Page 91 of Banking

RBI launches pilot project to digitise KCC; aims at transforming rural credit delivery

Last month, the central bank tightened norms for ‘digital lending’ to prevent charging of exorbitant interest rates by certain entities…

September 2, 2022 20:31 IST

Tamilnad Mercantile Bank sets price band of up to Rs 525 for Rs 832-cr IPO

Axis Capital, Motilal Oswal, SBI Capital Markets are the lead managers to the issue.

August 31, 2022 03:54 IST

The Financial Express: India’s Best Bank Awards 2022

1:24:00August 30, 2022 14:18 IST

Tamilnad Mercantile Bank to launch Rs 830-cr IPO on September 5; check price band, lot size, bidding details

Tamilnad Mercantile Bank’s IPO will open for subscription on 5th September, at a price band of Rs 500-525 apiece.

August 30, 2022 12:12 IST

China announces 234 arrests in provincial banking scam

Bank authorities have said they will give some bank customers their deposits back, but many are still waiting to find…

August 29, 2022 20:33 IST

Banks, global investors may cap exposure to Adani firms: S&P

S&P rates a number of Adani Group entities in the utilities space, the renewables space and in project finance.

August 26, 2022 06:30 IST

FM Nirmala Sitharaman to be the chief guest at FE awards function today

EY was the knowledge partner for the exercise and put together the data and information for the jury.

Updated: September 2, 2022 18:44 IST

RBI lifts curbs on American Express

Card issuers place compliance report to RBI along with a board-approved system audit report (SAR) by an auditor.

August 25, 2022 06:30 IST

High interest rates do not deter home buyers, says BoB research report

In fiscal 2020-21, outstanding home loans by HFCs rose moderately to Rs 7.1 lakh crore as housing demand remained muted…

August 24, 2022 19:27 IST

Checking frauds, pushing big-ticket spending: Banks seek time-bound data sharing from CEIB

Lenders prepare 20-point format to seek information from the Central Economic Intelligence Bureau.

August 22, 2022 05:50 IST

Banking Charges: What are the charges banks can levy on you?

Before availing banking services, you must know about the charges as they are easily available on the respective bank’s website.

August 20, 2022 13:19 IST

Big bang privatisation of banks can be harmful: RBI article

The government has already announced its intention to privatise two banks.

August 18, 2022 20:13 IST

Banking sector earnings dragged by treasury hits, misses expectations; management retains positive outlook

April-June quarter earnings of the banking sector failed to meet expectations pinned by analysts.

August 17, 2022 17:22 IST

SIP, SIP news, Mutual Fund, Banking News, Jupiter, neobank, neobanking

Jupiter introduces no-penalty SIP investment feature

The feature is currently available only to existing mutual fund account holders.

August 11, 2022 03:05 IST

AU Small Finance Bank raises Rs 2,000cr via QIP issue

The lender said as many as seven participants in the QIP were offered more than 5 per cent each of…

August 9, 2022 21:50 IST

City Union Bank reports 30% rise in PAT

The bank earned a net interest income of Rs 525 crore, against Rs 447 crore, with a growth rate of…

August 9, 2022 01:10 IST

City Union Bank Q1 net rises 30 pc to Rs 225 cr

In value terms, the gross NPAs stood at Rs 1,904 crore, down from Rs 2,035 crore. Net NPAs or bad…

August 8, 2022 21:05 IST

Costlier loans may not hurt credit demand, say bankers

Rajiv Anand, deputy MD, Axis Bank, said credit demand was unlikely to be hurt, adding that demand was coming in…

August 6, 2022 06:15 IST

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Food influencing in times of Gaza

Life14 min ago

11-year-old Renad Atallah from Gaza has gained 1.6 million Instagram followers for her simple recipes and cooking videos. Despite the dangers in her community, her followers pray for her safety and send aid. Renad is also involved in rescue and aid efforts. Other young food influencers like Hossam and Hamada have also emerged from Gaza, using their platforms to help their community.

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