In 2018, RBI asked banks to use lockable cassettes in their ATMs, which shall be swapped at the time of…
As of June 30, Antfin held a 23.8% stake in the company. The deal will reportedly be brokered by Citigroup…
The data comes amid buzz that Reserve Bank of India (RBI) is uncomfortable with the spike in unsecured loans in…
“We have looked at companies in the remote monitoring space and new sectors. We do banking. If we can find…
The Bombay Stock Exchange said the scrip will be in trade-for-trade segment for 10 working days and will trade with…
In the circular, RBI issued various instructions to lenders on the basis of a review of practices for penal interest,…
RBI issued guidelines for small finance banks in November 2014, with an aim to provide financial assistance to the under-served…
The higher spends by private banks can be attributed to the 30-50% attrition rate to these banks, especially among front-end…
The CD ratio of state-owned banks rose 420 basis points year-on-year(y-o-y) to 69.8% as on March 31, the report showed.
Speaking at Finance Track seminar on Global Economy, the governor said, for this purpose, “a bigger and stronger IMF that…
Advances grew 20.2% in the previous fortnight ended July 14, taking into account the impact of the merger.
Monday’s move marks HDFC Bank’s second successive interest rate hike following the merger with Housing Development Finance Corp (HDFC).
The home loan company has opened 44 additional cluster offices in order to decentralise various tasks and improve turnaround time…
While most public sector banks give out the recovery amount from written-off, private sector peers do not give these numbers,…
There are no plans to invest in any other banks.
Net interest income, the difference between interest earned and interest expended, rose 39% Y-o-Y to Rs 2,209 crore due to…
Velonie attributed this to the fact that NBFCs have focussed on bolstering liquidity, capital and provisioning buffers to reinforce their…
The news report also said the RBI is reviewing whether stakes that the banking group holds in the insurance units…
