India's Central Bank governor, Shaktikanta Das, said an interest rate cut at this stage would be "very, very risky." He added ...

Despite higher provisions, the bank's net interest income rose 11% to Rs 7,020 crore. Meanwhile, provisions for the quarter ...

HDB Financial Services is coming with an IPO to comply with the Reserve Bank of India's mandate in October 2022, requiring ...

The Reserve Bank of India (RBI) has taken significant action against four non-banking financial companies (NBFCs) and microfinance institutions (MFIs). Effective October 21, 2024, the RBI has decided ...

The RBI has sent showcause notices to 6 p2p lending platforms for not conforming to the new P2P lending guidelines.

KB Kookmin Bank announced that it is opening new branches in Chennai and Pune, two of India's major economic hubs, on Monday.

Indian IT services companies are benefiting from the higher discretionary spending by US banks. However, large ...

A sixth-generation businessman, Gadgil began his journey with a Bachelor of Commerce degree from Brihan Maharashtra College ...

The Reserve Bank of India's rate cut in future will not have much of an impact on its net interest margin (NIMs) and HDFC Bank will maintain NIMs in its current range, Jagdishan said.

Diwali will be observed as a bank holiday on October 31st (Thursday) in several states, including Andhra Pradesh, Goa, ...

Navi Finserv, the digital lending platform of Flipkart founder Sachin Bansal, along with three other financial service ...

HDFC Bank Ltd., India’s largest private lender, second-quarter profit came ahead of analysts’ expectations helped by strong ...