Economy & Policy

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 fortnight of…
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Union Minister Nitin Gadkari, Minister of State for Ministry of Finance Bhagwat Kishanrao Karad, RBI Governor Shaktikanta Das, finance and economy stalwart KV Kamath will be in…
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Citibank India sold its consumer business to Axis Bank in a $1.6-billion deal last year. While it weighed hard on the emotions, CEO Ashu Khullar calls it a ‘strategically right’…
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L&T Technology Services will acquire the Smart World & Communication Business in an all-cash deal worth Rs 800 crore. IT company L&T Technology Services will acquire…
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NEW DELHI: Ahead of its Global Business Summit from Februaty 10-12 this year, the UP government held a road show in the national capital on Friday, projecting the state as an ideal…
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NEW DELHI: Amid the backdrop of looming risks, the emerging global environment presents new and diverse openings in digitisation, energy, health care and agriculture, PM Narendra…
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SNBL builds on the existing tendency of Indians to save for their purchases instead of using credit A nascent trend globally, Save Now, Buy Later, or SNBL business model, is the…
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IBLF recognises and appreciates the life and career experience of industry veterans, who should be celebrated as heroes in their own right Business is an ever-evolving,…
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At one point during intraday trade, Paytm shares gained over four per cent but settled 2.29 per cent higher at the closing bell. In Short Paytm disbursed loans worth Rs…
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Synopsis “We do not expect our risk profile of the portfolio to change pre Covid and post Covid. Also pre Covid, our average annual credit cost used to be in the range of 1 to…
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