The development has come ahead of Bandhan Bank’s managing director and chief executive officer Chandra Shekhar Ghosh’s retirement from the…
Sachin Kumar is deputy editor – banking at Financial Express. He is a business journalist with 18 years of experience in covering banking and finance, stock market, asset management and insurance sector.
The development has come ahead of Bandhan Bank’s managing director and chief executive officer Chandra Shekhar Ghosh’s retirement from the…
Experts expect ICICI Bank to maintain robust loan growth, focusing on quality underwriting.
Concerned with increased dependency of NBFCs on bank borrowings, the RBI, in November last year, increased the risk weight for…
As expected, banks experienced some relief from tight liquidity in the first week of this month.
Despite a sharp fall witnessed on Thursday, the rupee is still the best performing currency in Asia this year after…
Banks see strong urban demand over last five years
Experts say that NBFCs have increased their overseas borrowing after the RBI raised risk weights in November, resulting in higher…
The IBA meeting was held to discuss the implications of the RBI’s proposed guidelines on project finance.
The local currency plunged to as low as 83.5725, near to its previous record low of 83.5750 touched in April,…
The good news is the apex bank revised the GDP growth forecast upwards to 7.2% for the current financial year…
Under the extant guidelines, when an ARC acquires distressed debt, it becomes trustee of the underlying asset. So, currently there…
Government spending was not happening due to model code of conduct which was imposed due to general elections
The dollar index, which gauges the greenback’s strength against a basket of six currencies, was trading 0.17% higher at 104.25.
On Monday, the Nifty Bank index closed at 50,979.95, registering a gain of 4%.
The banker explained that over a 10-year period, the PD comes to 5%.
SROs to frame, enforce standards for sector