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2 mins read

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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2 mins read

External borrowings to meet capital needs putting pressure on bank's net interest margins, says a report by SBI Securities

The banks in the country are facing challenges due to a slowdown in deposit growth, according to a …

ANI   


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2 mins read

Credit offtake expanded by Rs. 20.4 lakh crore, deposits by Rs 23.9 lakh crore over the last 12 months

Credit offtake is a type of bank credit that assists businesses in getting financing for future pro…

ANI   


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3 mins read

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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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

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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7 mins read

I bought my dream home, but the difficult process and higher cost sometimes make me wish I'd stuck with renting

An interior design whiz was excited to apply her skills to a place she owned. But buying and renova…

Jordan Pandy   


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5 mins read

A retired boomer who moved from the US to Costa Rica said it's 'horribly incorrect' to assume life in Central America is much cheaper

Gary Keenan moved from New Mexico to Costa Rica for retirement but found living costs high — someti…

Noah Sheidlower   


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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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4 mins read

A financial therapist helped me budget for a month. It made me stop panicking about my wedding costs.

Dealing with inflation and wedding payments, I started to dip into my savings. Financial therapist …

Julia Pugachevsky   


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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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2 mins read

'SpiceJet didn't deposit money into pension funds for months'

India's low-cost carrier SpiceJet has reportedly not deposited money into the pension funds of its …

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2 mins read

Big banks may cover 95% of the cost to refill the $16 billion hole blown in the FDIC's deposit insurance fund by bank failures

The FDIC wants to start imposing a fee on 113 banks to replenish the fund it uses to insure deposit…

Carla Mozée   


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4 mins read

Cashbacks and no-cost EMIs may be lucrative, but it pays to be careful

One may go for an EMI when one does not have the money to pay up front. However, Delhi-based Dipaya…

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3 mins read

Deposit rates rise faster than lending rates in March 2023: CareEdge

In March 2023, both lending and deposit rates rose, but the rate of increase was faster for the dep…

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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…

Business Insider Latest Story Image
2 mins read

Jennifer Sor   


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4 mins read

Fixed-income products attractive again as markets take a breather

Rising borrowing rate environment has made fixed-income products far more attractive for Indian inv…

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4 mins read

Trump's NY fraud-trial defense is costing millions, and that's just the expert witnesses

The bill for nine expert witnesses alone is well over $2 million. Save America PAC is footing some …

Laura Italiano   


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3 mins read

Strong Q4 on the cards, but concerns emerge on fall in CASA deposits and credit offtake slowdown

Indian banks are expected to continue their strong performance in Q4 led by a momentum in credit gr…