The crisis at IndusInd, India’s fifth-largest private bank
In today’s newsletter, lots of space for SpaceX in India, with both Bharti Airtel and Reliance Jio announcing partnership ...
India central bank chief urges common pool of climate-focused projects to enhance financing
Indian banks and non-bank finance companies (NBFCs) should consider setting up a common pool of bankable projects for climate ...
India central bank probing banks' derivatives books amid IndusInd fallout, sources say
India's central bank is examining derivatives exposures of some private and state-run banks days after IndusInd Bank ...
Indian Bank extends fall into 2nd day, hits 2-month low; down 10% in 4 days
The current trend of higher recoveries than slippages is expected to continue through FY25, while the bank's ability to ...
India’s Biggest Bank to Set Up AI, Fintech Project Finance Unit
State Bank of India, the country’s largest lender, is setting up a unit to manage project financing solutions for “new age ...
Indian non-bank lenders to tweak funding mix after RBI relaxes banks' lending norms
Indian non-banking financial companies (NBFCs) are likely to tweak their funding pattern in the upcoming financial year, as ...
India's IndusInd Bank slides 10% after reporting net worth hit
Shares of India's IndusInd Bank fell 10% in pre-market trade on Tuesday, a day after it warned about a 2.35% decline in its ...
Holi 2025 bank holiday: Are banks closed today, March 14? Check here
On March 14, banks will be closed in various cities for Holi as per RBI guidelines. Customers should verify local bank ...
Commercial Observer2d
State Bank of India Takes 425 Park’s Last Available Floors
The State Bank of India has leased the last remaining floors at L&L Holding’s 425 Park Avenue, where its neighbors include ...