Banks’ CD issuances touch an all-time high of ₹10.58 lakh crore in FY25
Business

Banks’ CD issuances touch an all-time high of ₹10.58 lakh crore in FY25

[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
Finances

Swedish driverless truck start-up in talks with banks for US IPO

[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
Finances

Close Brothers swings to loss as banks brace for potential car finance redress costs

[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
Business

Moody’s places IndusInd Bank’s credit assessment on review for downgrade

[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
Business

Over ₹16 lakh cr of NPAs written off by banks between FY14-FY24

[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
Business

RBI directs IndusInd to complete remedial action this month; assures customers of bank’s stability

[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
Finances

Banks’ climate climbdowns show limits of stakeholder capitalism

[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
Business

ICAI’s financial reporting review board may examine IndusInd Bank’s Derivative Accounting controversy, says Prez Nanda

[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
Business

Private banks lead MSME credit growth, lending surges nearly threefold in 5 years

[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!
Stock Market

3Q 2024 passive income: Banks to the rescue!

[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

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