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In the long run, rate cut by Fed will be favourable for most US banks: Moody's

"Initially, the rate cuts will be credit negative for most US banks. We expect their deposit costs …

ANI   


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HDFC bank sees muted quarterly business; share drops 4.15% during trade today

Anticipating that HDFC Bank's foreign inclusion factor to increase from 50% to 100% in the MSCI Ind…

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Banks' gross NPAs at 12-yr low, may fall further to 2.5%: RBI report

Among bank groups, public sector banks (PSBs) recorded a substantial reduction (76 bps) in their GN…

PTI   


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India's SM REITs market value likely to exceed USD 60 billion by 2026: Report

The forecast reflects a growing interest in SM REITs, which are expected to play a key role in shap…

ANI   


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It looks like the commercial real estate market has finally bottomed out — and experts say it's time to invest

Commercial real estate transactions are making a gradual comeback, Moody's noted.

Filip De Mott   


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Bond giant PIMCO sees another wave of bank failures coming as commercial mortgage trouble mounts

A high concentration of commercial real estate loans will cause more banks to fail, Pimco's John Mu…

Filip De Mott   


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There's one bright spot in commercial real estate amid an 'inevitable' wave of distress, CEO says

Commercial real estate has struggled post-pandemic, but the industry is seeing "an almost unquencha…

Kelly Cloonan   


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Aereo, India's leading commercial drone solutions startup, secures USD 15 million in Series B funding round

The round saw participation from long-standing investors StartupXseed Ventures and Navam Capital.

ANI   


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FADA urges banks to tighten funding to dealers as rains play spoilsport in August

Auto sales in India experienced a significant decline in August 2024, primarily due to excessive ra…

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Big banks are more at risk of a commercial real estate meltdown than people think, new study says

Commercial real estate debt could bring greater systemic risk than is currently implied by bank bal…

Filip De Mott   


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Credit growth in banks continues to exceed deposits, says new SBI report

The State Bank of India reported that credit growth in Indian banks has been consistently outpacing…

ANI   


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1 min read

India's forex reserves at record high of USD 675 billion, external sector resilient: RBI Governor Shaktikanta Das

The previous all-time high for the kitty was USD 670.857 billion on July 19 this year, and the last…

PTI   


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Banks write off loans worth ₹9.90 lakh crore in last 5 financial years

"Banks evaluate/consider the impact of write-offs as part of their regular exercise to clea…

PTI   


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An under-the-radar industrial stock is a safe way to bet on the AI boom, Bank of America says

Johnson Controls will generate about $4 billion in revenue from data centers this year, which inclu…

Matthew Fox   


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SBI report dismisses bank deposit concerns as a 'Statistical Myth'

As Finance Minister Nirmala Sitharaman hold a review meeting with heads of Public Sector Banks and …

ANI   


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RBI proposes higher liquidity coverage ratio for retail deposits, creation of level-1 high quality assets

The Reserve Bank of India (RBI) has issued a draft circular on the Basel III framework regarding li…

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1 min read

RBI asks card network to restrain unauthorised commercial payment system

The Reserve Bank of India on Thursday restrained a card network, that had an arrangement to enable …

ANI   


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Troubled commercial real estate loans outstrip reserves at top US banks

The volume of delinquent commercial mortgages held by US banks soared to $24.3 billion last year, u…

Yuheng Zhan   


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RBI keeps repo rate unchanged at 6.5%: What is repo rate and how it affects you

Reserve Bank of India's Monetary Policy Committee announced maintaining the repo rate at 6.5% for t…

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3 mins read

Time to push divestment of state-owned banks, says SBI report

With regard to the privatisation of IDBI Bank, it said the government and Life Insurance Corporatio…

PTI