loading...
DCB Bank's net profit for the June quarter increased by 20% year over year to Rs 157 crore.
- admin
- Finance
- Share
According to a company filing on July 31, DCB Bank recorded a 20 percent year-over-year increase in net profit for the June quarter, at Rs 157 crore, with advances growing 21 percent on-year and deposits growing 20 percent. In the June quarter, DCB Bank's mortgages view more...
Shriram Finance examines a novel approach to borrowing in order to cut expenses.
- admin
- Finance
- Share
Executive Vice Chairman Umesh Revankar told Moneycontrol that Shriram Finance is actively working on a new borrowing plan to further lower its cost of financing over the next six months. Revankar pointed out that older loans with comparatively higher interest rates view more...
In 2024, PSU banks' borrowing percentage in the uncollateralized money segment dropped to 3%: RBI
- admin
- Finance
- Share
According to the Reserve Bank of India's (RBI) July bulletin, state-owned banks' proportion of borrowings in the uncollateralized money sector decreased from 3 percent in 2019 to just 3 percent in 2024 as these lenders expanded their activity in the collateralized segme view more...
The dollar index is trading strong once more as the rupee opens 11 paise down at 86.26.
- admin
- Finance
- Share
On July 21, the dollar index was trading high, while the rupee opened 11 paise down. After closing the previous session at 86.15 versus the dollar, the currency began at 86.26. In the morning session, the dollar index, which compares the value of the US dollar to a view more...
In Q1 FY26, Bandhan Bank's microfinance portfolio accounted for 70% of its gross slippages: Sengupta, the CEO
- admin
- Finance
- Share
The Emerging Entrepreneurs Business (EEB), the bank's main microfinance portfolio, accounted for Rs 1,089 crore, or around 70%, of the Rs 1,553 crore in gross slippages reported in Q1 FY26. Managing Director and CEO Partha Pratim Sengupta revealed the information on view more...
Veritas Finance and SK Finance, two SME lenders, are expected to go public in August.
- admin
- Finance
- Share
Two mid-sized lenders for small and medium-sized businesses, Veritas Finance and SK Finance, are preparing to enter the capital market by the beginning of next month in response to HDB Financial's listing. According to sources, both businesses are well along in their r view more...
Will further rate reduction be made possible by lowering inflation?
- admin
- Finance
- Share
Economists and experts are speculating about another rate decrease after India's retail inflation eased to a 77-month low in June. It might pave the way for the Reserve Bank of India (RBI) to lower interest rates as early as the August monetary policy. To support g view more...
Can another round of high inflation be brought on by a flood of liquidity?
- admin
- Finance
- Share
According to the Reserve Bank of India's most recent figures, the Indian banking sector is awash in cash once more, like a monsoon overflow, with excess liquidity reaching Rs 4 lakh crore as of July 4. This spike, which was caused by significant government spending, view more...
.jpg)
The RBI's offshore swap reporting strategy may be resisted by international banks.
- admin
- Finance
- Share
According to persons familiar with the situation, international lenders intend to request that India's central bank relax a rule requiring them to disclose trading in offshore interest-rate derivatives. The sources, who asked not to be named because the talks are pri view more...
Rupee gains 20 paise at 85.88/USD, shrugging off uncertainty and returning to the 85 zone.
- admin
- Finance
- Share
After US President Trump's criticism of Federal Reserve chair Jerome Powell and his plans to replace him early caused the dollar index to plummet to a multi-year low, the Indian rupee opened 20 paise higher on June 26. The currency ended the previous session at 86.09 view more...
The RBI's assistance with project finance loans is a positive move, according to Banking Central.
- admin
- Finance
- Share
Everyone will benefit from the Reserve Bank of India's (RBI) final project finance guidelines, which go into effect on October 1, 2025. The final regulations have somewhat relaxed the stricter provisioning criteria found in the May 2024 draft rules. These regulatio view more...
RBI increases its examination of private and foreign banks' treasury activities and derivatives books.
- admin
- Finance
- Share
The Reserve Bank of India (RBI) has stepped up its oversight of private and international banks' treasury operations, derivatives books, and foreign exposure trade hedging, sources with knowledge of the situation told Moneycontrol. IndusInd Bank revealed disparities ea view more...
Just Login and Customize
Our Features Easily.
USERNAME : [email protected]
PASSWORD : admin1234