The RBI has previously highlighted the risks of an imbalanced credit-deposit ratio, which has become more pronounced with deposit growth hovering around 12-13 per cent, while bank credit is expanding by nearly 15 per cent
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The order, effective until 2:30 PM, aims to allow employees to participate in the 'Pran Pratishtha' celebration, as mentioned in the Department of Personnel and Training's (DOPT) directive earlier in the day
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Managers in markets, risk and investment banking were informed separately about their termination as part of the ongoing reorganisation
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The country's monetary policy must remain actively disinflationary despite the recent sharp fall in core inflation, Das told Reuters in an interview on Wednesday
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ABFL has witnessed an increase in lead flow, with nearly 80,000 leads sourced in the past six months following its partnership with CredAble
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Gross non-performing assets (GNPA) and net non-performing assets (NNPA) are at 2.29 per cent and 0.64 per cent respectively
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In contrast to many other banks, aspiring to be event sponsors and so-called ‘thought-leaders’, the challenge for banks, especially the large ones like HDFC Bank, lies in maintaining a low-profile yet highly pertinent and profitable status. A small price to pay - for being the market-darling!
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AT-1 bonds act as equity-like instruments, serving as a capital buffer and enhancing the bank's overall capital strength
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