Global Banks like Barclays, Citi, and JPMorgan engaged in negotiations to Help improve credit-to-deposit ratio
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State Bank of India's stake sale faces uncertainty as RBI hesitates over Foreign buyers holding 51 per cent in Yes Bank
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It also anticipates another rate cut of 50 bps during the fiscal year 2025, as the central bank aims to manage inflation and support economic growth
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According to an ED statement, the accused illegally diverts bank loans worth Rs 27,000 crore
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Gautam Thapar was arrested by ED in this case, and currently he is out on bail on health grounds
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It has imposed a monetary penalty of Rs 5 lakh on Godrej Housing Finance, Rs 5 lakh on Aadhar Housing Finance, and Rs 3.5 lakh on Housing and Urban Development Corporation
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Slowdown in deposit growth has led to banks increasingly relying on external market borrowings for their capital requirements, says report
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The diversification, penetration supportive; alternate liabilities strategies to gain momentum, says Crisil
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On a positive note, the southwest monsoon picked up from early July, reducing the deficit.
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The review meeting focused on business performance, upgrading digital technology services, fostering business growth in MSME clusters, and deepening financial inclusion in rural areas
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