Banks (NEC) - HIND TIMES

HDFC Bank proposes to sell 100% stake in its subsidiary HDFC Education

HDFC Bank | Image credits: Bloomberg HDFC Bank has decided to sell its 100 per cent stake in HDFC Education and Development Services Private Ltd. The transaction will be…

Xavier March 31, 2024

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FTSE Russell defers India’s inclusion in govt bond index due to taxation

Indian rupee, Indian bonds market (Photo: Bloomberg) Global index provider FTSE Russell will defer India's inclusion in its government bond index due to taxation, registration and settlement issues, even as…

Xavier March 28, 2024

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Food price pressures deter swifter fall in inflation to RBI’s 4% target

RBI further said the global economy is losing steam, with growth slowing in some of the most resilient economies and high frequency indicators pointing to further levelling in the period…

Xavier March 19, 2024

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Foreign portfolio investors infuse Rs 18,500 cr in debt market in Feb

Foreign portfolio investors (FPIs) continued their bullish stance on the country's debt markets with a net infusion of over Rs 18,500 crore so far this month, driven by upcoming…

Xavier February 25, 2024

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YES Bank’s Q3 net rises to Rs 231 cr helped by drop in loan-loss provisions

India's Yes Bank said third-quarter net profit more than quadrupled, helped by a drop in loan-loss provisions and healthy growth in loans, but the result still fell short of…

Xavier January 27, 2024

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Union Bank of India net profit surges 60% to Rs 3,590 crore in Q3

The bank's gross Non-Performing Asset (NPA) ratio improved to 4.83 per cent as on December 31, 2023 as against 7.93 per cent a year ago State-owned Union Bank of India…

Xavier January 20, 2024

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Interim Budget to cut fiscal deficit in election year, focus on capex: Poll

The Indian government will target a lower deficit in the 2024-25 fiscal year despite lifting capital expenditure to an all-time high, according to a Reuters poll of economists who…

Xavier January 20, 2024