
Public shareholders will be allotted 67 equity shares of ICICI Bank for every 100 equity shares of I-Sec
His comments come on the heels of the company raising Rs 200 crore in long-term debt funding from growth-stage debt…
In the bi-annual Financial Stability Report (FSR) released on Wednesday, the central bank said the GNPAs are expected to improve…
Around a dozen of officials visited the bank’s office in the morning and started inspection of the documents.
The list of CoC includes a total of 25 financial creditors.
It has appointed director (finance) and chief financial officer Mahendra Lodha as interim managing director and chief executive officer.
She said that we still have a long way to go in educating people on insurance and the benefits that…
Janakiraman, currently the managing director of State Bank of India, will succeed Mahesh Kumar Jain, whose tenure ends on June…
Hitachi Payment Services, backed by Japanese conglomerate Hitachi, is a partner in a joint venture with State Bank of India…
The new-to-credit segment comprised 16% of loan origination volume in December 2022, compared with 22% in December 2020.
NPCI is also working with the Reserve Bank of India (RBI) and the National Highways Authority of India (NHAI) to…
Equitas Small Finance Bank reported a net profit of Rs 190.03 crore for the quarter ending March 31, 2023.
The domestic rating agency analysed annual results of lenders for FY23. It found that the peak of restructured assets in…
The default minimum threshold over which surplus funds earn a fixed deposit interest rate is Rs 25,000 for savings account,…
“We can expect the RBI to increase risk weights on unsecured personal loans and credit cards and, or, float a…
The company will enter into co-branding arrangements with banks for co-branded credit and prepaid cards.
The total value of loans disbursed rose 129% y-o-y to Rs 92,848 crore as on March 31.
The policies would also put in place a graded framework for the examination of staff accountability in such cases with…