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6 mins read

Is the lending party over? The dangerous tango of Indian banks with microfinance and unsecured loans

India's microfinance and unsecured loan sector is facing a crisis with rising NPAs that threaten ov…

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7 mins read

Simply Put: Is the lending party over? The dangerous tango of Indian banks with microfinance and unsecured loans

India's microfinance sector faces increasing challenges due to rising defaults, affecting the stabi…

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2 mins read

Paytm can onboard new UPI users again, receives NPCI nod months after RBI restrictions

Paytm's parent company, One97 Communications Ltd, has received approval from the National Payments …

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2 mins read

Yes Bank Q2 net profit jumps 48% on low base; says unsecured book reporting stress

Yes Bank on Saturday reported an over 47% increase in its net profit at Rs 228.64 crore in the Sept…

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6 mins read

Simply Put: A Deposit Dilemma — What's the fuss about a crisis in Indian bank deposits? Are mutual fund investments to blame?

Indians seem to be depositing less money in banks, and everyone's blaming the stock markets. But ar…

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3 mins read

Yes Bank stock slips 5% as high provisions drag down its Q4 net profit

Shares of private sector lender Yes Bank slumped nearly 5% on Monday. The bank reported a huge 45…

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A Deposit Dilemma — What's the fuss about a crisis in Indian bank deposits? Are mutual fund investments to blame?

The growth rate of bank deposits in India has been slowing, largely outpaced by credit growth. But …

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4 mins read

Indian bank stocks drag Nifty, Sensex for the second straight day after RBI policy

While the Reserve Bank of India’s (RBI) monetary policy committee (MPC) kept base rates unchanged t…

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8 mins read

Improving workplace decorum – ‘RBI’s recommendations can be seen as onerous but we have to move in that direction,’ says Yes Bank’s CEO

CEO of Yes Bank, Prashant Kumar, has stated that if a bank wants to be customer-centric, it also ne…

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3 mins read

Following Kotak Mahindra Bank’s strong Q4 numbers, analysts reset stock target up to ₹1,900; Worried about reputation impact than financial, says CEO

Kotak Mahindra Bank’s share prices surged by over 5% on Monday, a day after the leading private sec…

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3 mins read

Yes Bank shares tank over 12% as 3-year shareholder lock-in period ends

Shares of private sector lender Yes Bank tanked more than 12% in early trade on Monday as a Reserve…

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2 mins read

Yes Bank shares tumble after rallying 26% in the last five days – analysts recommend caution

Global brokerage firm Morgan Stanley initiated coverage of Yes Bank, giving it an ‘underweight’ rat…

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1 min read

YES Bank’s net profit grows four fold as provision for bad loans shrink

Yes Bank reported a four-fold jump in its net profit to ₹207 crore in June quarter compared to a pr…

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2 mins read

YES Bank shares surge 5% as investors see a ray of hope after bank reported four fold growth in profit

Shares of YES Bank surged 5% on July 26 as the private bank reported a four-fold jump in its net pr…

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2 mins read

Yes, Wall Street's biggest lenders got even richer after Silicon Valley Bank collapsed

JPMorgan's profits surged to a record high after it bought First Republic during the banking turmoi…

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Cash-logistics company Radiant Cash Management raises ₹116 crore from anchor investors

Radiant Cash Management Services Limited (RCMS), an integrated cash logistics company in India has …

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4 mins read

Yes Bank fears more deposits may disappear when COVID-19 moratorium ends and people start repaying loans

Yes Bank posted a net loss of ₹3668.33 lakh in its fourth-quarter earnings amounting to a total los…

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3 mins read

Yes Bank's share price slips 5% ahead of earnings as COVID-19 uncertainty continues to loom after scam

If anything, the stock has recovered during the COVID-19 lockdown as the fears around its surv…

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2 mins read

Yes Bank profits dropped 91%-- but it was still way better than expectations

Yes Bank posted as much as ₹114 crore in net profits for the first quarter of 2019-20, beati…

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3 mins read

Bad loans take the wind out of Yes Bank— swings to a loss in the second quarter

The Mumbai-based Yes Bank posted a shocking loss of ₹600 crore for the three months ended September…