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2 mins read

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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2 mins read

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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2 mins read

Credit and profitability of banks to moderate in FY25, says ICRA

The Indian banking sector’s rating has been revised to stable from positive by rating agency ICRA o…

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1 min read

Bank deposits losing attractiveness as govt savings schemes see strong growth

Global brokerage Goldman Sachs has flagged multiple headwinds to deposit growth in Indian banks as …

Business Insider Latest Story Image
2 mins read

Status quo: Markets trade flat after RBI MPC leaves repo rate unchanged at 6.5%

RBI MPC keeps repo rate at 6.5%. Governor optimistic about inflation and GDP growth. Nifty gainers:…

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2 mins read

Bank of Maharashtra top among PSU lenders in loan, deposit growth in Q2

State-owned Bank of Maharashtra (BoM) retained the top spot among public sector lenders in loan and…

PTI   


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3 mins read

Street to keep a hawk eye HDFC Bank’s net interest margin and deposit growth trends

HDFC Bank’s merger with parent HDFC Limited has expanded its book but affected its profitability. I…

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3 mins read

From banks to SIPs – the evolution of investment choices for Indian retail investors

In India, traditional banking institutions were once the go-to for households seeking savings and i…

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1 min read

HDFC Bank records 15.8% loan growth, 20% rise in advances in Q1 FY24

Private sector lender HDFC Bank said loans grew 15.8% to ₹ 16,15,500 crore in the first quarter of …

PTI   


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4 mins read

RBI announces digital payments intelligence platform to check online frauds

In a bid to bolster the safety and security of digital payments and enhance regulatory frameworks, …

ANI   


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3 mins read

RBI hikes GDP growth projection for FY24 to 7.3%, keeps rates, stance unchanged

The Reserve Bank of India (RBI)’s rate setting panel – the Monetary Policy Committee – has decided …

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3 mins read

Canara Bank Q4 profit rises 18% to ₹3,757 crore

During the quarter, the bank's total income increased to Rs 34,025 crore as against Rs 28,685 c…

PTI   


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6 mins read

Explained: With markets volatile, should senior citizens invest in PSU bank FDs?

FDs have always been a popular investment choice for Indians. They offer a guaranteed return on inv…

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2 mins read

RBI extends deadline to exchange, deposit Rs 2,000 notes till Oct 7

The Reserve Bank on Saturday extended the special drive to withdraw Rs 2,000 bank notes from the sy…

PTI   


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6 mins read

Earning forecasts for Q4 FY24: Healthcare and cement companies to shine

In the fourth quarter of FY24, Indian companies that bank on domestic demand would have done much b…

Business Insider Latest Story Image
1 min read

China's state-run banks cut deposit rates to stimulate sluggish economic growth

Lowered deposit rates will eventually lead to an easing in lending rates, prompting more Chinese co…

Filip De Mott   


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5 mins read

Investors’ new love for mutual funds might take sheen off bank deposits

Mutual funds hold an inherent advantage as investments because they provide a diverse range of prod…

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4 mins read

It’s not just Mercedes, even bank deposits are competing with equities

Financialisation of household savings is expected to have a far-reaching impact on the banking …

Business Insider Latest Story Image
3 mins read

De-dollarization is not working out in China, where businesses are hanging onto their US dollars

Despite discussions about de-dollarization, the US dollar still dominates global foreign reserves, …

Huileng Tan   


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1 min read

Credit growth outpaced deposit growth of banks in June: RBI

According to RBI, the credit growth (y-o-y) accelerated further to 14.2 per cent in June from …