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2 mins read

ADB, Wabag sign USD 25 mn debt facility for sanitation, water security in India

Water treatment player Va Tech WABAG Ltd has signed an agreement with Asian Development Bank to rai…

PTI   


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4 mins read

Looking for a home loan of ₹75 lakh or above? The RBI rate hike pause might not bring you relief

The Reserve Bank of India has revised the risk weights for individual housing loans, which could re…

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9 mins read

Interest rates on deposits need to go up, say experts, as share of FDs in household financial assets drops

Banks will have to increase interest rates on deposits faster, say experts, as investors turn to ot…

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6 mins read

Here’s how much banks have increased home loan interest rates

Rising inflation resulted in central banks around the world hiking interest rates. This has also sp…

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1 min read

HDFC raises lending rates on housing loans by 5 basis points

The hike in rates came close on the heels of central bank RBI's recent hike in repo rate by 40 basi…

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1 min read

SEBI Chairman Ajay Tyagi's term extended for a second time till February 2020

Tyagi's term was due to end on August 31, after his tenure was extended by six months in Februar…

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2 mins read

Paytm has got customers by way of cashbacks, not by rendering services, says former HDFC chief Aditya Puri

The remarks come amid a steep decline in Paytm's shares, which are now trading 75 per cent lower th…

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RBI governor still has not thawed on ‘private’ cryptocurrencies — compares crypto hype to ‘tulip mania’

RBI governor Shaktikanta Das claims that cryptocurrencies have no underlying value, not even worth …

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4 mins read

Banks in India may have to fight harder for deposits

Fixed income investors in India are spoilt for choice and bank deposits are far down on the list of…

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1 min read

Bond traders gained the most in Raghuram Rajan's tenure

It was on Wednesday that the benchmark yield dipped to 7.10%, the lowest in nearly seven years, whi…

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2 mins read

COVID patients can get bank loans for treatment after Indian central bank’s fresh set stimulus measures

The Reserve Bank of India (RBI) has announced a ₹50,000 crore lending programme, as part of a large…

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3 mins read

Bad loans of India's banks to rise to 8-9% this year, says CRISIL

The Covid-19 relief measures such as the restructuring dispensation, and the Emergency Credit Li…

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5 mins read

RBI forecast shows that Narendra Modi administration is facing its worst inflation period so far

Seven years later he might be faced with the worst bout of price rise in his tenure, and it has …

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3 mins read

MSMEs with bank loans due up to Rs.50 crore can get their loans restructured

The second iteration of RBI’s restructuring offer was originally introduced in early May but was…

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1 min read

RBI approves Murali Ramakrishnan as South Indian Bank's new MD

In a regulatory filing on Thursday, the bank said that the RBI approved the appointment for a pe…

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1 min read

Raghuram Rajan pitches for longer tenure for RBI Governor, says three years is short

While briefing Parliament's Standing Committee of Finance, Rajan said, “a three-year term is short.…

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2 mins read

Banks could extend RBI's second moratorium 'selectively'

Sources said that banks are evaluating their loan portfolio with regard to customers who availed…

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3 mins read

RBI's rate cut to support economy, say bankers

"The RBI continued with its extraordinary commitment in its fight against COVID-19. The latest rou…

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1 min read

Former RBI Guv Urjit Patel named NIPFP chairman

New Delhi, Jun 19 () Former Reserve Bank governor Urjit Patel will take charge as chairman of the N…

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1 min read

Uday Kotak's position impacted if RBI implements discussion paper

The paper proposed to limit the tenure of bank Chief Executive Officers (CEOs) and Whole Time Dire…

PTI