Economic

RBI lifts restriction on gold loan business of IIFL Fin...

The regulator in March barred the NBFC from offering gold loan due to serious vi...

RBI unlikely to follow the Fed in cutting rates

The better liquidity position may provide the cushion to the Central Bank to ens...

HDFC Bank to securitise ₹9,000-cr worth of car loans

Move aimed at moderating the Bank’s credit-deposit ratio

Banks launch innovative, high-yielding products to prop...

Fintech Tarrakki signed a pact with Suryoday SFB to develop and offer digital fi...

Banks should play major role in driving Prime Minister’...

Finance Minister says banks will be required to give strong momentum to the infr...

Kaleidofin secures $13.8 mn equity infusion by Rabo Par...

The funding will aid Kaleidofin in expanding its lending portfolio and enhancing...

SBI appoints Joohi Smita Sinha as the new CGM for Benga...

With over 1,700 branches and offices managing a balance sheet of more than ₹4,90...

Federal Reserve lowers rates to 4.75%-5%, signals furth...

The Fed stated that inflation is nearing its 2% target but noted ongoing concern...

Banks’ CASA ratio may fall further as companies, govt c...

SBI’s CASA ratio moderated to 41 per cent as on June 2024 from 43 per cent a yea...

SBI mops up ₹7,500 cr at 7.33% via tier-2 bond

Overall, the Bank has raised Rs ₹15,000 cr through these bonds in FY25 so farThe...

ICICI Prudential Life leads with 99.35% claim settlemen...

The life insurance company settled 2,911 claims in Q1 FY25

Savers shift to investors in household financial asset ...

This comes as bank deposit growth lags behind credit growth, leading to a decrea...

HDFC Bank Parivartan targets to increase income of 5 la...

The CSR arm of the private bank has touched the lives of over 10 lakh households...

Bank of Baroda introduces GenAI-powered virtual relatio...

These human-like interface presented in the form of digital avatars, offer conve...

Lenders used Account Aggregator Framework to facilitate...

The growth in facilitating loans is indicated by the number of loans disbursed a...

India can sustain 8% growth over medium term, says RBI ...

Das also indicated policymakers aren’t actively considering an interest rate cut...

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