banks' credit growth to outpace system growth
The bank's gross non-performing assets was 1.36 per cent in Q2FY25, up from 1.33 per cent in Q1FY25
We are not managing the exchange rate, Das clarified
According to the report, Asirvad contributes around 27 per cent to the consolidated assets under management (AUM) of Manappuram Finance
Situation to last for whole of FY25, with Q2 being the most challenging period, it says
High demand, lower costs drive global fundraising surge
Net interest margin drops slightly to 3.99 per cent compared to 4.05 per cent in the previous quarter, and 4.11 per cent in Q2FY24
Clawback, deferral, or reduction in payouts on the cards for distributors
She talks about the company's Q2 performance and the way forward
He highlighted that historically, crises have acted as catalysts for bringing supervisors together to address shared challenges
Feasibility of expanding RTGS to settle transactions in USD, Euro, GBP can be explored
Entities interested in bidding for the assets are required to submit expressions of interest (EoIs) by October 16, after which they will have until October 31 to conduct due diligence
Banks have to ride on the advantages of AI and Bigtech and not allow the latter to ride on them, says Das
Divergence in global monetary policies can be expected to lead to volatility in capital flows and exchange rates, which may disrupt financial stability, says Das
Private sector NBFCs raise Rs 1.91 trillion in H1FY25
The bank informed the exchanges that it has received RBI approval to appoint career PSU banker Partha Pratim Sengupta as MD&CEO of the bank for a period of three years
Governor Das warns of action for failure to do so; directs them to review compensation practices linked to targets
In H1, premiums of non-life insurers were up 7% Y-o-Y