Shayan Ghosh

Given the interest rate differentials, there is a preference for using Chinese Yuan or Japanese Yen as financing currencies at the back end, says Zhang.

Given the interest rate differentials, there is a preference for using Chinese Yuan or Japanese Yen as financing currencies at the back end, says Zhang.

In 2024, the local currency weakened 2.9% but less than 3% depreciation in the Chinese yuan against the dollar.

Typically, education loans of up to ₹ 7.5 lakh require no collateral but parents must jointly borrow it with the applicant; for loans above ₹ 7.5

SBI is the banking lifeline for one in every three Indians. With that kind of customer base, it isn’t easy to keep every customer happy all of the time. But Setty intends to try.

In August, RBI announced a scheme to allow investment and trading in sovereign green bonds by eligible foreign investors in the Gift City.

When seen on a full-year basis, higher fresh deposits compared to loans in 2024 has pushed the incremental CD ratio to 89.5%, as against 94% in 2023. The CD ratio indicates how much of a bank's deposit base is being utilized for loans.

Mumbai, Jan. 15 -- Banks in India added more deposit than loans in 2024 leading to softening of the credit-deposit ratio, even as deposit growth failed to keep pace with advances, showed latest data from Reserve Bank of India.

CEO Ravi Subramanian is aiming for rapid growth through micro branches and a focus on underserved markets.

The RBI classified Tata Sons as an upper-layer NBFC in September 2022, and it must therefore be listed on the exchanges by September 2025 unless it manages to get an exemption or gets deregistered.