The rules hurt demand for such paper and make it more expensive for banks to raise capital, say bankers
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Trading in the shares of China Evergrande, China Evergrande New Energy Vehicle Group and Evergrande Property Services has been suspended, while the benchmark Hang Seng Index showed a 1.2 per cent increase
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In Q3 FY24, among major banks, HDFC Bank experienced the most significant capital impact of 97 basis points, followed by ICICI Bank and Axis Bank with a capital hit of 70 basis points
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The bank plans to bolster its financial strength with a fresh equity infusion of Rs 700 crore
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Talwar was the first Indian to lead an international bank
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The bank witnessed a significant YoY increase in total deposits by 31 per cent, reaching Rs 80,120 crore, and gross advances also grew by 20 per cent to Rs 67,624 crore
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The recent surge in global bond yields, particularly in the US, has raised concerns and triggered selling in the cash market
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Yes Bank’s third-quarter net profit more than quadrupled year on year basis, helped by a drop in loan-loss provisions
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