Mumbai: Japan’s Sumitomo Mitsui Banking Corp. (SMBC) will acquire a 20% stake inYes Bank for ₹13,482…
Tag: Indian banking sector
ICICI Bank reports margin contraction in Q3, net interest margins drop to 4.43%
ICICI Bank witnessed a contraction in its margins during the third quarter, aligning with analysts’ expectations.…
RBI’s Financial Stability Report hides the sorry state of Indian banking
The latest RBI Financial Stability Report, released on Wednesday, paints a picture of a relatively sound…
Scam faultline hurting Indian banking
More steps are needed to prevent frauds including tightening of internal and external audit systems of…