Banks
Banks’ CD issuances touch an all-time high of ₹10.58 lakh crore in FY25
- By Ethan Caldwell
- . March 19, 2025
[ad_1] Primary market issuances of Certificate of Deposits (CDs) by banks rose 34 per cent year-on-year (y-o-y) to reach an all-time high of ₹10.58 lakh
Swedish driverless truck start-up in talks with banks for US IPO
- By Olivia Renshaw
- . March 19, 2025
[ad_1] Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Swedish driverless truck start-up
Close Brothers swings to loss as banks brace for potential car finance redress costs
- By Olivia Renshaw
- . March 18, 2025
[ad_1] Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Close Brothers swung to
Moody’s places IndusInd Bank’s credit assessment on review for downgrade
- By Ethan Caldwell
- . March 17, 2025
[ad_1] Moody’s Ratings said on Monday it has placed IndusInd Bank’s baseline credit assessment (BCA) under review for downgrade due to concerns over “inadequate internal
Over ₹16 lakh cr of NPAs written off by banks between FY14-FY24
- By Ethan Caldwell
- . March 17, 2025
[ad_1] Scheduled commercial banks have written off over ₹16 lakh crore worth of loans during FY14 and FY24, Lok Sabha was informed on Monday. The
RBI directs IndusInd to complete remedial action this month; assures customers of bank’s stability
- By Ethan Caldwell
- . March 15, 2025
[ad_1] The Reserve Bank on Saturday assured customers that IndusInd Bank remains ‘well-capitalised’, even as it directed the bank’s board to complete remedial action relating
Banks’ climate climbdowns show limits of stakeholder capitalism
- By Olivia Renshaw
- . March 14, 2025
[ad_1] Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. The backlash against corporate
ICAI’s financial reporting review board may examine IndusInd Bank’s Derivative Accounting controversy, says Prez Nanda
- By Ethan Caldwell
- . March 13, 2025
[ad_1] The Financial Reporting Review Board (FRRB) of the Institute of Chartered Accountants of India (ICAI) may look into the ongoing controversy surrounding derivative accounting
Private banks lead MSME credit growth, lending surges nearly threefold in 5 years
- By Ethan Caldwell
- . March 13, 2025
[ad_1] Private sector banks have emerged as the key drivers of credit disbursement to Micro, Small, and Medium Enterprises (MSMEs) under the Priority Sector Lending
3Q 2024 passive income: Banks to the rescue!
- By Lucas Fairchild
- . March 12, 2025
[ad_1] Another quarter has gone by and it is time for another update. For a change, I will reveal the numbers first. 3Q 2024 passive