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Banks’ NIM falls in Q2 as RBI penal charge diktat takes effect, deposit cost rises

Large and mid-sized banks have seen a fall in their net interest margin (NIM) – a key indicator of lenders’

Bankers have called for the development of innovative products to reclaim deposit customers who have moved to the equity market.

Narayanan Vaghul, a doyen of Indian banking who was instrumental in bringing up ICICI, passed away today at his residence

Go First filed for bankruptcy in May last year India’s Go First has received two financial bids as part

India’s Jio Financial Services is in early talks with merchant bankers for its maiden bond issue, four bankers told

Indian lenders are optimistic that the Hinduja group will be able to close the funding for the acquisition of bankrupt

A fortnight after RBI cautioned banks against unprecedented growth in unsecured retail loans and asked them to grow “sensibly”, large