Page 43 of banking sector

Lender’s go-to tool: AI bot turns into collection agent for NBFCs, banks

Rezo’s AI-driven product is helping reduce loan defaults.

March 9, 2023 03:30 IST

SaaS products being abused to scam bank customers

About two weeks ago, Kotak Mahindra AMC MD Nilesh Shah posted a tweet tagging HDFC Bank, asking it to act…

March 9, 2023 02:45 IST

MFI loan recovery likely to improve, say experts

While the micro-finance segment faces various challenges, bankers are confident that the segment will side-step these challenges due to the…

March 9, 2023 02:15 IST

Loans to industry flat as MSME credit loses steam

A large number of MSME loans are linked to the external benchmark like the repo.

March 9, 2023 02:00 IST

Keen on new-to-credit segment, says Vastu Housing Finance MD

Multiples Alternate Asset Management-backed Vastu Housing Finance is keen on expanding its new-to-credit customer base given the sizeable opportunity to…

Updated: March 9, 2023 14:22 IST

BANKING AS A SERVICE: Helping banks remain digitally relevant

Falcon’s BaaS platform enables non-fintechs to become fintechs in a day

March 7, 2023 02:15 IST

Banks’ GNPAs decline 26% in December

Gross non-performing assets (GNPAs) of Indian banks fell by a whopping 26%, or Rs 2.14 trillion, to Rs 6.04 trillion…

March 4, 2023 00:05 IST

Axis Citi buy will lead to one-time loss in Q4: Analysts

However, core operations seen intact, breakeven is expected in Q3FY25

March 3, 2023 02:15 IST

FE Fintech Summit 2023, FE Fintech Summit 2023 latest news, fintech industry, Siddharth Parekh

India stack and lending reforms enablers in the evolving fintech story: Siddharth Parekh

Parekh began by describing these as exciting times for fintech businesses as well as investors.

Updated: March 2, 2023 19:25 IST

SBI may look to cut Yes Bank stake once lock-in ends: Sources

SBI, India’s largest bank, does not want to permanently retain a stake in Yes Bank and would want to trim…

Updated: March 2, 2023 15:26 IST

Axis Bank completes Citi’s retail biz buy for Rs 11,603 cr

Attrition in consumer business leads to lower payout

March 2, 2023 02:00 IST

Banking stocks see Rs 2.55-trn wipeout this year

Market analysts say the sector witnessed a stellar rally in CY22, being among the top performers (yielding close to 19%).

March 2, 2023 00:05 IST

Citibank India finally shutters consumer banking window in India, hands over keys to Axis; here’s why it quit

CEO Jane Fraser said that the group lacks the scale to compete with the domestic lenders in India, even though…

March 1, 2023 12:43 IST

SBI leads in credit card issuances in Jan

The total credit cards outstanding of all banks put together stood at 82.5 million, higher by 1.6% compared to the…

March 1, 2023 05:15 IST

HDFC, PNB hike lending rates

HDFC has increased its retail prime lending rate by 25 basis points to a minimum of 9.20%.

March 1, 2023 04:00 IST

Housing, auto drive personal loan growth in January: RBI data

The growth in the personal loans segment was 12.8 per cent in January 2022.

February 28, 2023 20:05 IST

Banks’ non-food credit grows 16.5%

The current trend shows that the growth in both deposit and credit in FY23 is set to significantly surpass previous…

February 25, 2023 03:10 IST

Lenders turn cautious on new borrowers

With the onset of COVID-19, lenders have been utilising alternate data sources and customer’s digital footprints to make lending choices,…

February 25, 2023 02:15 IST

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Markram & co.’s heroics trumps Kohli’s valiant effort as South Africa pulls off a heist!

Sports2 hr ago

South Africa made history by chasing down a huge target of 359 runs in Raipur. Despite India’s strong batting, their bowlers failed to take advantage of the pitch, leading to the Proteas’ victory. The game saw many records being broken, with Virat Kohli surpassing Sachin Tendulkar and Rahul Dravid to become the player with the most 50+ scores against South Africa.

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