Category: Banking & Financial Services

What is ICRR, and its impact on liquidity

On August 10, the Reserve Bank of India (RBI)asked banks to maintain an incremental Cash Reserve Ratio (ICRR) of 10 per

Gold loan lender Muthoot Finance has registered a net profit of ₹975 crore in Q1FY24 against ₹802 crore in Q1FY23,

Old private sector lender City Union Bank (CUB) has reported a profit after tax of ₹227 crore for the quarter ended June 30, 2023,

ESAF Small Finance Bank Limited has registered a 23 per cent growth in its net profit in Q1 of FY24

A number of public sector banks, including Bank of Baroda (BoB) and Canara Bank, raised the marginal cost of funds

Manappuram Finance Ltd has reported a consolidated net profit of ₹498 crore in Q1 of FY24, an increase of 20

The RBI would like to see banks boost efforts to recover written-off loans as this will aid their profitability and

To enable infrastructure debt funds (IDFs) to play a greater role in financing the infrastructure sector and to harmonise regulations applicable

Aided by a sharp increase in net investment income, insurance behemoth Life Insurance Corporation of India (LIC) on Thursday reported