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How HDFC Bank lost Rs 50k-cr corporate loans
HDFC Bank, the country’s largest private-sector lender, lost to competition wholesale loans of around Rs 50,000 crore after it increased interest rates in May, said chief financial officer......
CAD seen to deteriorate in FY23 on costlier import
India's current account deficit is expected to deteriorate in the current fiscal on account of costlier imports and tepid merchandise exports, according to the Finance Ministry's monthly economic......
Excess liquidity in banking system back to pre-Covid levels
Concerned over inflationary pressures in the economy, the Reserve Bank of India (RBI) is bringing down surplus liquidity in the system rapidly. Illustration: Uttam Ghosh/Rediff.com It has fallen......
'Investors must stay with quality names'
Investors, analysts suggest, should stay on the sidelines and wait patiently for clouds to clear. Illustration: Dominic Xavier/Rediff.com The sharp sell-off in Indian equity markets over......
RBI to go for another 0.40% rate hike next week
The Reserve Bank is expected to go for another rate hike of 0.40 per cent at the scheduled review of the monetary policy next week, a foreign brokerage said on Friday. Photograph: Shailesh......
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