Page 63 of Banking

Awaiting proper guidelines on credit cards: Shriram Finance

In April 2022, the RBI said that NBFCs can only get into the credit card business with prior approval.

October 19, 2023 00:05 IST

Tata Communications, Tata Communications Q4 earnings, quarter results, profit, revenue, EBITDA, final dividend

Banks’ overnight borrowings soar as liquidity tightens

Banks borrowed Rs 3.2 trillion in the first week of October compared to Rs11,330 crore in the first week of…

October 18, 2023 03:20 IST

HDFC, HDFC bank, HDFC news, banking, financial express

Analysts bullish on HDFC Bank’s long term growth despite weak show in Q2

HDFC Bank had reported its first set of results on Monday after completing the long-awaited merger of erstwhile Housing Development…

October 18, 2023 02:20 IST

Airpay, airpay news, banking and finance, financial express

Airpay plans to foray into 12 more African countries

The company, which recently completed its 11th year of operations in India, currently has a presence in four African countries.

October 17, 2023 01:40 IST

MDBs should work to increase private financing by USD 500 billion by 2030: Expert group report

MDBs include the World Bank, Inter-American Development Bank, Asian Development Bank, the African Development Bank, and the European Bank for…

October 16, 2023 19:34 IST

IDBI Bank has deferred tax assets of Rs 11,520 cr, 120 properties in 7 cities

Deferred tax asset commonly refers to overpayment of tax by an entity. Such excess tax paid can be adjusted against…

October 15, 2023 15:56 IST

Danske Bank Indian assets cost Infosys less than $10 million

The Danske bank deal is valid for five years and can be renewed for one additional year for a maximum…

October 14, 2023 05:05 IST

banking, banking news, financial express news, MDBs, multilateral development banks, bank news

MDBs should route operations via country systems: Panel

Key Policy Recommendations for MDBs: Triple financing levels to $390 billion per year to achieve transformational changes.

October 14, 2023 02:20 IST

RBI, RBI news, banking, banking financial express, financial express

RBI penalises Union Bank, RBL Bank, Bajaj Finance over non-compliance

In a statement, the Reserve Bank of India (RBI) said Rs 1 crore penalty has been imposed on state-run Union…

October 13, 2023 19:56 IST

Best Bank Awards 2023 Live With Meity Rajeev Chandrasekhar & K V Kamath, Chairman NaBFID

Best Bank Awards 2023 Highlights With Meity Minister Rajeev Chandrasekhar & K V Kamath, Chairman NaBFID

Financial Express celebrates the best minds in the banking industry at FE India’s Best Bank Awards, with Shri Rajeev Chandrasekhar,…

October 13, 2023 11:09 IST

Bankers see 20-25% growth in retail loans during festive season

Banks have sweetened the deal for customers by announcing festive offers. Lenders are offering complete waiver of processing fees, reduced…

October 13, 2023 02:15 IST

RBI imposes Rs 5.39 crore penalty on Paytm Payments Bank

RBI in the statement said it found that Paytm Payments Bank failed to identify beneficial owner in respect of entities…

October 12, 2023 19:06 IST

‘H1 securitisation volumes rise 45%’

Vehicle loans and secured business loans comprised 70% of pass-through-certificate transactions in the September quarter.

October 12, 2023 04:30 IST

SBI borrowers to get special credits for green initiatives: Chairman

Estimates show that India requires an investment of around $600 million annually to achieve sustainable development goals.

October 10, 2023 03:50 IST

Govt to computerise 1,851 agri & rural development banks and state cooperative registrars

The central government has taken several steps to strengthen all the cooperative societies across the country.

October 8, 2023 17:22 IST

RBI, monetary policy, monetary tightening, MPC, interest rate, RBI Governor, kharif sowing, rural economy, commodity prices, capital spending, OMO sales, liquidity, festive season, capital inflows

RBI asks banks to monitor personal loans

In recent months, banks and non-bank lenders have ramped up disbursements in the unsecured retail loan segment in order to…

October 7, 2023 03:30 IST

87 pc of Rs 2,000 notes came as bank deposits; Rs 12,000 cr of currency yet to return: Das

Das said Rs 12,000 crore of the Rs 3.56 lakh crore worth of Rs 2,000 notes in circulation as on…

October 6, 2023 14:33 IST

Deadline extended for asset valuers to apply for IDBI Bank disinvestment

The department of investment and public asset management (DIPAM) has extended the application deadline to October 30 for firms interested…

October 6, 2023 03:30 IST

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Rivalries showcase best in sport, not churlishness

Sports2 hr ago

India-Pakistan cricket rivalry overshadowed by geopolitical tensions and political influence. India refuses Asia Cup trophy from Pakistan due to terror attacks and social media posts. In contrast, Ryder Cup maintains intense rivalry on golf course and discourages abusive behavior. Upcoming women’s World Cup game sparks debate on mixing politics and sports.

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