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Articles for Banking & Finance

RBI To Cut Repo Rate By 25 Bps On August 2: HSBC

A cut in key policy rates is likely as the country's inflation differential with the world is normalising, inflation expectation is moderating and food prices are also receding

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Axis Bank To Acquire Payments Wallet Freecharge For Rs 385 Crore

Axis Bank's chief financial officer Jairam Sridharan said the acquisition will double the customer base of the bank and leapfrog its digital journey by multiple years

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Credit Cards: Do You Know Your ‘Interest Free Period’ Can Be Revoked?

Most customers are only aware of the joining and annual fees on their card. Other important charges like finance charges, rewards redemption fee and cash advance charges are usually missed

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'ULIP Products Have A Correlation With Markets By Design'

Sudhakar Shanbhag, Chief Investment Officer, Kotak Mahindra Old Mutual Life Insurance Limited, speaks to BW Businessworld about his take on the markets, the impact of GST, Kotak Life's Investment Strategy and how the life of a Life Insurance CIO is different from that of a Mutual Fund CIO.

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Yes Bank Clocks Stellar Growth, Net Profit Zooms 31%

Yes Bank’s results were strong on all fronts. The bank posted a steady increase in net interest income which stood at Rs 1808.9 crore, driven by steady growth in advances, improvement in the CASA rations and expansion in net interest margins

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Yes Bank Q1 Results: Net Profit Up 32%; Board Approves Stock Split

One of India's largest private sector financial institution, Yes Bank, released its financial results for quarter ended on June 30, 2017. Despite marginal growth of NPA, the company recorded a y-o-y growth of 31.9% in net profit earned.

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Bharat Financial Inclusion Posts Rs 37 Crore Loss In Q1 FY18

The total revenues for the Q1 FY18 jumped nearly by 12 per cent to Rs 463.1 crore against Rs 414.1 crore in the first quarter of FY17

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‘Hike In FII Investment Limits In Corporate Debt Will Aid Growth Of Bond Markets’

The inflows were strong in government security and corporate bonds even as the FIIs interest in state development loans remained subdued

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