The bank needs capital to grow and make profit, and \"we have got Clix as they have expressed their interest to merge with the bank. The advantage is that they are capital surplus and we are capital deficit,\" LVB, MD and CEO S Sundar told PTI in an interview

Stock Market LIVE Updates on July 2: ONGC, followed by M&M, IndusInd Bank, HDFC Bank, SBI and Titan were among the top gainers in the Sensex pack. On the other hand, Tech Mahindra and HUL were the top laggards

Under mounting global pressure, the famed secrecy walls surrounding Swiss banks have already crumbled over the last few years and Switzerland has been making an all-out effort to present itself as a clean global financial centre while dispelling the long-held perception of its banks being secret wealth vaults

In this third part, focus is on the impact of neoliberalism: slowdown in growth, rise in inequality, frequent economic crises, and much more. It also looks at some of the corrective measures

Corporate earnings are on a slippery wicket, and will continue to be on the edge for at least a year. Lockdown has dealt a punishing blow to firms and individuals whose delinquencies will unfold over the next few quarters

The reason India finds itself in the comity of nations that can't afford a big stimulus to stoke economic growth is the 8 quarters of wait-and-watch game played until coronavirus hit us

Among services, there has been an increase in credit to transport operators by Rs 4,300 crore, and retail traders Rs 6,900 crore in April

The lenders would require extra capital in the coming 12 months as credit quality declines, resulting in wider provisioning

A cyber insurance policy protects you against identity theft, cyber bullying, cyber stalking, phishing scams and email spoofing and malware attack

What ails the economy is lack of demand. There's only one factor that can revive the economy instantly - consumption. Post-lockdown, it's critical to stimulate demand and drive consumption in the economy. Can the stimulus do that?

The traditional approach of pumping money into banks to push liquidity to corporates and NBFCs is not working. It's time to change the strategy

A total of 3.2 crore account holders in state-owned banks availed the moratorium on loans, Finance Minister Nirmala Sitharaman's office tweeted recently.

Currently, banks are offering an extra line of credit of 10 per cent based on working capital limits, which the government intends to increase further

FM Nirmala Sitharaman will take stock of interest rate transmission to borrowers by banks and progress on the moratorium on loan repayments

To prepare the financial system for the big move next, Finance Minister Nirmala Sitharaman will meet CMDs and CEOs of public sector banks on Monday

Even before the crisis, most of them were already bleeding. After the lockdown, it will take a while before the grounded planes resume service

Experts suggest that bankers must have pushed the corporates to utilise their indrawn limits for 2019-20 so that they could show higher credit growth at the end of the financial year

But banks are staring at risk of corporate credit downgrades by the rating agencies. The rising ratings downgrades actually threaten to blow up banks' capital buffers

Coronavirus lockdown has created multiple landmines in the financial services sector. This is how banks and NBFCs are preparing for life post-coronavirus

Franklin Templeton: The fund house has not given any clear indication about the possible timeline within which it will liquidate all its investments and return investors' money