Young Indians' Endless Struggle

Being driven to abandon Indian middle-class values, asks Ajit Balakrishnan. Illustration: Dominic Xavier/Rediff.com I find myself squirming with mental disquiet when I hear headlines like 'Imagine......

HDFC Bank Q3 profit edges up 2.3% on slower loan growth

HDFC Bank on Wednesday reported a 2.3 per cent year-on-year rise in its consolidated net profit to Rs 17,657 crore for the October-December quarter, restricted by slower loan growth. Photograph:......

Three things that could curb bank credit growth this year

The RBI's increase in risk weights on bank lending to non-banking financial companies and on unsecured loans has pruned credit growth in these segments. Illustration: Uttam Ghosh/Rediff.com Bank......

Asset quality risk, a worry for IndusInd

A Rs 525-crore contingency provision during the July-September period led to a 19 per cent fall in IndusInd Bank’s share price on Friday (October 25). Photograph: Anushree Fadnavis/Reuters......

AIFs gain currency as fundraise tops Rs 5 trn

Alternative investment funds (AIFs) have crossed Rs 5 trillion in terms of funds raised, while the investment commitments have surpassed Rs 12 trillion for the first time as of September, according......