Page 83 of Banking

RBI proposes banks to design own credit loss models

The banks will have to make provisions for delays made by borrowers in their repayments under the proposed framework, in…

January 17, 2023 03:30 IST

Reimagining fintech : Banking-as-a-service, embedded finance can unlock new value chains

At a macro level, the banking and financial services industry are in the midst of a technology-led transformation phase.

January 17, 2023 03:10 IST

Federal Bank’s profit jumps 54% as advances rise

January 17, 2023 01:25 IST

bank of maharashtra, quarter results, Net Interest Income, Q3, third quarter

Bank of Maharashtra Q3 profit more than doubles to Rs 775 crore

The Pune-based bank had posted a net profit of Rs 325 crore in the same quarter a year ago.

January 16, 2023 19:32 IST

Axis Bank tops Re-bond league table for the 16th year in a row

Total issuances in the year rose to Rs 4,83,770 crore, from Rs 4,17,055 crore in 2021, he added.

January 16, 2023 16:08 IST

Bank credit growth lowest in 5 months

Banks’ deposits grew by 8.4% in the fortnight ended December 30, the data shows, with total deposit base at Rs177…

January 14, 2023 01:00 IST

No more capital infusion in PSBs; banks seek tax sops

IBA moots tax slab parity with FPIs for NRI investment in G-sec

January 13, 2023 02:00 IST

In tech push, HDFC Bank building its own platform: CIO

In 2020, the Reserve Bank of India had sought an explanation for frequent technical glitches.

January 13, 2023 01:40 IST

Alibaba sells nearly half of its direct stake in Paytm at Rs 535.9 per share

Alibaba group firm Ant Financial has not diluted its stake in Paytm and continues to hold 25 per cent of…

January 12, 2023 17:52 IST

UPI, payment option, rupee, Phone Pe, National Payments Corporation of India, NPCI, RBI, Google Pay

The rise and rise of the UPI

The show has to go on but NPCI has to make serious efforts to guard against concentration risks and ensure…

January 10, 2023 14:37 IST

‘Expect loan demand to gradually normalise’

The gap between loans and deposits has been accentuated by a surge in credit demand from both individuals and businesses,…

January 10, 2023 00:50 IST

UPI, Singapore’s PayNow integration soon: official at G20 meet

National Payment Corporation of India (NPCI) MD & CEO Dilip Asbe said India is ready to offer UPI technologies and…

January 9, 2023 22:02 IST

Banks raise record Rs 91,500 crore in debt capital in FY23 so far: Report

Both public and private banks issued infrastructure bonds, public banks had a higher preference for tier-I bonds while private banks…

January 9, 2023 19:01 IST

Banking sector complaints

State-owned banks account for half of the customer complaints as registered at Offices of the RBI Ombudsman during FY22.

January 9, 2023 04:45 IST

Multiple EoIs for IDBI Bank: Government

On October 7 last year, the Centre invited EoIs for IDBI Bank and offered to sell a total of 60.72%…

January 8, 2023 05:30 IST

Bandhan Bank’s deposits rise 21% y-o-y, loans up 14%

On the other hand, low-cost current account savings account (CASA) deposits fell 3% y-o-y and 8% q-o-q.

January 8, 2023 03:25 IST

Govt gets multiple preliminary bids for buying 61 pc stake in IDBI Bank

The transaction will now move to the second stage in which the potential bidders will conduct due diligence before putting…

January 7, 2023 18:44 IST

Banks put on hold Vi’s call on fresh borrowings

Bankers said promoters had talked about raising Rs 25,000 crore but so far have been able to put in only…

January 7, 2023 06:15 IST

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Retailers get ready for bumper sales this festive season

Business4 hr ago

E-commerce sales during festive season to hit Rs 1.15 lakh crore, up 20-25% from last year. Quick commerce up 150%, value commerce up 30-35%. Festive sales may contribute 40% of annual turnover for retailers in consumer electronics and jewellery. E-commerce platforms offering discounts and strengthening supply chains. Offline retailers also optimistic.

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