Page 87 of Banking

RBI pauses onboarding of online merchants by Paytm Payments Services; firm says no material impact on business

The company had re-submitted the required documents in September 2021.

November 26, 2022 11:23 IST

BFSI, banking, Financial Services companies, NBFCs, insurance, mutual fund portfolios, ETF

Taking the B out of BFSI to make it an easy play

One of the factors contributing to the Indian stock market’s outperformance relative to its global peers has been the strength…

November 24, 2022 22:47 IST

Axis Bank, Flipkart tie up to launch super elite credit card

Flipkart Plus customers earn a total of 16 SuperCoins for every Rs 100 spent and they can earn a maximum…

November 24, 2022 06:00 IST

Credit Suisse expects Q4 pre tax loss of up to $1.58 billion

The investment bank has been impacted by the substantial industry-wide slowdown in capital markets.

November 23, 2022 13:01 IST

Data Drive: Rocky ride for NBFCs

The asset quality might not improve notably this financial year because of the restructured loan book in the NBFC-CV portfolio.

November 23, 2022 04:30 IST

NBFCs need refinance window to avoid liquidity risk

There is a need to allow refinancing window to non-banking finance companies (NBFC) in order to parry liquidity crunch, which…

November 23, 2022 03:15 IST

Co-lending pacts to help allay risks: KPMG

It released the report in the backdrop of a CII conference.

November 23, 2022 03:00 IST

Equitas SFB aiming at 25-30% credit growth in next 2 quarters

The bank is also focusing on growing SME loans and has started merchant overdraft to target retailers and merchants, which…

November 22, 2022 00:45 IST

banking, India, fintech, technology, RBI, digital divide, financial inclusion

RBI promoting financial inclusion through fintechs in India

Since the outbreak of the 2008 Global Financial Crisis (GFC), the induction of financial technology in the country has helped…

November 21, 2022 20:53 IST

Banks increase EBLRs by 190 bps in tandem with RBI’s repo rate hike

From October 1, 2019, all banks have to lend only at an interest rate linked to an external benchmark, such…

November 20, 2022 15:24 IST

Banks to function normally on November 19, as AIBEA calls off strike

Banks are opened on November 19, the third Saturday of the month.

November 19, 2022 11:33 IST

Das tells bankers to stay watchful and proactive

Other issues such as lagging growth in deposits compared to credit growth, asset quality, investments in technology, adoption of new-age…

November 17, 2022 05:05 IST

RBI Governor asks bankers to be watchful of evolving macroeconomic situation

Besides MD and CEOs of public sector banks and certain private sector banks, the meeting was also attended by Deputy…

November 16, 2022 23:01 IST

SBI hikes MCLR by 10-15 bps on some tenures

The lender has increased the MCLR by 85 bps since June.

November 16, 2022 01:45 IST

Market share gap between large and mid-sized banks to grow

While mid-sized lenders like YES Bank had begun to gain market share at a rapid pace, they came under the…

November 15, 2022 01:20 IST

Suryoday Small Finance Bank aims at net interest margin of 9-10% in FY23: CEO

Suryoday Small Finance Bank’s gross advances rose 20.3% YoY to Rs 5,378 crore as on September 30.

November 14, 2022 06:00 IST

Bank of Maharashtra tops list of PSU lenders in credit growth in Q2

SBI’s total loans were about 17 times higher at Rs 25,47,390 crore as compared to Rs 1,48,216 crore of BoM…

November 13, 2022 12:57 IST

Bank of Baroda lowers home loan rates by 25 basis points to 8.25 pc

The new rates will also be applicable for those seeking balance transfers and the special rate is linked to the…

November 11, 2022 22:04 IST

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