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Lendbox expects revenue to grow by 20% in FY25
Financial Express· 11 hours agoPeer-to-peer lending platform Lendbox expects its revenue to grow by 20% in FY25. The company had posted a net revenue of Rs 120 crore and a bottom line...
Are banks open or closed today?
The Economic Times· 5 days agoThe Reserve Bank of India plays a crucial role in determining the bank holidays for the entire year in India. This includes all types of banks, such as...
Indian banks' gross NPA ratio at multi-year low of 2.8%, net NPA down to 0.6% in FY24: RBI Fin...
The Economic Times· 6 days agoThe Reserve Bank of India reported that Indian banks' gross NPA ratio reached a multi-year low of 2.8%, with net NPA at 0.6% by March 2024. The global economy ...
Bank of Baroda plans capital raise through debt instruments for FY 2024-25 - CNBC TV18
CNBC TV18· 5 days agoShares of Bank of Baroda Ltd ended at ₹275.35, up by ₹3.05, or 1.12% on the BSE.
President Murmu says reforms made PSU banks profitable; SBI at record profit, LIC more robust now
CNBC Awaaz· 6 days agoPresident of India Droupadi Murmu said on Thursday, 27 June that the reforms carried out by the...
ICICI Bank becomes 15th most valued bank globally as m-cap breaches $100-billion mark
CNBC Awaaz· 5 days agoData from Bloomberg showed that ICICI Bank, India’s second-largest bank by market capitalisation, now boasts a higher market capitalisation than many other ...
NBFC body FIDC will apply to RBI for SRO licence: Raman Aggarwal
CNBC Awaaz· 6 days agoThe Finance Industry Development Council (FIDC), a body of non-banking financial companies (NBFCs),...
RBL Bank stock gains 3% on board's nod for Rs 6,500 cr fund raise
Business Standard India· 5 days agoShares of RBL Bank jumped 3 per cent to a high of Rs 270.40 on the BSE in Friday's intra-day trade...
Tight liquidity forces banks to tap debt markets, shell out more
The Economic Times· 2 days agoThe latest fortnightly data released by the Reserve Bank of India showed that in April-June - up to June 14 - the average bank borrowings were at...
RBI reveals gross NPA of banks hit 12-year low of 2.8%, credit growth to improve; 5 key highlights...
Livemint· 6 days agoThe Reserve Bank of India (RBI) released the June Financial Stability Report on Thursday, June 27,...