RBI intervention may increase to check bank system outages: Re...

Tech glitches and impact The Reserve Bank of India’s move to temporarily ban private lender HDFC Bank from onboarding new credit card clients and launching digital initiatives has prompted questions on the sweep of services that will be affected. ET ...

The new draft norms mean that NBFCs owned by banks like HDB Financial Services Ltd is by HDFC Bank cannot continue as a wholly owned subsidiary or will have to choose entirely new businesses. MUMBAI: Banks with financial subsidiaries like insurance, mutual ...

While Abheek Barua, the chief economist at HDFC Bank expects a rate cut in the final policy review in February, principal economists at Icra Ratings Aditi Nayar rules out the same, saying the supply side boost to tame inflation is unlikely to have the desired ...

Posted by Equitymaster Indian share markets ended on a flat note yesterday. At the closing bell yesterday, the BSE Sensex stood higher by 15 points. Meanwhile, the NSE Nifty ended up by 20 points. ONGC was among the top gainers . HDFC Bank, on the other hand, ...

With slippages increasing every quarter, any derailment on growth or change in customers’ repayment behaviour after moratorium may impact the overall asset quality. Correction, though, presents attractive buying opportunities, given the bank’s sustained leadership position. The HDFC Bank stock has corrected over 4 per cent when the regulator asked the bank to stop launches under its Digital 2.0 initiative and sourcing new credit cards. At Rs 1,372.25 apiece, its share price has ...

Bharti Airtel was the top gainer in the Sensex pack, rising around 3 per cent, followed by HUL, HDFC, ITC, IndusInd Bank, SBI, Sun Pharma, ONGC, Tech Mahindra, L&T and Asian Paints. On the other hand, Kotak Bank, Nestle India, Tata Steel, Bajaj Finance and HDFC Bank were among the laggards. Equity benchmark Sensex rallied 347 points to end at its fresh lifetime peak on Monday, tracking gains in index majors HDFC, HUL and ICICI Bank amid unabated foreign fund inflows. After touching a ...

The Reserve Bank of India (RBI)’s ‘Report of the Internal Working Group to Review Extant Ownership Guidelines and Corporate Structure for Indian Private Sector Banks’ (bit.ly/38ZZihs), released on November 20, emphasises ‘capital-based’ licensing of ...

Posted by Equitymaster Indian share?markets ?witnessed positive trading activity throughout the session on Friday and ended near day's high. Benchmark indices rose for the seventh straight day after the Reserve Bank of India (RBI) announced liquidity ...

'No commercial bank will be allowed to fail. There is nothing to worry about' Photograph: Rupak De Chowdhuri/Reuters   "Historically, whenever a bank comes on the verge of a collapse, the RBI steps in and makes sure that the troubled entity is taken over by a relatively stronger bank," Tamal Bandyopadhyay, whose latest book Pandemonium: The Great Indian Bank Tragedy highlights the rot in India's banking system, tells Syed Firdaus Ashraf in the concluding segment of a fascinating two-part ...