Category: Banking & Financial Services

Banks’ certificate of deposit issuances grew by more than 65 per cent

Certificate of deposit (CD) issuances grew by more than 65 per cent (year-on-year/yoy) to ₹4.51 lakh crore during 2024-25 (up

Banks are launching new, innovative deposit schemes which offer higher rate of interest and also resemble capital market instruments like

Aye Finance, an MSME lender and a non-banking finance company, has entered into definitive agreements to raise ₹ 250 crore

The Reserve Bank of India (RBI) on Thursday approved the re-appointment of V Vaidyanathan as MD, CEO of IDFC First

Besides growing advances a little slower than deposits, HDFC Bank has zeroed-in on big-ticket loan securitisation to moderate its credit-deposit

The Reserve Bank of India (RBI) is unlikely to immediately follow US Fed in cutting the repo rate as its

The Reserve Bank of India on September 19 allowed non-banking finance company (NBFC) IIFL Finance to offer gold loans after

The State Bank of India, a public-sector banking company, has appointed Joohi Smita Sinha as the Chief General Manager (CGM)

Kaleidofin Private Ltd, a financial services company focused on the informal sector, has secured $13.8 million in equity funding. Leading

The Federal Reserve lowered its benchmark interest rate by a half percentage point Wednesday, in an aggressive start to a