India’s credit rating agency ICRA has reported that the gross non-performing assets (NPAs) of banks might worsen significantly by the end of this financial year. …
Indian government in talks to privatise some state-run banks
India’s finance ministry has reportedly begun the process of privatising one or more public sector banks (PSUs) in an attempt to make them stronger, ET …
India’s BankBazaar raises fresh funds to build new personal finance products
Indian financial marketplace BankBazaar has raked in INR450m ($5.96m) in Series D1 equity funding round to boost the delivery of its contactless personal finance products. …
Covid-19: Barclays to return nearly 700 employees to offices from July
Barclays is planning to return nearly 700 of its employees to the UK, US and India offices starting from July, who were working from home …
India may postpone IDBI Bank stake sale due to Covid-19 uncertainty
The Government of India is expected to delay the divestment of its residual stake in IDBI Bank until March 2021 due to low valuations amid …