Page 48 of banking sector

Credit Credit, credit card shopping, shopping credit, how to get credit card, lifestyle

Active credit cards number rises 20% in November

The RBI had issued directions to banks to deactivate credit cards which were inactive for 365 days. Banks have started…

December 27, 2022 01:45 IST

Your queries: Loans – Bank will vet used car’s value before approving the loan

After checking the proof of your margin money paid to the seller, the loan is disbursed directly into the bank…

December 26, 2022 00:30 IST

bank, banking sector, bank IT professionals, bank IT workforce,

Banks’ tech play gets stronger

Increased focus on hiring IT professionals to bring in operational efficiencies and protect critical data

December 23, 2022 01:15 IST

cooperative societies, Cooperation Minister Amit Shah, multi-state cooperative banks, Primary Agricultural Credit Societies

71 multi-state cooperative societies under liquidation till December 15: Amit Shah

Out of 71 multi-cooperative societies that are under liquidation, 15 of them are located in Rajasthan, followed by 13 in…

December 21, 2022 17:07 IST

Fugitive economic offenders defaulted on Rs 37,186-crore loan repayment: Finance Ministry

To crack down on such defaulters, the government had brought in a law in 2018 to attach assets of fugitive…

December 21, 2022 00:15 IST

Nifty, bank nifty, stocks to buy, stock market

F&O series: Nifty may trade range-bound, Bank Nifty in ‘buy-on-dips’ zone; banks, FMCG sector outlook positive

Bank Nifty in ‘buy-on-dips’ zone. Banks, and FMCG sectors look positive. However IT, Metals and Pharma might witness pressure.

December 20, 2022 11:52 IST

Banks, Banks in India, Banking news, defaulters, wilful defaulters, NPA, Mehul Choksi, RBI, Reserve Bank of India

Top 50 wilful defaulters owe banks Rs 92,570 crore

Gitanjali Gems, set up by now-fugitive businessman Mehul Choksi, has emerged as the biggest such defaulter.

December 20, 2022 03:40 IST

Govt to take a view on PSB privatisation after consultations with ministries, regulator

The government would minimise number of state-run firms in strategic sectors, including banking while fully exiting from non-strategic sectors.

December 20, 2022 03:10 IST

HDFC raises prime lending rate by 35 bps

The latest increase in home loan rates comes after the Reserve Bank of India (RBI) increased the repo rate by…

December 20, 2022 02:00 IST

Nifty headed to 21200, Bank Nifty may top 52000 in year 2023; Banking, Tech shares may drive rally

Nifty may head towards 21200 and Bank Nifty may top 52000 in 2023. Banking and technology sectors are likely to…

December 19, 2022 15:07 IST

Banks wrote off Rs 10 lakh crore loans in last 5 years, but all is not lost, FM Sitharaman tells Parliament

According to Reserve Bank of India (RBI) data, public sector banks have recovered Rs 4,80,111 crore, including Rs 1,03,045 crore…

Updated: December 19, 2022 14:36 IST

Reserve Bank of India, rbi lending norms, NPA, non-performing assets, loans for agriculture,

Lenders want only NPAs to be covered: Banks to seek easier provisioning norms

To free up capital, give lending a boost

December 19, 2022 05:45 IST

banks in India, npa, non-food credit growth, Indian banking system

A buffer against banking stress Premium Story

It is advisable for banks to build a counter-cyclical commodity price buffer during upswings in commodity prices which can be…

Updated: December 19, 2022 09:06 IST

metaverse bank, Future of banking, banking sector, virtual bank,

Future of banking: A metaverse bank, on your browser soon

Easiofy is building virtual banks manned by multilingual avatars

Updated: December 20, 2022 17:05 IST

Kotak Bank, banking sector, banking industry

Kotak Bank may further hike FD rate

Kotak Mahindra Bank may evaluate a further hike in its fixed deposit (FD) rate if prevailing market conditions are conducive,…

December 17, 2022 09:31 IST

rbi, razorpay, razorpay PA license, cashfree,

RBI asks Razorpay to pause onboarding merchants

According to one of the sources, Razorpay will likely submit a report to the RBI early next week and once…

December 17, 2022 06:30 IST

NBFCs, NBFCs asset quality, banking sector,

NBFCs’ asset quality to improve further: Bankers

Going ahead, the impact of higher interest rates on the asset quality of these lenders will be a key monitorable,…

December 17, 2022 05:15 IST

Bank credit, banking sector, non-food credit, bank loan growth

Bank credit rises 17.9%; deposits up 9.8%

Although the personal loan and services segments continue to lead growth in loans, credit to the industry has also touched…

December 17, 2022 04:00 IST

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Who are Michael and Susan Dell? Billionaires who donated $6 billion into ‘Trump Accounts’

World News23 min ago

The Dells have donated $6.25 billion to the Trump Accounts, a federal program providing $1,000 investment accounts to American babies. The initiative, part of the One Big Beautiful Bill Act, aims to reach 80% of eligible children in 75% of US ZIP codes. The money can be used for education, retirement, or starting a business after turning 18.

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