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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…

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2 mins read

Net NPAs of Indian banks dropped by 24.9% and Gross NPAs by 15.2% as of June 2024: CareEdge

The gross non-performing assets (GNPAs) of scheduled commercial banks (SCBs) fell by 15.2 per cent …

ANI   


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3 mins read

RBI proposes higher liquidity coverage ratio for retail deposits, creation of level-1 high quality assets

The Reserve Bank of India (RBI) has issued a draft circular on the Basel III framework regarding li…

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3 mins read

Domestic gold prices surge 10% amid global price rally, central bank buying: World Gold Council

The reduction in import duty has ignited a resurgence in gold demand across India. Reports from the…

ANI   


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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…

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3 mins read

Indian markets under pressure as global rate cuts stir uncertainty, new report says

Indian markets experienced volatility as global economic shifts and political developments impacted…

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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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5 mins read

Big banks are bracing for losses as Americans struggle to pay off debt

Banks are building cash reserves as more and more Americans struggle to pay off credit card, auto, …

Jacob Zinkula   


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2 mins read

Banks' GNPAs set to improve further to 2.1 pc by FY25: Care Ratings

The gross non-performing assets (GNPA) of the Indian banking system are set to improve further to u…

PTI   


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3 mins read

RBI likely to maintain status quo after food inflation keeps Feb print high, say experts

In February, retail inflation came in on expected lines at 5.09%. However, high vegetable inflation…

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11 mins read

Meet the executive tasked with Citi's hardest challenge: getting the bank's house in order

Anand Selva made his name in Citi's consumer bank. Now he runs Citi's multibillion-dollar effort to…

Hayley Cuccinello   


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3 mins read

SEBI report reveals the ugly truth of F&O trading in India – 93% of retail traders incurred losses

A report by the Securities Exchange Board of India (SEBI) on the profit and losses in the equity de…

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2 mins read

Bajaj Housing Finance IPO booked over 4x on the second day. Should you jump aboard this ship?

While the allotment is expected to be finalised by September 12, the listing on NSE and BSE will te…

Bradley Saacks   


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6 mins read

Simply Put: A Deposit Dilemma — What's the fuss about a crisis in Indian bank deposits? Are mutual fund investments to blame?

Indians seem to be depositing less money in banks, and everyone's blaming the stock markets. But ar…

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3 mins read

Yes Bank shares tank over 12% as 3-year shareholder lock-in period ends

Shares of private sector lender Yes Bank tanked more than 12% in early trade on Monday as a Reserve…

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4 mins read

Yes Bank has more shareholders than debit cards as retail investors continue to buy in

Yes Bank has more shareholders than active debit cards, according to the latest data reported by th…

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6 mins read

A Deposit Dilemma — What's the fuss about a crisis in Indian bank deposits? Are mutual fund investments to blame?

The growth rate of bank deposits in India has been slowing, largely outpaced by credit growth. But …

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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…

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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…