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Rising pile

Fear continues to stalk the corner offices and board rooms of prominent PSU banks already encumbered with rising gross non-performing assets (NPAs). The arrests of former chairman of IDBI

Best time for home loans as rates at 6-yr low

If you are planning to avail of a home loan, it is the best time now to go for it as lending rates for housing loans are at their lowest

Plateauing stressed assets …but credit costs to hit profitability

India Ratings and Research (Ind-Ra) has maintained a stable rating and sector outlook on private sector banks and large public sector banks (PSBs) while it has retained the negative sector

Bad loans dip as bank stocks rise

The recent guidelines from the central bank allowing statutory reserve and other reserves created out of the profit to be reckoned for paying of Additional Tier 1 (AT1) bonds coupon

Disrupted quarter, Bank performance divided

Private Banks (PVB) reported a 9 per cent YoY decline in net profit due as the muted earnings performance of Axis Bank weighed-in. Public Sector Banks (PSB) like SBI,

Big banks avoid hiring spree despite boom in trading

Market trading is booming at US and European banks, thanks to Donald Trump and Brexit, and yet the glory days of dealing rooms the size of football pitches remain as

SBI General targets Rs 7K cr premium in 5 years

SBI General Insurance expects its gross written premium (GWP) to grow to Rs 7 000 crore in next five years. The company has identified crop insurance retail health

Gestamp eyes 20% growth with new Pune plant

Gestamp, a Spanish multinational that designs metal components for the passenger car industry, is eyeing 20 per cent annual growth in India for its hot stamping-based components. The company,

Gold futures volume nosedives 71%: WGC

Since the introduction of Commodity Transaction Tax (CTT) in 2012 and the NSEL scam in 2013, gold futures volume has dropped 71 per cent. The World Gold Council

Gems & jewellery exporters exploring new finance avenues

Gems and jewellery (G&J) exporters are exploring alternative financing channels as the sector, especially micro, small and medium companies, is finding it tough to get bank financing.
The gems and

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Contents In this section will be updated soon

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