The conflict in Iran has abruptly clouded the rosy outlook for India Inc. “The timing is unfortunate for corporate India,” ...
Reports that the Department of Financial Services (DFS) under the finance ministry is examining a pathway for NBFCs to convert into banks could prove to be one of the most consequential financial ...
In a world economy defined by uncertainty, India is one of the few places where fundamentals continue to strengthen.
Former SBI managing director will take over from Prashant Kumar on 6 April as Japan's SMBC strengthens presence in the lender.
Despite private banks lagging the Nifty 50 and BSE Sensex recently, market veteran Gurmeet Chadha sees strong value in banking stocks, citing attractive valuations and a shift from LDR to LCR that ...
By Nikunj Ohri NEW DELHI, March 11 (Reuters) - India's financial crime fighting agency was conducting searches on Wednesday to probe the 5.9 billion rupees ($64 million) fraud reported at IDFC First ...
In a significant development in the Rs 116‑crore fake FDR scam related to IDFC First Bank, the Municipal Corporation Chandigarh has recommended a comprehensive audit of the entire funds of Chandigarh ...
On the sectoral front, auto, FMCG, PSU Bank, Consumer Durables, Private Bank, Capital Goods, IT, realty shed between 0.5-2%, while oil & gas, pharma indices ended with marginal gains. Biggest Nifty ...
The SBLC was originally issued by Borosil Renewables to HDFC Bank’s Mumbai branch, and was used to back a €12 million loan that HDFC’s GIFT City branch had given GMB.