Kotak Mahindra's gross bad loans as a percentage of total loans dropped to 2.22 percent as of end-March from 2.31 percent in the preceding quarter and 2.59 percent a year ago
Read MoreNet profit rose to Rs 11.79 billion ($176.50 million) in the quarter ended March 31, from Rs 9.14 billion a year earlier
Read MoreThe global brokerage had said earlier that it expected RBI to maintain an extended pause and start the rate hike cycle only from the beginning of next year. Following the surge in global crude oil prices in recent weeks, the RBI may now prefer to opt for a rate hike sooner than later
Read MoreYES BANK’s services to be now available to NRI population and Indian entities in London, Singapore and Abu Dhabi.
Read MoreHere are four ‘money things’ that you might want to consider doing at the start of FY’19
Read MoreIn an interview with Mahua Venkatesh, Khandelwal, who has also served as member of the first Banks Board Bureau, points out how HR, as a discipline, has been completely neglected by state-owned banks
Read MoreFormer Comptroller and Auditor General of India and Chairman of Banks Board Bureau Vinod Rai speaks to BW Businessworld’s Avishek Banerjee on a range of issues, including the issue of the autonomy of key institutions, the 2G verdict, and the banking scams
Read MoreHit by controversies and frauds, the scanner is on the Indian banks that withstood the 2008-09 crisis. Questions are now being raised on leadership and HR policies
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