Category : Banking


ICAI Proposes IBC Reforms to Parliament Panel

The Institute of Chartered Accountants of India submits comprehensive recommendations for Insolvency and Bankruptcy Code amendments to strengthen corporate resolution framework.

India Needs Multiple World-Class Banks: FM

Finance Minister Nirmala Sitharaman pushes for banking sector transformation, emphasizing India's need for multiple large, world-class banks to support its expanding economy and compete globally.

SBI vs HDFC: The Widening Valuation Gap Mystery

Discover why SBI trades at a significant discount to HDFC Bank despite similar asset growth. Analysis of NIMs, fee income, and market positioning reveals surprising insights about India's banking giants.

India Needs World-Class Banks: FM Sitharaman

Finance Minister Nirmala Sitharaman announces strategic discussions with RBI and banks to create large-scale, globally competitive Indian banking institutions that can drive economic growth.

SBI to List Mutual Fund Arm in Strategic Move

State Bank of India announces strategic decision to list its mutual fund subsidiary, SBI Mutual Fund, marking a significant move in India's financial sector to unlock shareholder value and enhance market presence.

Bank Unions Oppose FM's Privatisation Remarks

Indian banking unions strongly oppose FM Nirmala Sitharaman's privatisation remarks, demand strengthening of public sector banks instead. Latest updates on the banking sector debate.

SBI Board Approves SBI Funds Management IPO

State Bank of India's board approves IPO plans for SBI Funds Management, marking a significant move in India's mutual fund industry. The lender will divest 6.3% stake in its asset management subsidiary.

Mahindra Sells Entire RBL Bank Stake Worth ₹6.78B

Indian automotive giant Mahindra & Mahindra has completely exited its investment in RBL Bank, selling shares worth approximately ₹6.78 billion. This major financial move signals strategic portfolio repositioning.

Piramal Finance Gets Abu Dhabi Investment Boost

Jairam Sridharan-led Piramal Finance secures strategic foreign investment from Abu Dhabi's International Holding Company and Samman Capital, signaling strong global confidence in India's NBFC sector.

Car Loans Surge, Commercial Vehicles Lag in India

India's auto loan sector shows a surprising split: passenger vehicle financing accelerates post-GST cuts while commercial vehicle loans remain stuck in neutral. Discover the economic drivers behind this divergence.

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