Odisha Finance Min Bikram Arukha urges banks to scale up credit for housing sector- The New Indian Express
By Express News Service BHUBANESWAR: Finance Minister Bikram Keshari Arukha on Thursday urged state heads of all commercial banks to focus more on providing housing and education loans to the…
HDFC Bank boosts profits as it rides Indian economic boom
Receive free HDFC Bank Ltd updates We’ll send you a myFT Daily Digest email rounding up the latest HDFC Bank Ltd news every morning. HDFC Bank, India’s largest lender by…
Piramal Finance aims to nearly double its branch count by 2027- The New Indian Express
Express News Service MUMBAI: Piramal Capital & Housing Finance (Piramal Finance), a wholly owned subsidiary of Piramal Enterprises, aims to double its Asset under Management (AuM) in the next five…
NBFC: Indian NBFCs double fundraising via bonds in five days as bank rate gap widens
Indian non-banking financial companies (NBFC) have raised around 100 billion rupees ($1.21 billion) via bonds in the past five days, double that of the preceding work week, with more such…
Indian banking will maintain its growth momentum: South Indian Bank MD & CEO
Growth in credit, mergers and acquisitions, digital initiatives by the Reserve Bank of India (RBI), and the shift in preference for rupee credit over external commercial borrowing (ECB) were the…
After PMC Bank, Wadhawans duped Indian Bank of Rs 279 crore
The Chennai-based public sector Indian Bank has admitted to a major loan default of Rs 279 crore by the realty group, Housing Development & Infrastructure Ltd (HDIL) Mumbai, and…
Experts- The New Indian Express
By PTI NEW DELHI: Rupee depreciation has impacted the current account deficit and fuelled inflationary pressures but at the same time it has made Indian exports more competitive, according to…
HDFC Bank to add 1,500-2,000 branches every year for five years- The New Indian Express
By PTI NEW DELHI: HDFC Bank proposes to double its network of branches in the next three to five years by adding 1,500 to 2,000 branches annually, which would akin…
CBI books DHFL in ‘biggest’ banking fraud of Rs 34,615 crore; 17 banks hit- The New Indian Express
By PTI NEW DELHI: The CBI has booked Dewan Housing Finance Ltd, its former CMD Kapil Wadhawan, director Dheeraj Wadhawan and others for bank fraud of Rs 34,615 crore, making…