Latest Updates Around The World
Mumbai: State-run Power Finance Corp (PFC), which scrapped bond sales to select investors late last year, is raising up to ₹5,000 crore of government debt through a more economical bond issue that will run for two weeks from January 16. This sovereign debt issue, comprising an initial offer of ₹500 crore, extendable by up to […]
Satyanarayana Raju, Managing Director and CEO, Canara Bank Canara Bank is focused on quality growth and profitability as it continues its strategic shift into the retail, agriculture and MSME (RAM) segments. Satyanarayana Raju, managing director and CEO of Canara Bank, said the public sector lender will resist the ongoing ‘rate war’ in corporate lending, and […]
Satyanarayana Raju, Managing Director and CEO, Canara Bank Canara Bank is focused on quality growth and profitability as it continues its strategic shift into the retail, agriculture and MSME (RAM) segments. Satyanarayana Raju, managing director and CEO of Canara Bank, said the public sector lender will resist the ongoing ‘rate war’ in corporate lending, and […]
Private sector lender YES Bank will continue to grow its deposits faster than lending, MD & CEO Prashant Kumar said in an interaction. He discusses credit demand post the GST rate cuts, asset quality, prospects for acquisition financing and succession plans. Edited excerpts: Deposits continued to grow faster than assets in the second quarter. Will […]
Axis Bank’s corporate loans grew 20 percent year-on-year to ₹3.49 lakh crore in the second quarter, up sharply from 8-9 percent growth in the last two quarters. In a trend reversal from the past year, major banks have reported robust growth in their corporate loan portfolios during the second quarter of 2026, senior bankers say. […]
