Banks

Axis Mutual Fund debuts Axis Business Cycles Fund: NFO to open this week SYNOPSIS One of the top AMCs in the nation, Axis Mutual Funds, has announced the introduction of Axis Business Cycles Fund, on open ended equity scheme…

Moody's withdraws IDBI Bank's credit ratings for business reasons Global credit rating agency Moody's Investors Service on Monday said it has withdrawn IDBI Bank Ltd's ratings for business reasons Global credit rating agency…

Exposure to Adani group well below limit, says State Bank of India Lender says all exposures secured by cash generating assets, and debt service will not be a challenge The country’s largest lender, State Bank of India, said…

Citi names Aditya Bagree markets head for India, South Asia cluster Bagree will report to Citi India's CEO Ashu Khullar and Citi's Asia Pacific head of markets, Julia Raiskin Citi on Tuesday said that it has appointed Aditya…

Nomura hires top ICICI banker to head India ECM business - sources MUMBAI- Nomura Holdings (8604.T) has tapped Mahesh Natarajan to head its equity capital markets business in India, two sources with direct knowledge told Reuters…

Commercial Business To Drive Kotak Mahindra Bank Growth: Manish Kothari SYNOPSIS Kotak Mahindra Bank expects to grow its commercial banking book to Rs 1 trillion next fiscal, driven by demand for commercial vehicles and…

Credit growth of scheduled commercial banks tapers off in December Banks extended loans of almost Rs 1.5 trillion during the fortnight ended December 30 Credit growth of scheduled commercial banks tapered off in the second…

Shriram Finance Secures $100 Million Loan From Asian Development Bank NBFC Shriram Finance Ltd said it had secured a five-year loan worth $100 million from the Asian Development Bank to provide credit to its customers towards…

Payments Banks’ technology-oriented business models no longer their niche Business models of PBs needs to be ensured that they are sufficiently robust and technological standards are adhered to so that they survive in a…

Bandhan Bank ties up with Govt to set up Sparsh service centres for Defence pensioners Kolkata: Bandhan Bank on December 19, 2022, announced that it has signed the Memorandum of Understanding (MoU) with the Controller General of…