Banking & Finance

RBL share price hits 52-week high after strong Q3 business update. Buy or sell? RBL share price: Banking stock may continue to rally and hit Rs.200 apiece levels in near term, say experts Stock market today: RBL Bank share…

Impact Of New Securitization Guidelines By RBI On The Business Ecosystem The Indian Securitization industry is approx. 2 lakh crore. In the Financial Year (FY) 2021-22 securitization market contributed to a volume of 1.35 lakh…

RBI asks Razorpay to pause onboarding merchants According to a PTI report, Cashfree, another fintech firm, has also been asked to to temporarily stop onboarding new customers. No immediate comments were received from Cashfree, it…

Viral video claims Rs 1000 is coming back from 1 January 2023. Is it? Check fact Rs 1000 notes news: There is no plan to roll back Rs 2000 notes and re-introduce Rs 1000 notes, says PIB. Days after the Government confirmed…

HDFC Bank completes mega bond issuance amid strong demand: Analysts The private lender raised 150 billion rupees ($1.85 billion) through 10-year Tier-II bonds at an annual coupon of 7.86%, for which it had received bids worth…

HDFC Business Cycle Fund: NFO Review Synopsis Business Cycle Funds are supposed to benefit from timing the business cycle. These funds are meant to outperform by buying cyclical sectors during an upturn and defensive sectors…

Rajnish Khare join Union Bank of India as Chief Digital Officer In a career spanning 23 years, Khae has worked with several high-street banks like Citibank, Standard Chartered Bank, and ICICI Bank Rajnish Khare has joined…

SBI Securities appoints NK Purohit as Chief Business Officer According to SBI Securities, Purohit will be responsible for the company's Rs 800 crore+ revenue, a customer base of around 3 million and employee base of 10,000+ to…

Liquidity turns surplus as demand for cash drops post festive season Liquidity in the banking system refers to readily available cash that banks need to meet short-term business and financial needs. The liquidity in the…

Here's how foreign banks operating in India are fighting to stay relevant The share of foreign banks in Indian banking is on the decline. To remain relevant and continue growing, they are now playing to their strengths In…