Four NBFCs surrendered their certificates of registration to the RBI, the central bank said in a release.
The increased rates have come to effect from October 10, 2022.
Completed M&A advisory fees fell 17.8 per cent year-on-year to USD 252.1 million, while loan syndication fees declined 6.2 per…
These losses may reduce their capacity to service the loans taken from the banking system and increase their probability of…
The company has launched its payment gateway services to provide a secure and PCI-compliant way to accept payments.
Housing loans, with a share of 49.0% within retail, grew 16.4% in August, compared with 11.6% in the year-ago period.
With the onset of the digital era, the evolution of embedded finance gradually transformed what we as consumers now see…
There are many sectors and new age economy sectors which are not part of the index but are showing strong…
The Swiss lender, contending with a near-record low share price, is facing an erosion of talent in Asia. Five private…
The RRBs have 283 million depositors and 26 million borrowers. About 30 of the 43 RRBs collectively earned a net…
A host of lenders such as State bank of India and Bank of India hiked lending rates following RBI’s move.
The announcement by the RBI mentioned the importance of the role of payment aggregators in establishing a healthy payment ecosystem.…
The RBI Governor-headed Monetary Policy Committee (MPC) is scheduled to start its three-day deliberations on Wednesday.
The minister also appreciated the critical role banks played during Covid pandemic in helping the wheels of the economy moving,…
A Bench led by Justice BR Gavai after a detailed hearing on the bank’s stand reserved its judgment on the…
These vacancies will be filled in the SBI’s Offices located in Ahmedabad, Bangalore, Bhopal, Bengal, Bhubaneswar, Chandigarh, Chennai, Delhi, Hyderabad,…
Shares of Federal Bank jumped nearly 7% to hit a 52-week high level of Rs 129.70 per share on the…
Tamilnad Mercantile Bank’s IPO opened for subscription today (5 September), at a price band of Rs 500-525 apiece. The public…