Hong Kong-headquartered BPEA EQT is acquiring HDFC Credila Financial Services Ltd, owned by Housing Development Finance Corporation Ltd (HDFC), for Rs 9,060 crore. This pegs HDFC Credila’s valuation at Rs…
Month: June 2023
RBI Supervision Not Meant To Be Intrusive Or Punitive: Jain
It is a false perception that the Reserve Bank of India (RBI) is intrusive and micromanages banks’ affairs. The supervisory intensity is meant to ensure…
Everything You Want To Know About IDBI Bank
It must be music to the ears of the government of India (GoI) and Life Insurance Corp. of India (LIC). IDBI Bank Ltd, in which…
Steller Show By Indian Banks, But Will It Continue?
An early June Business Standard report mentioned a sharp slowdown in India Inc’s earnings in FY23. The combined net profits of 823 non-BFSI (banking, financial services and…
Status Quo On Policy Rate, But Will RBI Change The Stance?
In May 2022, Reserve Bank of India (RBI) Governor Shaktikanta Das said in an interview that expectations of a rate hike in the next policy meeting were a no-brainer…