Loans to NBFCs now constitute 10.5% of overall non-food credit outstanding.
While Chatterjee did not share broader valuation details of the fundraise, as per an MUFG Bank release, it has invested…
JFSL has appointed banking sector veteran KV Kamath to be the non-executive chairman of the company, while McLaren Strategic Venture’s…
Starting in 2015, the Big-5 groups started acquiring larger share within the sectors where they were present.
Sharp hike in interest rate over last one year
Ramakrishnan was appointed as the chief of South Indian Bank in October 2020 and his term was due to end…
The gross stage-3 ratio or GNPAs will likely reduce to below 5% in the next few quarters, the MD said.
This was the first big issue of AT-1 bonds by a large bank in India after the crisis at Credit…
The Centre’s move to remove long-term tax benefits from debt mutual funds will take away the tax advantage such instruments…
Punjab National Bank (PNB) is expected to raise Rs 2,000 crore worth of AT-1 bonds on Friday at coupon of…
Iyer was appointed as Can Fin Homes chief on March 18 for a period of three years, which could be…
RuPay Credit Cards to be linked with UPI soon
Anand Rathi Global Finance chief says no direct lending exposure to Adani Group
The RBI had directed PSOs to implement an ODR system for disputes and grievances related to failed transactions in their…
Das also said that the worst of inflation is behind us and that the rupee exhibited the least volatility among…
Of total assets, Rs 1,900 crore are in form of cash and bank balance, Rs 900 crore in cash credits,…
Upasana Taku, co-founder and COO at MobiKwik, said the success of such a model would depend on defining the scope…
As retail inflation, measured by the consumer price index (CPI), softened to 6.44% in February from 6.52% in January, some…
