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Articles for Banking & Finance

Balanced Policy With Focus On Liquidity: Expects CareEdge Ratings From MPC Meeting

The Monetary policy committee is set to be meeting on 3rd to 5th of April 2024.

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Federal Bank's Deposits Surge 18% YoY In Q4 FY24

The bank's CASA deposits experienced a growth of 6.5 per cent, reaching Rs 74,249 crore by 31 March 2024, up from Rs 69,741 crore in the same period last year

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Pension Liability, Wage Revision Increases Cost to Income Ratio Of PSBs: Report

The report cites heavy expenditure on technology, branch expansion, wage revision and pension liability as some of the reasons for the increase in the cost-to-income ratio.

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Insurance Sector Appointments Delayed Due To Election Process

Election Commission directive halts insurance sector appointments till 4 June, including top-level positions like CMDs and executive directors across multiple companies

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FMCG Sector's Revenue Growth Slows, Margins Expand Moderately: Q4 Outlook

The volume growth in the FMCG sector for the quarter ending March 2024 is projected to be challenging, driven by urban demand, with rural demand showing flat to low single-digit growth in many categories

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MPC Meet: RBI Is Unlikely To Cut Rates, Likely To Maintain Status Quo

Experts believe the central bank is very likely to maintain the status quo on interest rates along with caution on inflation and the geo-political outlook

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IBC Cases Closed Through Resolution Plans' Approval Jump To 29% In Q3 FY24: India Ratings

This uptick in resolutions attributes to various structural improvements initiated by the Insolvency and Bankruptcy Board of India (IBBI), indicating positive momentum in the resolution landscape.

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Former Adobe India BFSI Head Sridhar Narayan Joins Perfios As Chief Business Officer

Notably, at Adobe India, he led the BFSI Business, pioneered the Digital Experience vertical and significantly expanded the business's scope

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