Shayan Ghosh

Some HDFC Bank board members were keen on the deal, but after much debate, the board took a collective call to not risk missing the listing deadline, people aware of the development said. HDBFS is mandated to go public by September 2025, as per RBI guidelines

Mumbai, Sept. 11 -- An internal contest that Axis Bank held last year to reward top performers generating business has come under the scanner of the Reserve Bank of India (RBI).

Mumbai, Sept. 11 -- An internal contest that Axis Bank held last year to reward top performers generating business has come under the scanner of the Reserve Bank of India (RBI)....

The regulator has informed the bank that such a scheme violates existing regulatory guidelines. According to the regulator’s initial observations sent to the bank, these incentives were over and above the variable pay of its employees.

mumbai, Sept. 16 -- Credit growth that leapt far ahead of deposit growth has slowed, narrowing the gap between the two, as regulatory measures take effect and banks dial down a loan frenzy....

Experts said that regulatory actions for higher outflow rates on retail deposits, higher risk weights for certain loan segments will continue to drive slower growth for the rest of the period in this financial year.

Mumbai, Sept. 16 -- Credit growth that leapt far ahead of deposit growth has slowed, narrowing the gap between the two, as regulatory measures take effect and banks dial down a loan frenzy.

Mumbai: The share of low-cost deposits in the banking system could decline further and go below the levels seen before covid-19 on the back of

The company has already launched two of these platforms. While Udyog Plus for small businesses was launched in 2023, the direct-to-consumer (D2C) ABCD platform was launched in April.

Experts rule out a runaway rally, given the steep valuations across large swathes of the market, expecting large caps to outperform broader markets.