Category: Banking & Financial Services

Incremental CRR effect: Banking system liquidity swings into deficit mode

The Reserve Bank of India may conduct variable rate repo (VRR) auction(s) as liquidity has moved into deficit mode in the

Digital loans to customers in Tier-3 cities accounted for 40 per cent of the total digital lending disbursements in FY23,

The Association of Mutual Funds in India (AMFI) has invited applications for a new Chief Executive Officer. Executive search firm

The Life Insurance Corporation of India has acquired 6.660 per cent stake in Jio Financial Services owing to the de-merger

The microfinance industry is expected to continue its robust growth momentum in FY24 with strong double-digit growth. The microfinance industry

India’s banking system liquidity has slipped into deficit for the first time this financial year after the Reserve Bank of

Officers and workmen retired from nationalised banks and State Bank of India (SBI) are worried no action on ‘provision for pension

IIFL Home Finance Limited (IIFL HFL), a subsidiary of IIFL Finance, has secured debt funding of $100 million from IFC,

Despite near-term pressures, HDFC Bank’s balance sheet will double over the 4-5 years, driven by merger synergies, according to the

Overnight call money market rates have hardened, going beyond the marginal standing facility (MSF) rate of 6.75 per cent, indicating