Chanda Kochhar and Deepak Kochhar were arrested on Friday by the investigative agency in Delhi and produced before a special…
Increased focus on hiring IT professionals to bring in operational efficiencies and protect critical data
While the effects of monetary policy actions taken so far will bring inflation below 7% levels and contain it in…
Rajiv Anand, deputy managing director, Axis Bank, tells Shashank Didmishe and Joydeep Ghosh that going forward, there will be capex demand from the 5G…
Although the personal loan and services segments continue to lead growth in loans, credit to the industry has also touched…
SBI, from May to November, had raised deposit rates by 80 bps in the one-two year bracket. With this increase,…
The non-banking finance company (NBFC) sector is witnessing a sharp growth in consumption-led unsecured lending such as travel and durables.
The RBI has estimated CPI inflation of 5% in Q1FY24 and 5.4% in Q2FY24.
YS Chakravarti, MD & CEO, Shriram Finance, tells Shashank Didmishe that they plan to tie up with fintech firms soon…
Top three make up for 96% of monthly UPI volumes
RIL, HDFC Bank move up in employer ranking, L&T falls
The RBI is soon expected to give its go-ahead to the second set of banks to start the next phase…
ICICI Bank had started increasing its branches in the rural and semi-urban locations even before the pandemic, as the lender…
These three banks together account for 57% of the credit cards in the system.
The bank is also focusing on growing SME loans and has started merchant overdraft to target retailers and merchants, which…
It has also started new verticals such as lending to micro enterprises and property loans.
Repossession, which is used as last resort for recovery, is needed as such errant borrowers put the entire credit system…
The bank is also undergoing a technological upgrade that is expected to be completed by June 2023. Through the upgrade,…
