[ad_1] India’s so-called ‘bad bank’ set up to buy legacy stressed loans from the country’s lenders has seen such purchases grind to a standstill recently due to […]
In a first, credit card spend crosses Rs 1.4 trillion-mark in May: RBI data
[ad_1] After staying range-bound in 2022–23 (FY23), credit card spend hits Rs 1.4 trillion in May for the first time, reveals the latest data released by the […]
State Bank of India rejigs senior leadership roles to boost dominance
[ad_1] Saikat Das State Bank of India, the country’s largest lender, is re-jigging its senior leadership positions with at least four key executives getting new […]
Reliance Jio in talks to raise about $1.6 billion for equipment from Nokia
[ad_1] By Saikat Das India’s Reliance Jio Infocomm Ltd. is in talks to raise a loan for about $1.6 billion to fund the purchase of equipment […]
Wilful defaulters may get loan after five years of compromise settlement
[ad_1] RBI to come up with new rules on classification of accounts as fraudulent Top 50 wilful defaulters in India owe Rs 92,570 crore to banks: MoS Karad […]
US PE firm Bain Capital plans to sell $267 mn stake in Axis Bank: Report
[ad_1] Axis Bank shares slide 2.4% post Q4 results; what should investors do? Analysts raise Axis Bank’s earnings forecast; to track deposit growth ahead Axis Bank-Citi deal: Synergies […]
India of 2023 is different from what it was in 2013: Morgan Stanley
[ad_1] India has witnessed a significant transformation in several areas since 2014 and will emerge as a key driver for Asian and global growth, says a Morgan […]