Housing finance companies to concede market share to banks: CRISIL
HFCs are expected to continue losing home-loan market share to banks amid stiff competition.
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September 2022
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ReNew Power secures $1 billion loan from 12 global lenders
The $1-billion loan has been tied up through a special purpose vehicle and will be deployed for the company's hybrid round-the-clock (RTC) battery-enabled project.
CCI clears acquisition of Citibank's consumer business by Axis Bank
The ₹12,325 crore deal comprises the sale of the consumer banking businesses of Citibank India.
Should India go for wholesale privatisation of banks?
The arguments not only lack substance and perspective, they come from "source" or non-official channels with the Centre maintaining a strategic silence.
Why are ICICI Bank, Kotak Mahindra, YES Bank under stress today?
Kotak Mahindra Bank, YES Bank, and ICICI Bank reported robust growth in their June quarter earnings released on Saturday
RBI unveils new regulations for urban co-operative banks
For tier-2, tier-3 and tier-4 UCBs, the RBI has decided to revise the minimum CRAR to 12% so as to strengthen their capital structure.
Small NBFCs could witness sharp increase in funding costs: Ind-Ra
A large quantum of borrowings to be raised by large NBFCs would lead to a further increase in the banks' exposure to the sector.
Rural banks in China freeze savings of depositors amid cash crisis
A group of over 1,000 protesters held a demonstration in front of the Zhengzhou sub-branch of the People's Bank of China to recover their frozen deposits.
Learning to Live with Fintech
It takes two to tango, and banks and fintechs are increasingly realising this. while such tie-ups help the former slash operational costs, for the latter, it promises access to a wider universe.
The Bankers Who Saw Tomorrow
The maiden Fortune India-Grant Thornton Bharat study on India’s banks shows what it takes to win in banking sweepstakes.
