RBI imposes restrictions on New Delhi-based bank. Details here

[ad_1] The Reserve Bank of India (RBI) on Friday imposed several restrictions on New Delhi-based Ramgarhia Co-operative Bank in view of the lender’s deteriorating financial condition. Among other curbs, the … Read More

IDFC First Bank hikes benchmark lending rates. Check latest rates here

[ad_1] Private lender, IDFC First Bank hikes benchmark lending rate by 10 to 15 basis points on various tenures. The new rates of Marginal Cost of Funds based Lending Rate … Read More

Bank of Baroda plans to issue long term bonds to fund infra, affordable housing sectors

[ad_1] Public sector lender, Bank of Baroda (BoB) plans to issue long-term bonds for raising funds to finance infrastructure and affordable housing. The bank plans to raise about ₹5,000 crore. … Read More

Kotak Mahindra Bank Stock: 5 Reasons Goldman Sachs Thinks Kotak Could Be a $100 Billion Bank in the Next 4 Years

[ad_1] New Delhi: The private sector lender, which has underperformed Nifty Bank in the last two years, could grow up to 26 per cent in the next one year and … Read More

ITC Stock: Big movers on D-ST: What should investors do with Jamna Auto, IDFC First Bank and ITC?

[ad_1] Supported by positive global cues, the Indian market on Monday broke its three-day losing streak. The S&P BSE Sensex rose over 300 points, while the Nifty 50 closed above … Read More

Bitcoin Could Reach $28,000 by Year-End: Deutsche Bank

[ad_1] Even as the world’s largest digital currency by market capitalization continues to stay above the $19,000 mark amid a broader market slump, Bitcoin (BTC) could go as high as … Read More

AU Small Finance Bank gets AA/Stable rating for long-term debt instruments from Crisil

[ad_1] NEW DELHI: Rating agency Crisil On Thursday revised its outlook on long-term debt instruments (tier-II bonds, non-convertible debentures, and subordinated debt bonds) of AU Small Finance Bank to AA/Stable. … Read More

Small Finance Bank: Will bearish market conditions prove to be a hindrance to AU SFB’s solid journey?

[ad_1] The lending base of small finance banks and private banks differ significantly. The Reserve Bank of India (RBI) has limited the amount that SFBs can lend; Private banks have … Read More

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