Articles
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3 weeks ago |
economictimes.indiatimes.com | Alekh Angre |Atmadip Ray |Prashant Mahesh
In the first clear signal that interest rates are on the way down, banks and non-banking finance companies (NBFCs) have begun pruning deposit rates. The Reserve Bank of India is expected to announce another policy rate cut next week, while a further improvement in liquidity conditions is also seen. Yes Bank and Bandhan Bank , as well as NBFC Bajaj Finance , have all reduced deposit rates this week.
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1 month ago |
flipboard.com | Atmadip Ray
1 hour agoWhy India wants critical minerals in its trade deal with USThe October agreement aimed to strengthen supply chain resilience for critical minerals such as lithium and cobalt. While India ranks third in the …7 hours ago'David Pushpa Raj Warner' Grooves To Kissik With Sreeleela At Robinhood Trailer Launch In Hyderabad | WATCHAustralian cricketer David Warner grooved to the Pushpa 2 song Kissik along with actress Sreeleela at the trailer launch event of his Telugu debut …
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2 months ago |
economictimes.indiatimes.com | Atmadip Ray
State-owned Indian Overseas Bank IOB ) has embarked on administrative restructuring to improve management control over branch banking and business growth . This is needed as the Chennai-based lender has started branch expansion after a decade, said people familiar with the matter.IOB has added three regional offices in this financial year and another four are likely in the next fiscal, managing director Ajay Kumar Srivastava said.
Budget impact: Grameen Credit Score likely to restore credit discipline in microfinance, say experts
2 months ago |
economictimes.indiatimes.com | Atmadip Ray
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2 months ago |
economictimes.indiatimes.com | Atmadip Ray
The Reserve Bank of India (RBI) is learnt to have developed ‘supervisory discomfort’ with a couple of small finance banks (SFBs) due to high concentration risks and rising asset quality stress.The banking regulator has also told these banks to explore mergers to gain scale and minimise concentration risks, three executives tracking the sector said. “Small finance banks are under the ‘close supervision’ of RBI,” said one of the persons.
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Trump effect : Rupee opened 22 paise down at 85.73 a dollar against Wednesday's close of 85.51 @ETFinance @ETForex @ETMarkets @RBI #TrumpTariffs
#ETExclusive Investors shrug off Microfin worries in rebound bet https://t.co/uVC2pRSNgR via @economictimes @ETFinance @ETMarkets @Sadhan1999
Deposit rate cuts start trickling in at lenders https://t.co/H9QMsKBWYU via @economictimes @ETMarkets @ETFinance @RBI @HDFC_Bank @bandhanbank_in @YESBANK