Private bankers said there were signs that the credit demand was durable and as such the landscape for banks' management of assets and liabilities would remain challenging for quite some time
Tax outflows drive tightness; banks face pressure to raise deposit rates
The quantum raised through Tier 2 bonds is set to rise much further in coming days as Axis Bank is slated to sell Rs 12,000 crore of such instruments on Friday
Constitution of underlying indexes doesn't matter since all the three categories of bonds they invest in are safe
Nine banks have picked up stake in the Open Network for Digital Commerce (ONDC) network
Most banks have revised their external benchmark linked loan rates by 50 bps
A consortium led by Bandhan Financial Holdings is leading the race to acquire IDFC mutual fund business.
Earlier in July, the Reserve Bank of India allowed IDFC Ltd to exit as the promoter of IDFC First Bank as the five year lock-in period ended
Rehauling of business strategy is presently underway; set to approach the RBI for banking license once final guidelines is released
The economy is on the mend but sustained recovery will take time: that's the picture you get by studying the July-September quarter results of 1,286 listed companies. Devangshu Datta reads the numbers
Lenders that do not have subsidiaries in insurance, asset management, and broking may be exempt from having a non-operative financial holding company (NOFHC).
Capital infusion to be supported by IDFC limited, ICICI Prudential Life, HDFC Life, Warburg Pincus and Bajaj Allianz
From December 1, 2019 all lanes of free plazas on national highways will be 'FASTag lanes'
The lenders, led by State Bank of India, Bank of Baroda and IDFC had moved the high court seeking a relief from an earlier order that restrained DHFL from making any payments to creditors
Valuation of 1.2 times its FY20 book said to be high, but investors willing to take risks may consider the stock
The Board of Directors of IDFC Bank at its meeting Wednesday decided to seek approval of the Reserve Bank of India to rename the bank
Total income was at Rs 24.53 billion for the quarter, up from Rs 23.65 billion in the same period of preceding fiscal
Provisions and contingencies surged to Rs 2.42 billion in the quarter, from Rs 48 million in the year-earlier quarter
The amalgamation is subject to the receipt of approval from the Reserve Bank of India and other statutory and regulatory approvals
IDFC Bank will be issuing 139 shares for every 10 shares of Capital First, the bank said in a statement. The merger is subject to regulatory and shareholder approvals.