Proposed digital lending norms may aid penetration in BNPL lending Banks, NBFCs and fintech companies are developing BNPL products aimed at those who do not have a credit history or… 3 years agoJune 22, 2022
Industry seeks clarity on RBI norm barring loading of wallets with credit lines It is not clear if the guideline is meant to prevent lending by PPI issuers, which is anyway illegal, or… 3 years agoJune 21, 2022
Finmin asks PSBs to support growth with adequate credit to industry Non-food bank credit grew 11.3% on year in April, compared with 9.7% in the previous month and 4.7% a year… 3 years agoJune 20, 2022
FE Modern BFSI Summit: Industry leaders discuss vision 2030, digital transformation & more RBI Governor Shaktikanta Das inaugurated the summit; CEA V Anantha Nageswaran delivered the keynote address. SBI chairman Dinesh Kumar Khara,… 3 years agoJune 20, 2022
Sitharaman to meet heads of PSBs on June 20, may urge them for credit growth Besides, sources said, the review of capital requirements of banks and the financial inclusion drive would be reviewed during the… 3 years agoJune 19, 2022
FE Modern BFSI Summit 2022: RBI not in favour of banks floating digital-only arms RBI Governor Shaktikanta Das says the model carries some risks 3 years agoJune 18, 2022
Digital transformation aiding SFB’s customer acquisition, employee retention in cost effective manner Digital transformation in the banking space is not only helpful in customer acquisition in a cost-effective manner, but is also… 3 years agoJune 17, 2022
Emerging trends in Financial Services & FinTech: Artificial Intelligence, Machine Learning to define future Two major trends Artificial intelligence and Machine learning are going to define the future of fintechs, said Soumya Rajan, Founder… 3 years agoJune 17, 2022
AI, ML to play huge role in fraud detection, compliance for banks At present, the treatment given by the banking sector to frauds is reactive such that any action taken to provide… 3 years agoJune 17, 2022
Industry must upskill to keep up with developments in tech: Bankers State Bank of India (SBI) chairman Dinesh Khara said that the country’s largest lender is always in the process of… 3 years agoJune 20, 2022
Big Techs in financial services pose risks to competition, data protection: Das The regulator is, therefore, working to evolve an appropriate approach to regulating fintechs, which could be activity-based, entity-based, outcome-based or… 3 years agoJune 17, 2022
Financial sector must grow at 16-18% for India to become $10 trillion economy by 2030, says Ajay Piramal While RBI guv said that credit growth has risen to 12% in the last 3 or 4 months, it is… 3 years agoJune 17, 2022
FE Modern BFSI Summit 2022: Banks stronger now, to aid balance sheet expansions again, says CEA Nageswaran Referring to the so-called “twin balance sheet problem” that started in the early years of the new millennium, he said… 3 years agoJune 17, 2022
Provisioning by banks: RBI considering expected credit loss income method, says RBI deputy governor M Rajeshwar Rao Currently, banks are required to make loan loss provisions under the incurred loss model, where the provision is made after… 3 years agoJune 16, 2022
Data Drive: BNPL to bankable? BNPL players account for a low share within the new-to-credit customer base, and delinquency rates are high. 3 years agoJune 17, 2022
R Subramaniakumar, MD & CEO, RBL Bank: The Transformationist Soon enough, the Reserve Bank of India (RBI) picked him to clean up another troubled financial institution, Dewan Housing Financial… 3 years agoJune 16, 2022
Banks, financial institutions should proactively undertake stress testing of loan books: RBI DG Rao Rao said Covid-19 saw the sector enjoying favourable momentum with an increase in liquidity, flow of credit and normal spending… 3 years agoJune 16, 2022
Canara Bank, HSBC see growth potential in life insurance JV With the core business of Canara Bank remaining strong, the lender would like to fetch higher valuations for the JV.… 3 years agoJuly 9, 2022
