HDFC Bank's Jagdishan faces his first challenge
On the 37th day since taking charge, the RBI diktat—gagging HDFC Bank’s digital initiatives and addition of new credit card customers—is the first big challenge for the bank's new MD & CEO.
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December 2020
November 2020
March 2020
January 2020
November 2019
May 2019
RIL tops Fortune India 500 list again, IOC at No.2
ICICI Bank, L&T make it to top 10; oil and gas companies dominate.
HDFC Bank's big digital hiccup
The central bank orders the private bank to temporarily stop launches of digital business generating activities as well as sourcing of new credit card customers.
Battle of the giants in India’s e-payments space
Facebook’s WhatsApp Pay is the latest player to enter India’s payments space, which already has Alphabet’s Google Pay, Walmart’s PhonePe, Amazon Pay, and Alibaba-backed Paytm.
YES Bank reports record ₹18,564-crore loss in Q3
The beleaguered private bank’s new investors have to deal with the already declining deposit base and mounting non-performing assets.
YES Bank moratorium ends on March 18
The government notifies reconstruction scheme with wider room for capital, four board members, and conditional lock-in for the existing shareholders.
ICICI Bank Q3 net surges to ₹4,146 crore
India’s top private sector lender reported a 158% year-on-year increase in profits, aided by a one-time gain from the Essar Steel resolution.
Delinquencies across retail loans increase: CIBIL
The increase in delinquency rates was not uniform; It was most pronounced for loans against property, home loans, and credit cards. Overall delinquencies improved for auto loans.
‘AI forms a critical part of our tech-enabled approach’
ICICI Lombard managing director and CEO Bhargav Dasgupta on how his company is leveraging tech to offer a better customer experience, and taking on digital natives and state-owned firms.
ICICI Bank is breaking the jinx
Relatively stronger balance sheet puts ICICI Bank in analysts’ good books as target prices are revised upwards.
