Two years after India’s central bank had to step in to take control of Yes Bank to calm panicked depositors and stem systemic risk, the lender is looking to expand …
Yes Bank charts growth roadmap after raising $1 bn from two PE investors Read More
The total outstanding debt of the National Highways Authority of India (NHAI) stood at around Rs 3.49 lakh crore as on March 31, 2022, Parliament was informed on Wednesday. In …
NHAI debt at Rs 3.5 lakh crore Read More
Moody’s said on Thursday that it upgraded Yes Bank’s rating while changing the outlook to “stable” based on the equity raising plan announced last week. The global rating agency raised …
Moody’s upgrades Yes Bank rating, changes outlook to ‘stable’ Read More
Axis Bank to liquidate its UK subsidiary after the termination of a deal to sell a 100 percent stake to OpenPayd Holdings Ltd. In March 2021, Axis Bank informed the …
Axis Bank to wind up UK subsidiary after deal with OpenPayd fails Read More
The gap between credit growth and deposit growth is widening. Concerns are growing that deposit growth of less than 9 percent could pose funding challenges for lenders as they enter …
Ahead of festive season, lenders have a new worry of sub-9% deposit growth Read More
Amid challenges facing the global economy, India will need to balance its growth aspirations with maintaining macroeconomic stability, Kotak Mahindra Bank NSE -0.99% Chief Executive Officer Uday Kotak said on …
India needs to balance growth aspiration with maintaining macro-economic stability Uday Kotak Read More
Private lender YES Bank on Friday announced a $1.1 billion (Rs 8,900 crore) equity raise through funds affiliated with global private equity investors Carlyle and Advent International. Each investor potentially …
Global PE investors Advent, Carlyle to invest Rs 8,900 cr in YES Bank Read More
India is set to allow factories to export around 1 million tonnes of sugar, mostly unrefined, after granting companies’ requests to allow them to ship stocks that have piled up …
India set to allow mills to export around 1 million tonnes of sugar Read More
After a sharp 30 percent drop in fintech funding in Q1, valuation is expected to shift from payments to loan-led fintechs, which the report says will gain maximum wallet share. …
The future of fintech is in lending-led players, not payments Report Read More
The monsoon, which accounts for about 75% of India’s annual rainfall, is the lifeblood of its nearly $3 trillion agriculture-dependent economy. Asia’s third-largest economy and the world’s leading producer of …
Explainer-India’s economic outlook at the mercy of monsoon Read More
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