HDFC reports 22% fall in net profit at Rs 2,233 cr during Q4, interest income up 17%; announces dividend of Rs 21 per share
HDFC said in a statement that 36% of home loans approved in volume terms and 18% in value terms in FY20 were to economically weaker section and low-income groups.
Ind-Ra revises IndusInd Bank's outlook to negative, affirms AA-plus; valuation challenges may hinder capital raising power
IndusInd Bank's top 20 depositor concentration though declined remains elevated (FY19: 24.31%) and is higher than most peer banks'.
MPC will definitely go for a rate cut, but will it turn around slowing investment cycle and spur demand?
The MPC is officially supposed to target CPI inflation which remains in the comfort zone of 3-3.2 percent which is less than the 4 percent benchmark
Jet Airways crisis: SBI forgets it is neither debt-ridden airline's promoter nor nation’s conscience keeper
For SBI to say that it has to infuse equity into the nosediving Jet Airways amounts to the worst kind of mixing up of roles
Let green, amber and red classification guide IL&FS resolution, but how can banks be stopped from declaring outstandings as NPA?
The declaration of NPA by banks is not likely to result in proceedings under the Insolvency and Bankruptcy Code (IBC) culminating in controlling interest in IL&FS changing hands because the NCLT is already seized of the matter
Rs 45,000 crore NBFC loan portfolio buyout: Is State Bank of India being cast in role of knight in shining armor?
The SBI is not an asset reconstruction company (ARC) so as to be scouting for receivables that it can buy at a bargain price.
Releasing the Bharat Microfinance Report 2018 on Wednesday, Union MSME Minister Giriraj Singh said the interest rate at which bankers provide loan to microfinance institutions should be brought down so that more people can be brought under the ambit of microfinance.
Total business of the bank declined to Rs 9,57,808 crore at the end of March 2016 compared with Rs 10,45,625 crore a year ago