Terming whistleblower allegations on loan evergreening as "grossly inaccurate and baseless", Indusind Bank on Saturday admitted to have disbursed 84,000 loans without customer consent in May owing......
India’s private-sector banks are likely to lose market share for a second consecutive year in 2025-26, as their loan books continue to expand much slower than overall bank credit. Illustration:......
With deposit growth remaining sluggish and the credit – deposit ratio of commercial banks crossing 80 per cent, banks have ramped up their borrowing in the certificate of deposit (CD) market.......
'As the team builds, each of them will bring in a different perspective, new thinking.' IMAGE: The IndusInd Bank display board at a metro station in New Delhi. Photograph: Anushree......
IndusInd Bank on Tuesday said global rating agency Moody's has placed the bank's baseline credit assessment (BCA) under review for a possible downgrade. Photograph: Anushree Fadnavis/Reuters The......