ICICI Lombard posts surprise profit drop on surge in claims, accounting change
ICICI-LOMBARD-India’s ICICI Lombard posts surprise profit drop on surge in claims, accounting change
Read MoreICICI-LOMBARD-India’s ICICI Lombard posts surprise profit drop on surge in claims, accounting change
Read MoreIndusInd Bank disclosed a Rs 1979 crore loss in its derivative portfolio due to account discrepancies, as revealed in a PWC report. The bank anticipates a 2.27% negative impact on its net worth by December 2024.
Read MoreAccording to an ETIG analysis, 28 out of 31 listed banks were traded at lower trailing price-book (P/B) multiples compared with the year-ago valuations. Of the remaining three banks, HDFC Bank’s current P/B at 2.8 is higher than the year-ago…
Read MoreDraft regulations aimed at tightening lending practices, but could discourage financial innovation, say experts.
Read MoreAlthough credit trends in segments like unsecured personal loan and credit card are plateauing because a large pool of stressed loans are recognised, microfinance exposures are likely to continue experiencing stress, analysts and fund managers said.
Read MoreAccounting for February data, total ECB registrations stood at $50.1 billion in the April-February period of FY25. Asia’s oldest steelmaker raised $750 million through ECBs maturing in 6 years for overseas investment in JVs and wholly-owned subsidiaries, the RBI data…
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