The Covid outbreak just exacerbated the severe value erosion of several stressed assets
- MORE MARKET STATS
According to sources, the meeting was meant to take stock of the current situation and no alternative mechanism for processing…
At 12 bps, the WALR hike was most pronounced at private banks, while public sector banks’ (PSBs) WALR on fresh…
Prakash Agarwal, director and head – financial institutions, India Ratings, said, “Within the organised segment, growth in the banking sector…
Apart from diamond imports, the other trade transactions that may be affected are sunflower oil imports into India, 90% of…
Banks are studying the nature of sanctions already announced by the US and European nations.
“Freecharge actually started as a recharges platform, morphed into a wallet business to now become a financial services platform. But,…
Outstanding non-food credit as on February 11 fell to 114.67 lakh crore from115 lakh crore at the end of the…
The bad bank is looking to hire 13 full-time employees, including a chief investment officer (CIO) and a chief operating…
Bankers said that the rate adjustments are also somewhat technical in nature, as lenders need to adjust their asset liability…
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