Page 25 of Banking, Financial Services and Insurance (BFSI)

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.

November 21, 2023 16:29 IST

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…

November 9, 2023 05:40 IST

‘Target 1% net non-performing asset ratio by FY24-end’

Q&A: Ashwani Kumar, MD & CEO at UCO Bank

November 7, 2023 03:00 IST

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…

November 7, 2023 02:00 IST

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

November 4, 2023 04:05 IST

Why did UCO Bank withdrawal circular on NPA borrowers

SBI had also used the same approach to reach out to potential defaulters

November 4, 2023 02:20 IST

Retail loan originations rise 15% y-o-y on strong demand: Report

These indicators include demand, supply, consumer behaviour, and performance.

November 3, 2023 04:15 IST

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.

November 3, 2023 02:40 IST

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…

November 2, 2023 05:30 IST

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…

November 2, 2023 00:50 IST

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.

November 1, 2023 18:47 IST

Plan to keep personal loan mix at 5%: Shriram Finance

The money that has been raised will be drawn and utilised.

November 1, 2023 03:00 IST

‘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 –…

November 1, 2023 00:45 IST

IDFC Limited, IFDC First Bank, merger, CCI, approval, banking sector, regulatory approval

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…

October 31, 2023 03:15 IST

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…

October 31, 2023 03:00 IST

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…

Updated: November 2, 2023 00:19 IST

Fincare SFB,AU small finance bank,AU SFB,Merger,AU merge with Fincare,AU and Fincare,bank,bank merger ,fincare small finance bank

Fincare’s acquisition to grow AU SFB’s micro loan book

Expansion of presence in South

October 31, 2023 00:30 IST

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Farm & processed food exports up 10% in April-August

Policy5 hr ago

India’s agricultural and processed food exports have grown by 10% this year, with rice, buffalo meat, fruits, and vegetables leading the surge. Despite US tariff concerns, rice exports are expected to rise as global buyers turn to India. The government has also lifted restrictions on rice shipments, boosting export prospects for all food products.

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