Finance News Analysis

What's in store for 'India's most sincere bank'?

Has Sharma given up on it? For now, he seems to be on a save-OCL mission

Vodafone India FPO: How is it different from IPO? Who are anchor investors?

Vodafone Idea (Vi), India's third-largest telecom operator, has raised about Rs 5,400 crore in its follow-on public offering from anchor investors

Irdai allows firms to offer customised insurance to match customer needs

That there is no flash in the pan has been made clear by the insurance regulator when it announced these changes through a series of gazette notifications on Friday

Delhi maintains revenue surplus despite dent in liquor taxes since 2022-23

The new excise policy, introduced in Delhi in November 2021, made sweeping changes to the city's liquor trade

Strong Q2, healthy prospects: Stock may be pricing in near-term positives

The completion of ongoing capex may increase steelmaking capacity to 37 million tonnes (mt) by FY25. Beyond that, JSW Steel aims to reach 50 mt capacity by FY31

SBI offers special discounts on home loan rates as festive season kicks in

Under a special campaign for home loan borrowers, the country's top lender is offering concessions of up to 65 basis points. The last date for the concession on home loans is December 31, 2023.

Digital and off the ground: The rise of India's new debt collectors

Companies that don't have to be on the field to nudge people to return the money they owe to lenders

Cash has no substitute: It is inclusive and the original instant payment

It gives freedom of choice to consumers, cuts across economic status and geographies

Digital lenders' disbursement grows 2.5 times to Rs 92,848 crore in FY23

Growth in disbursement value improved though the pace slowed in the second half of FY23, says industry group

Run-up to monetary policy review: Expected pause, surprise on stance?

A change in stance could be inferred by the markets as a definite sign of rates peaking

Card and internet fraud cases up 257% since Covid-19 pandemic began

There was a 289% jump in the amount defrauded through these modes, while the amount swindled through cash frauds increased 182%

India's economic growth prospects have brightened, says Fitch Ratings

Agency says robust growth outlook offset by weak public finances

Q4 earnings: India Inc's net profit growth slowest in 11 quarters

Slowdown in revenue growth, spike in interest expenses hit Q4 earnings

Finance ministry's May economic report may be FY23 Eco Survey update

It could be the first time that CEA would use MER to give a detailed analysis of last FY

In search of binding ties: Lack of SRO will continue to haunt shadow banks

Legacy shadow banks continue to do business without a self-regulatory body. This is far from ideal

India's additional green financing need at 2.5% of GDP: RBI report

PSBs more vulnerable to shocks than private banks

After a decade in wilderness, Indian banks healthy, but still not cautious

With everything going well, lenders should be turning cautious. But recent full-yr results show an opposite trend: Provisions for future loan losses are beginning to decline. This may not be prudent

Succession planning at pvt banks is a major issue: RBI on board governance

At a first-of-its kind open house with bank boards next month, Mint Road can be expected to do some plain speaking on long-festering issues of management and ethics

Home loan borrowers turn to refinancing amid rise in interest rates

Lenders cut spread to attract new customers

RBI paper sees enough signs of firming up disinflationary trends

"This suggests that generalisation or broad-basing of inflationary pressures is on the ebb and increasingly localised price movements are influencing headline inflation..."