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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…
7 mins read
America's crisis of meaningless work
It's not the pay or the perks causing American workers to disengage. It's the lack of purpose.
Molly Lipson
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…
2 mins read
ASSOCHAM urges RBI not to hike repo rate beyond 25-35 bps
ASSOCHAM has also requested the RBI to treat retail loans for purchase of electric vehicle (EV) …
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…
2 mins read
RBI refuses exceptions on CRR, SLR; gives some leeway on PSL, investments for merger: HDFC Bank
The Reserve Bank of India (RBI) has refused to grant any exceptions on cash reserve ratio (CRR) and…
PTI
2 mins read
FICCI, McKinsey whitepaper outlines path to 600 million jobs, ₹10 lakh per capita income by 2047
Industry body FICCI and management consulting firm McKinsey have come up with a whitepaper outlinin…
3 mins read
Budget strengthens fundamental pillars of inclusivity, sustainability: FICCI
The Federation of Indian Chambers of Commerce and Industry (FICCI) on Wednesday said the Budget 202…
4 mins read
RBI MPC holds interest rate as expected but stance maintained at ‘withdrawal of accommodation’
“Being in the inflation tolerance band is not enough. Our goal is to bring inflation to 4%,” s…
3 mins read
Fintechs are helping Indian MSMEs with their biggest challenge — data and the lack of it
There are over 6.3 crore micro, small and medium enterprises (MSMEs) in India and most of them are …
5 mins read
UBS is set to buy Credit Suisse for $3.2 billion. The megadeal could make the banking crisis worse.
The UBS-Credit Suisse megadeal could make it tougher for the Fed to fight inflation without causing…
Theron Mohamed
2 mins read
China is injecting $188 billion into its economy as the Evergrande crisis comes to a head
The central bank action was a "convenient, if not coincident, cushion for Evergrande's looming debt…
Huileng Tan
3 mins read
Retail inflationary pressures expected to ease with fresh Kharif arrivals: Finance Ministry
On inflation, the report by the department of economic affairs said domestic prices of some food it…
ANI
4 mins read
DBS Bank’s custom financing leads the way for companies trying to reach net-zero goals
“The pilot programme was an integral part of DBS Bank India’s larger plan to build it…
3 mins read
Amid concerns of Jio-Airtel duopoly, analysts suggest new telecom bill empowers govt to maintain competition
The government has released the draft telecom bill that seeks to replace three old bills, one of wh…
6 mins read
Tech layoffs to continue for sometime thanks to a slowdown in demand and an uncertain economic environment
Bipin Singh, a business development manager at Byju’s with over 11 years experience in the EdTech i…
4 mins read
It’s time for enterprises to take a long, hard look at AI Ethics
This is one of those instances when we tend to agree with overstatements like ‘AI is an existent…
1 min read
RBI has opened a pipeline of funds for startups, home buyers and green power producers too
The Reserve Bank of India has announced that it has brought in startups under the purview of Priori…
5 mins read
Want to buy your dream home? Know how the union budget may impact home prices
“When one gets a home, a poor person gets courage,” said Finance Minister Nirmala Sitharaman whi…
2 mins read
Provide sovereign guarantee to banks for addl exposure to NBFCs: FIDC
"This will establish a dedicated non-bank channel for NBFCs to avail of long-term finance for on-l…