Banking

Sundaram Home Finance Q2 Net up 20%

Overall disbursements went up 31 per cent to Rs. 2,199 crore in the second quarter from Rs 1,681 crore in the same period last...

Wheels India CMD flags inflation concern

“Growth will also be affected by a higher base effect arising out of GST 2.0 demand push that we benefited from in the second...

Expect single digit growth in ICE segment: TVS Motor

“You know that post-GST rationalisation, we saw a significant growth in two and three-wheeler industry. We saw a good, healthy growth in ICE; we...

Jana Small Finance Bank put on rating watch

India Ratings and Research has placed Jana Small Finance Bank on rating watch. This portents negative implications for the bank. This is especially so in view of the...

RBI keeps a tight vigil on gold prices and loan growth

Gold loans have emerged as the largest segment within non-housing retail loans, growing at a compounded annual growth rate (CAGR) of 42.4 per cent...

Kotak Mahindra Bank to buy Deutsche Bank’s retail, wealth business

The business comprises about Rs 29,000 crore  in loans, Rs 16,000 crore  in deposits and Rs 10,500 crore of assets under management and serves...

Big Executive Moves at Private Banks

Private lender HDFC Bank said its board has approved the appointment of Former Union Finance Secretary Rajiv Kumar as a Part-time Chairman for a...

Kotak Mahindra Bank MD Ashok Vaswani to quit

Ashok Vaswani has cited personal reasons, the bank said in a regulatory filing. The board has respected his decision and has initiated the process for...

Monetary policy has turned more cautious: RBI Governor

“Global economic outlook remains clouded by the continuing geopolitical impasse in West Asia, as sharply escalating energy prices and global supply chain disruptions continue...

RBI lowers FY27 growth forecast, ups inflation estimate

“Going ahead, the rise in prices of energy and other inputs, coupled with supply disruptions, is likely to weigh on economic activity,” RBI Governor...

RBI keeps repo rate unchanged at 5.25%

Consequently, the standing deposit facility (SDF) rate remains at 5.00 per cent and the marginal standing facility (MSF) rate and the Bank Rate remain...

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Sundaram Home Finance Q2 Net up 20%

Overall disbursements went up 31 per cent to Rs....

Wheels India CMD flags inflation concern

“Growth will also be affected by a higher base...

Expect single digit growth in ICE segment: TVS Motor

“You know that post-GST rationalisation, we saw a significant...

Vembu continues to flag AI impact

In a post on X, he warned that AI...

Festive demand looks strong: Hyundai India MD

“In the second half of FY 2027, we believe...