Private Banks further consolidate lending market share
Private sector banks have further consolidated their position in the lending market post Covid, backed by their expertise in retail…
Banking & Finance
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Taking pole position: Auto, BFSI dominated Q4 corporate earnings circuit
Operating margins have been the primary driver of corporate earnings in India in recent quarters, despite revenue growth suffering from…
Net direct tax collections grew 9.8% to Rs.4.62 trillion till mid-June
India’s net direct tax collections for 2024-25 (FY25) grew 9.81% to Rs 4.62 trillion till June 16 of the first…
Budget 2024-25 likely to retain FY25 fiscal deficit target of 5.1%
Union Finance Minister, Nirmala Sitharaman could stick to the fiscal deficit target of 5.1 per cent of gross domestic product…
RBI opens gates for investors, companies to invest in overseas funds
Investors and companies based in India will now be able to invest in overseas funds, including those set up in…
Banks to request RBI to incentivize green financing
Call to consider this category of lending, irrespective of loan limit, as priority sector lending. Banks plan to request the…
India Inc. looking for credit to fund capex, corporate loan worth Rs 5 lakh crs. in pipeline: SBI Chief
State Bank of India Chairman, Mr. Dinesh Kumar Khara has said that there is a growing demand for credit from…
Cheque Bounce Rules: High Court Issues New Order on Non-Prosecution in Certain Cases
In a significant ruling, the Allahabad High Court has determined that the dishonour of cheques from banks that have merged…