Banking

Private sector lender is likely to use the funds to replace high-cost deposits and support incremental lending, with most raised in three- and five-year buckets

The maximum hike of 10 basis points was for loans having a maturity of two years to 8.55 per cent from the earlier 8.45 per cent

Working with industry, quickly building internal systems to facilitate LRS reporting, says lender

Tightens pricing by 40 bps on oversubscription

Gives up most of the gains in market cap in post-pandemic period

Net profit of listed commercial banks is projected to grow by 43.6% YoY

The value of total loans disbursed by Paytm jumped 253% from Rs 3,553 crore in Q4FY22 to Rs 12,554 crore in Q4FY23

The lenders' CASA deposits grew by 11.3% to Rs 8.03 trillion

According to UCB executives, the RBI's move may put banks in a difficult position as only a few days are left to refigure the norms' enforcement

The feature called 'digiportfolio' uses tech and human expertise to customise investment options for different investors

If top court rules in favour of bondholders, Yes Bank shares could see a selloff as its capital base gets eroded, impeding its growth prospects; other banks, especially PSBs, may be impacted too

Sitaraman said banks' provisioning cover ratio was close to 75 per cent - the highest in about the last 25 years