Press Trust of India | Last Updated: February 07, 2016 17:40 (IST)
Overall non-performing loans (NPLs) of the NBFC sector are likely to increase to 7.8 per cent in financial year 2016-17 from an estimated 6.7 per cent in the current fiscal year, according to a report by India Ratings and Research.
Press Trust of India | Last Updated: February 07, 2016 14:23 (IST)
RBI Governor Raghuram Rajan, however, did not get into the specifics.
Thomson Reuters | Last Updated: February 05, 2016 18:42 (IST)
Bank deposits fell by Rs 7,830 crore to Rs 92.70 lakh crore during the period.
Press Trust of India | Last Updated: February 05, 2016 16:33 (IST)
Mahindra AMC, a wholly-owned subsidiary of Mahindra & Mahindra Financial Services (MMFS), got the regulator's nod on February 4.
Press Trust of India | Last Updated: February 03, 2016 15:40 (IST)
Monsoon uncertainty will likely constrain monetary policy, it said.
Press Trust of India | Last Updated: February 02, 2016 16:18 (IST)
With lenders staring at huge loan losses on a review of top 150 defaulting accounts by Reserve Bank of India, its Governor Raghuram Rajan on Tuesday said the exercise is a part of a proactive clean-up process that will strengthen the system to serve the economy's needs in the future.
NDTV Profit Team | Last Updated: February 02, 2016 10:46 (IST)
Reserve Bank Governor Raghuram Rajan held repo rate steady at 6.75 per cent on Tuesday.
NDTV Profit Team | Last Updated: February 02, 2016 10:08 (IST)
Reserve Bank of India Governor Raghuram Rajan kept the repo rate steady at 6.75 per cent on Tuesday's monetary policy review. Here's what Dr Rajan said at a press conference after the rate announcement.
Thomson Reuters | Last Updated: February 01, 2016 15:03 (IST)
China is planning a pilot programme to allow select commercial banks to set up equity investment arms to take direct stakes in technology firms, people familiar with the matter said, a move aimed at giving lenders a chance to buy into a high-growth industry while stoking competition with private equity players.
Press Trust of India | Last Updated: January 31, 2016 14:26 (IST)
To make it easier for investors to buy or sell mutual fund products, fund houses are offering the facility of investing in such products by using the Aadhaar number.
Agence France-Presse | Last Updated: January 30, 2016 16:30 (IST)
The Bank of Japan on Friday adopted a negative interest rate policy to spur lending and help drive inflation towards its two-percent target.
Thomson Reuters | Last Updated: January 30, 2016 16:30 (IST)
HSBC said its British personal banking websites were back up and running on Saturday after a cyber attack forced them to close for most of the previous day.
Press Trust of India | Last Updated: January 28, 2016 17:00 (IST)
The retail credit saw a growth of 14.5 per cent in the previous fiscal.
Thomson Reuters | Last Updated: January 28, 2016 11:25 (IST)
Mortgage-loan growth rose to the fastest rate in at least six years.
Press Trust of India | Last Updated: January 28, 2016 00:10 (IST)
Retail credit of non-banking financial companies (NBFCs) is expected to grow 16-18 per cent in the current fiscal year on the back of rising demand in the new commercial vehicle segment and also given the general pick-up in business environment, according to a report by Icra.
Press Trust of India | Last Updated: January 27, 2016 18:03 (IST)
The Reserve Bank of India plans to procure an Audit Management and Risk Monitoring System (AMRMS) from five "potential shortlisted" solution providers, including PwC and Quadrant 4 Software Solutions.