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Finance

RBI to issue new 5-year bond on April 6, seeks to raise Rs 8,000 cr

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Reserve Bank of India will issue new five-year government bonds (maturing in 2028) to raise about Rs 8,000 crore in the first bond...
Finance

Finance Ministry to constitute 16th Finance Commission this year

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The finance ministry on Monday told the Lok Sabha that it was going to constitute the 16th Finance Commission (SFC) in the current...
Finance

HDFC Bank records 16.9% increase in credit growth at Rs 16 trillion

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Private sector lender HDFC Bank on Monday said it has recorded a 16.9 per cent increase in credit growth at Rs 16 lakh...
Finance

Bankruptcy resolutions yielding lower realisations, taking longer: Report

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Bankruptcy cases are taking longer to resolve and yielding lower values for lenders, a credit rating agency analysis said on Monday. The average number...
Finance

SBI digital services impacted due to tech glitch, resolved later

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SBI Q2 PAT may rise up to 98% QoQ, asset quality could improve: AnalystsSBI Q3 profit may rise nearly 60% YoY; deposit growth...
Finance

Rupee weakens against dollar after OPEC+ supply cut, recovers later

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The rupee weakened against the dollar on the first trading day of the new financial year after crude oil prices jumped following a...
Finance

Govt’s net direct tax collection rises 18% to Rs 16.61 trillion in FY23

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Net direct tax collection hits Rs 13.73 trn, 83% of FY23 revised estimateGross direct tax mop-up grows 24% to Rs 15.67 trn, net...
Finance

Nainital Bank raises Rs 100 cr via rights issue to meet future requirements

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Nainital Bank, a subsidiary of public sector lender Bank of Baroda (BoB), on Monday said it has raised around Rs 100 crore through...
Finance

Investment banker Sudha Shivkumar is now president of Ficci women’s wing

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T20 World Cup Final Highlights: Australia complete 2nd hattrick of titlesWomen's T20 World Cup: India fail again, lose to AUS by 5 runs...
Finance

Neeraj Nigam new RBI executive director, will lead consumer education dept

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The Reserve Bank of India (RBI) has appointed Neeraj Nigam as executive director (ED) with effect from April 3, 2023. He was the...
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