banking industry

Gross non-performing property (GNPAs) of Indian banks fell by a whopping 26%, or Rs 2.14 trillion, to Rs 6.04 trillion as on Q3FY23 from a peak of Rs 8.19 trillion…

Non-banking finance firms expect as much as 30 foundation factors rise of their borrowing value in subsequent monetary yr as they anticipate the Reserve Financial institution of India to hike…

ICRA has revised its outlook on infrastructure sector-oriented non-banking monetary corporations (NBFCs) to ‘constructive’ from ‘steady’. These entities embrace lenders like Energy Finance Company, REC and Indian Railway Finance Company.…

The Centre’s transfer to take away long-term tax advantages from debt mutual funds will take away the tax benefit such devices used to get pleasure from over mounted deposits, and…

Chennai based mostly public sector lender Indian Abroad Financial institution(IOB) has efficiently mobilised tier II bonds of Rs 1,000 crore. The financial institution got here up with Basel III compliant…