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Articles for Banking & Finance

HFDC Bank Net Profit Rises 20% To Rs 12,594 Cr

The gross non-performing assets ratio was 1.12 per cent in the reviewed quarter, against 1.23 per cent a quarter ago, and 1.17 per cent a year ago

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Indian Banks Are Safe: RBI Gov Shaktikanta Das Amid US, Swiss Bank Crises

“All banking parameters, whether it is capital adequacy or the percentage of stressed assets or the liquidity coverage ratio of individual banks — both at the individual and systemic levels...whichever parameter you take into consideration, the Indian banking system continues to be very healthy,” RBI Gov said

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Big US Banks Beat Earnings Expectations On Higher Interest Rates

The results gave the first indicator of how JPMorgan and its peers are faring since the March failures of midsize lenders Silicon Valley Bank and Signature Bank

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Credit Card Spending Touches All-time High Of Rs 1.37 Trillion In March

According to the recent RBI data, e-commerce accounted for over 63 per cent of total spending or slightly more than Rs 86,000 crore, with the remainder coming via point of sale (PoS) terminals

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InCred Launches First Long-short Fund: InCred Liquid Alternative Fund

The fund aims to deliver strong positive absolute returns with low risk in all market conditions and is targeting an AUM of over INR 1,000 crore

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“The Hiring Process Has Become More Diligent And Intense Post-Covid”

Vikram Chhachhi, Managing Partner, India, DHR Global, talks about the transformations that have happened in businesses and expectations from leadership

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HDFC Bank Plans To Issue Bonds Of Up To Rs 50,000 Cr In FY24

Commercial banks collectively raised over Rs 1.14 trillion in bonds (AT I, tier II and infrastructure bonds) in 2022-23, compared to approximately Rs 73,200 crore in FY22

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Kotak Mahindra Bank Shares Rise 5% To Rs 1,847.60 As FPI Room Expands

According to analysts, the increased leeway will result in an increase in the lender's weight in the MSCI India index, as well as stock purchases of about a billion dollars

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