The non-banking finance company with market capitalisation of Rs 2.84 lakh crore has raised the substantial sum in March alone amid the second Covid wave

The RBI adopted multiple regulatory forbearance measures and ultra-loose monetary policy to counter economic headwinds. Now it has to work out an exit roadmap

Reserve Bank of India's Monetary Policy Committee decides to retain its 'accommodative' policy stance; projection of real GDP growth for 2021-22 is retained at 10.5%

Anmol Ambani says when professional 'actors' can continue shooting films, professional 'cricketers' can play sport, 'politicians' continue rallies with masses, why businesses or work is not essential

During the quarter, pursuant to the buyback option embedded in the home loan arrangement between HDFC and HDFC Bank, the corporation assigned loans worth Rs 7,503 crore to the bank

The RBI is trying its best to keep the interest rates low to support the economic recovery and also facilitate government's huge borrowing plan in 2021-22

RBI should take cognisance of the situation and work together with sector representatives and government to eliminate the flaws and make the microfinance industry more vibrant

A consumer-friendly regulator has to solve all consumer issues regarding any of their industry brands - irrespective of their scale of business

Reserve Bank has today communicated the applicable average base rate to be charged by Non-Banking Financial Company - Micro Finance Institutions (NBFC-MFIs) to their borrowers for the quarter beginning April 1, 2021, will be 7.81 per cent

There will be large banks having presence across the country and the world, mid-size banks present across the economy, small finance banks/regional rural banks/cooperatives to take care of the small borrowers and digital players, Das said

Going forward, from April 1, every company that uses an accounting software for maintaining its books of accounts will have to mandatorily ensure creating an edit log of each change made along with the date when such changes were made.

At the apex NBFC body FIDC (Finance Industry Development Council) meeting on Wednesday, industry players said that typically NBFC loans are small ticket credit and therefore they do not see any major impact on their books

The Reserve Bank of India's Financial Stability Report, released in January this year, showed that gross non-performing assets (NPAs) of banks may rise to 13.5 per cent by September 2021, under the baseline stress scenario

Policymakers and regulators have primarily facilitated the economic revival, and India's medium-term growth now hinges on a kickstart of the investment cycle.

Engineering giant L&T and technology majors Wipro and HCL Technologies have parked fund in HDFC Bank's consumer finance NBFC - HDB Financial Services

A symbiotic relationship between banks and digital NBFCs can lead the way towards a win-win situation for all

HDFC Bank refused to compromise on profitability and tapped semi-urban and rural markets to emerge far ahead of rivals

Banks' ability to transform themselves with speed and agility to survive the next revolution will determine the winners and losers

Digitisation and proposed ARC for bad loans and development financial institution will help the banking industry reboot. The 25th edition of the BT-KPMG Best Bank Study brings you future ready banks and Fintechs

As debt-laden distressed companies fall by the wayside, some cash-rich large companies are practically monopolising their sectors