Credit card spending fell 5.9 per cent year-on-year (Y-o-Y) to ₹2.04 trillion in September this year, owing to a high base in the previous year. This…
Mumbai: Public sector banks have reported a combined corporate loan pipeline of about ₹7.8 lakh crore, signalling stronger credit demand as companies step up investment activity.Punjab…
Those with stakes in insurers may also have greater incentive to steer business towards group companies, where they can potentially manage the economics more effectively. Irdai…
Mumbai: Japanese financial powerhouse Sumitomo Mitsui Banking Corp. (SMBC) is in advanced discussions to buy a significant stake in Yes Bank, following months of negotiations, said…
“The lack of euphoria and a very healthy skepticism are lending strength to these markets, even as FIIs pull out and promoters sell. Going into Diwali…
Banking industry’s net addition of credit cards in June 2024 was at its slowest pace since October 2022. While HDFC Bank and Kotak Mahindra Bank continued…
Axis Bank on Wednesday recorded a profit growth of 4.1 per cent on-year at Rs 6034.64 crore for the first quarter of FY25 in comparison to…