Page 66 of Banking

Bajaj Housing Finance offers home loans at 8.45% per year

The festive offer will enable prospective customers to benefit from equated monthly installments starting from Rs 729 per lakh.

September 14, 2023 03:33 IST

We now operate like a tech company: Milind Nagnur, group president & CTO, Kotak Mahindra Bank

In the realm of modern-day banking, customer experience is nothing but technology experience, says Milind Nagnur, group president & CTO,…

September 14, 2023 02:50 IST

Banks-Fintech relationship: From competition to collaboration

Fintechs captured material market share in payment gateways, small ticket personal loans, pay later or BNPL market

Updated: September 14, 2023 20:00 IST

IOB embraces digital medium to offer online allotment of locker facility

The safe deposit locker facility is accessible at the bank’s online portal to customers who seek to avail of the…

September 12, 2023 16:24 IST

Yono 2.0 can onboard 75-100 fintechs: SBI MD

‘We also keep telling fintechs that the priority of information security is critical for us.’

September 11, 2023 03:00 IST

MDBs to enhance lending capacity by $200 bn over next decade

“While these are encouraging first steps, we will need to give an additional push for continued and further impetus on…

September 10, 2023 05:15 IST

Restoring RBI’s independence: A seminal work on Indian economy and how financial stability can be maintained

The RBI also publicly acknowledged that its open market operations (OMOs) were primarily geared to manage the government bond yields.

September 10, 2023 01:00 IST

ICICI Bank-I-Sec merger faces opposition minority shareholders

Norges Bank Investment Management’s Government Pension Fund Global holds 3.13 percent stake in ICICI Securities.

September 8, 2023 02:00 IST

REC raises USD 1.15 billion in August from 6 banks

The funds have been raised under REC’s Market Borrowing Programme of Rs 1.20 lakh crore for 2023-24.

September 6, 2023 16:45 IST

Solution for easier cross-border transactions lies outside correspondent banking system: RBI DG

The DG called for self-regulation on the part of Fintechs to build trust among consumers.

September 6, 2023 03:55 IST

Yono is evolving into a digital bank within the bank: Khara

Overall, 65% of SBI’s new accounts are being opened through the app. Further, more than 500,000 remittance transactions also take…

September 6, 2023 00:33 IST

RBI, Shaktikanta Das, central banks, Global Finance magazine, Central Banker Report Cards 2023, inflation, economic growth, currency stability, interest rate

RBI committed to bring down inflation to 4 pc; watchful of price risks: Governor Das

“The role of continued and timely supply side interventions as is being undertaken by the government assumes criticality in limiting…

September 5, 2023 18:28 IST

Paytm, One97 Communications, credit distribution business, higher ticket loans, banks, NBFC, lending partners, regulatory guidance, loans

Paytm disburses Rs 5,517 crore loans in August, deploys 87 lakh devices for offline payments

The number of merchants paying subscription for payment devices stood at 87 lakh as of August 2023, which is an…

September 5, 2023 11:40 IST

Mufin Green Finance MD, Mufin Green Finance, Pankaj Gupta, Pankaj Gupta news, banking latest news

Aiming Rs 750-850 crore loan book by FY24-end: Mufin Green Finance CEO

Mufin Green Finance is also aiming to get listed on the National Stock Exchange in the current fiscal.

Updated: September 2, 2023 19:17 IST

Fitch ratings, Fitch Indian banks, Fitch retains SBI, Fitch rating bbb-, banking news, banking financial express'

Fitch retains SBI, 5 other public sector banks’ rating at BBB- with stable outlook

The rater has also affirmed these banks’ viability rating at BB and its government support rating of BBB-.

August 31, 2023 16:53 IST

YES Bank goes live with UPI interoperability on CBDC

Retail digital rupee offers features of physical cash like trust, safety and settlement finality in digital mode.

Updated: August 30, 2023 22:40 IST

Deposit growth to improve in FY24: CareEdge Ratings

Deposits rose at 13.5% y-o-y for the fortnight ended August 11, latest data showed. It rose 0.4% on a sequential…

August 30, 2023 03:20 IST

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Kenyan, Japanese coaches bitten by dogs at JLN Stadium; people demand action

Trending News35 min ago

Two coaches attending the World Para Athletics Championships in New Delhi were bitten by stray dogs and have been treated for their injuries. Social media users are calling for action and stricter measures to control stray dogs near the stadium, with some suggesting relocation to shelter homes. The Organising Committee blames individuals who feed stray dogs, raising concerns about athlete safety.

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