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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…
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…
4 mins read
What bothers Yes Bank does not bother its bigger peers as much
There has been a lot of fear around the health of Indian banks, including the large ones, for a whi…
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…
3 mins read
ICICI Bank’s earnings on May 9 will reveal the level of economic damage caused by COVID-19 at the level of small borrowers
ICICI Bank is one of top ten stocks to buy, according to Maquarie, which set a target price of ₹…
2 mins read
Top 5 pvt banks stare at NPAs doubling to 5% in FY21
On the other hand, growth in deposits for these top five private banks in FY20 was 18.8 per cent wh…
PTI
2 mins read
Yes Bank founder Rana Kapoor arrested by ED on charges of money laundering
The banker was held under the provision of the Prevention of Money Laundering Act (PMLA) around 3 a…
PTI
4 mins read
The fall of Yes Bank founder Rana Kapoor from a billion dollars to facing a ₹4300 crore investigation
India’s second richest banker Rana Kapoor — former MD and CEO of troubled Yes Bank — was taken in…
2 mins read
Crisil affirms Yes Bank ₹18,000 crore bonds rating at BBB
The agency has also reaffirmed its 'CRISIL A2' rating on certificates of deposit of Yes Bank. …
PTI
2 mins read
Paytm Payments Bank restricts transaction settlements into Yes Bank accounts
The decision by PPBL follows the Reserve Bank of India's move to cap withdrawals from Yes Bank acc…
PTI
1 min read
Financial audits failed repeatedly, govt should make cost accounting must to check bank NPAs: ICMAI
The comments come days after Yes Bank was put under a moratorium by the government and the Reserve…
PTI
1 min read
Ind-Ra revises rating watch on Yes Bank to 'evolving'
"This implies the additional recognition of Rs 230 billion as non-performing till the time of publ…
PTI
1 min read
India Ratings revises rating watch on Yes Bank to 'evolving'
"This implies the additional recognition of Rs 230 billion as non-performing till the time of publ…
PTI
1 min read
ED continues questioning Yes Bank founder Rana Kapoor
The CBI has recently taken over investigation into the Rs 2,267-crore Employees' Provident Fund fr…
PTI
1 min read
Yes Bank's top borrower Cox and Kings sees raids at five of its premises
Cox and Kings was one of the top borrowers of the bank and the latter had an exposure of about R…