SC Ruling Hits Yes Bank's Capital Buffer
Supreme Court's AT1 bond reversal threatens Yes Bank's core capital by 230-300 basis points.
The Economic Times · 1m
Fairfax gets 15 years to reduce stake in IDBI Bank to 26%
Fairfax Financial Holdings to cut IDBI Bank stake to 26% over 15 years.
The Economic Times · 1m
Bond Yields Surge, Banks' Treasury Income Falls
Rising bond yields could cut banks' treasury income by 60% this quarter.
The Economic Times · 1m
Credit card spending drops 2.8% in August
Credit card spending fell 2.8% in August as new card additions slowed.
The Economic Times · 1m
NPCI Chief: 0.4% UPI MDR Could Recover Rs 15,000 Crore
NPCI chief says proposed 0.4% UPI merchant discount rate could recover Rs 15,000 crore in first year.
The Economic Times · 1m
RBI weighs Anup Bagchi for HDFC Bank CEO role
RBI seeks feedback on Anup Bagchi's banking experience gap before appointing him as HDFC Bank CEO
The Economic Times · 1m
Government may end UPI subsidies as MDR revenue grows
India's government could stop subsidizing low-value UPI transactions after banks earn revenue from larger payments.
The Economic Times · 1m