IT midcaps witness BFSI-led growth as larger peers take a hit During a recent earnings call, Samir Dhir, CEO and MD, Sonata Software, said: “In the banking space, we are taking… 2 years agoNovember 22, 2023
Jio Financial Services in talks for maiden bond issue – bankers It has also been recommended to issue bonds not longer than five-year maturity, according to four bankers. 2 years agoNovember 21, 2023
Infosys partners with AWS to help cloud transformation of BFSI clients in EMEA As part of the collaboration, Infosys and AWS will together support financial organizations 2 years ago
Banks give weak response to RBI’s VRRR auctions He added that some larger banks have excess liquidity while there are some small and mid size banks which are… 2 years agoNovember 8, 2023
‘Target 1% net non-performing asset ratio by FY24-end’ Q&A: Ashwani Kumar, MD & CEO at UCO Bank 2 years agoNovember 6, 2023
PSU banks’ recoveries from write-offs improve Punjab National Bank Managing Director and Chief Executive Officer Atul Kumar Goel told FE in a recent interaction that the… 2 years agoNovember 6, 2023
Fino Payments Bank to approach RBI for SFB transition in next two months Will first focus on small ticket personal, merchant loans upon conversion to SFB 2 years agoNovember 3, 2023
Why did UCO Bank withdrawal circular on NPA borrowers SBI had also used the same approach to reach out to potential defaulters 2 years agoNovember 3, 2023
Retail loan originations rise 15% y-o-y on strong demand: Report These indicators include demand, supply, consumer behaviour, and performance. 2 years agoNovember 2, 2023
LIC Housing Finance expects Rs 500-cr recovery in H2 LIC Housing Finance expects its net interest margin (NIM) to moderate in the coming quarter. 2 years agoNovember 2, 2023
UPI transactions surpass 11 billion in Oct on strong festive spending On sequential basis, transactions rose 8% from 10.6 billion in September. In terms of value, it rose nearly 9% from… 2 years agoNovember 1, 2023
Akhil Handa quits days after BoB World fiasco “While the decision to move on was made a long time ago, I had to wait until my transition period… 2 years agoNovember 1, 2023
More than 97 pc of Rs 2,000 notes returned: RBI On May 19 this year, the RBI had announced the withdrawal of Rs 2,000 denomination banknotes from circulation. 2 years agoNovember 1, 2023
Plan to keep personal loan mix at 5%: Shriram Finance The money that has been raised will be drawn and utilised. 2 years agoOctober 31, 2023
‘Don’t see buildup of stress in cards, MFI segments’ Our underlying assets robust and they will continue to be so. It (policy change) is because of two factors –… 2 years agoOctober 31, 2023
NPAs in loan against property will reduce meaningfully: IDFC First Bank MD For us, moving to the 3% slab world in savings account is a big moment of arrival of our bank… 2 years agoOctober 30, 2023
We are not reluctant to sell bad loans to NARCL: Punjab National Bank MD If the opportunity arises, we will definitely engage asset reconstruction companies. But we will sell under the 100% cash sale… 2 years agoOctober 30, 2023
SBI Card plans to reduce GNPAs “While it will be difficult to give any numbers, we should not deteriorate from here. In case of delinquencies or… 2 years agoNovember 2, 2023
Securitisation volumes to remain strong at Rs 68,000 crore in Q3FY25, says ICRA; What’s driving volumes upwards?
