Indian banks are struggling with tighter cash conditions, forcing them to borrow more from debt markets. This shift leads to higher borrowing costs, ending an era of easy liquidity. While the HDFC-HDFC Bank merger inflated borrowing figures, the core issue is a cash crunch.
Finance

Banks Feeling The Squeeze: Tighter Cash Conditions Lead To Increased Borrowing

Indian banks are facing a new reality: tighter liquidity. This situation is forcing them to rely more heavily on debt markets to raise funds, resulting

Bandhan Bank founder Chandra Shekhar Ghosh to step down as CEO in July 2024 after leading the bank for nearly a decade.Alt Text: Portrait of Chandra Shekhar Ghosh, a man with a mustache and short black hair, smiling at the camera.
Finance

The Reserve Bank Of India Appointed Arun Kumar Singh As New Board Member For Bandhan Bank

Veteran Banker Joins Board Arun Kumar Singh, a retired chief general manager with almost 36 years of bank experience, was added to the board of

Apollo get buying recommdation by Geojit
Finance

Apollo Hospitals Enterprise: Buy Recommendation With Target Price Of Rs 7059 By Geojit

On June 20, 2024, brokerage company Geojit sent good news to Apollo Hospitals Enterprise Ltd. (Apollo Hospitals) stockholders when they made a “buy” call. At

DCB Bank get a buying rating from motilal oswal
Finance

DCB Bank Gets Buy Rating From Motilal Oswal, Target Price Set At Rs 175

Motilal Oswal Upgrades DCB Bank with a Positive Outlook A “buy” call on the stock was issued by renowned brokerage company Motilal Oswal, which is

April-June Direct Tax Collection Surges 21% to Rs 4.62 Lakh Crore: Analysis
Finance

April-June Direct Tax Collection Surges 21% to Rs 4.62 Lakh Crore: Analysis

This increase underscores the nation’s fiscal strength in the face of both internal and international economic volatility. It is mainly the result of a significant

Union Budget 2024: India's Economic Resilience & Growth Roadmap
Finance

Union Budget 2024: India Roadmap to Economic Resilience

India is getting ready to announce the Union Budget 2024 on July 22. The country is expecting significant policy changes and targeted funding to strengthen

ATM Operators Seek Rs 2 Increase in Interchange Fee for Viability
Banking

ATM Operators Seek Rs 2 Increase in Interchange Fee for Viability

Mumbai: The National Payments Corporation of India (NPCI) and the Reserve Bank of India (RBI) have been contacted by the Confederation of ATM Industry (CATMI),

M2P Fintech and Bureau partnership to combat fraud
Banking

M2P Fintech and Bureau Forge Alliance to Combat Rising Fraud Cases

Due to the notable increase in fraudulent activity occurring within the banking system, M2P Fintech and Bureau have partnered to put strong fraud protection mechanisms

Indian Banks Urge RBI to Ease Liquidity Rules for Boosting Lending
Banking

Indian Banks ask RBI to Ease Liquidity Rules to Boost Lending

In an effort to increase lending, Indian banks are pleading with the Reserve Bank of India (RBI) to loosen the present liquidity coverage ratio (LCR)

Banking

Finance Minister Sitharaman: IBC Rescues Over 3,000 Distressed Companies in Eight Years

Since its establishment eight years ago, the Insolvency and Bankruptcy Code (IBC) has effectively saved 3,171 troubled enterprises and permitted the closure of unviable firms,