The company said that it has raised retail lending rates by 20 basis points to accommodate for the recent spike in interest rates.
Banks are waiting for clarity from IL&FS and the RBI before deciding on the treatment of IL&FS loans
RBI looks at tightening asset-liability guidelines for NBFCs to avoid rollover risks.
Kochhar’s reign at ICICI Bank saw its loan book grow, but its asset quality weaken. Will Sandeep Bakshi tread a different path?
The Supreme Court has given ArcelorMittal and Numetal two weeks to clear all outstanding dues.
State Bank of Mauritius says Indian operations hit by a cyberattack.
Ericsson files contempt of court proceedings against RCom for not paying dues.
Yes Bank says it intends to complete succession planning process within the RBI-mandated timeline.
One of India’s youngest lenders Bandhan Bank Ltd. has just received a strong rap on the knuckles from the Reserve Bank of India.
RBI calls for meeting with large investors at IL&FS, smaller investors may stay away from rights issue
Yes Bank denies any wrong doing in NPA disclosures in response to NSE queries
Yes Bank board seeks to extend Rana Kapoor’s term for another year
More than 100 million retail customers have borrowed from Indian lenders, shows TransUnion CIBIL data.
Rana Kapoor is deemed as an ‘Indian Partner’ according to the bank’s Articles of Association and has a non-retiring seat.
Rana Kapoor to step down after Jan 31, 2019.
Inter-departmental committee recommended that payments regulations must be independent of RBI
Private and non-bank lenders increased their share in lending to small businesses as state-run peers struggle with bad loans.
Some shareholders at the ICICI Bank AGM raise questions about the Chanda Kochhar probe, governance standards at the bank.
An aggressive offer and a Supreme Court petition later, what is ArcelorMittal’s game plan for Essar Steel?
ArcelorMittal offers to pay Rs 42,000 crore to Essar Steel’s creditors.
Amitabh Chaudhry has received RBI approval to be appointed as the managing director and chief executive officer of Axis Bank.