Banks make beeline for fundraise via infrastructure bonds

Public-sector banks, including Canara Bank and Bank of India, are tapping the infrastructure bond market. Illustration: Uttam Ghosh/Rediff.com Canara Bank on Tuesday raised Rs 10,000 crore at a......

Can the 'new' HDFC Bank reclaim its old glory?

For over a decade, HDFC Bank consistently outperformed industry growth rates in both deposits and advances, maintaining impeccable asset quality. IMAGE: Sashidhar Jagdishan, managing director and......

RBI unlikely to cut interest rate on June 7, say experts

Reserve Bank of India (RBI) is unlikely to cut the benchmark interest rate at its upcoming monetary policy review meeting, taking place soon after the announcement of the Lok Sabha election......

'Our unsecured loan portfolio is better than secured'

'Our unsecured loan is not exactly unsecured. It is backed by cash flow of customers.' Illustration: Dominic Xavier/Rediff.com IDFC First Bank is planning to grow the advances by 20 per cent and......