On Wednesday, SBI chairman Rajnish Kumar said if other banks cease to lend to infrastructure projects, it only means a…
MDR is a fee paid by merchants to banks for offering them infrastructure to accept digital payments.
The lender expects large-ticket slippages to be restricted to two-three accounts in the rest of FY20.
A full-fledged launch of WhatsApp Pay is expected to drive a fresh surge in UPI usage.
Banks have turned extremely cautious about lending to companies and that is clear from the growth in their wholesale portfolios.
He explained that NBFCs have anyway been looking to expand their sources of funding for a few years now and…
The resolution plan so reached can then be placed before the NCLT for approval, so that it can be implemented.…
On Wednesday, UBI managing director and CEO Rajkiran Rai G had told reporters the court-mandated moratorium on repayments was a…
The Insolvency and Bankruptcy Board of India (IBBI) had earlier moved the Supreme Court seeking criminal proceedings against Liberty House…
A supply crunch in real estate and slower execution of projects are responsible for the sector’s problems, Rashesh Shah, chairman…
NBFCs will have to shed assets over the next one year: Edelweiss Group chairman and CEO Rashesh Shah
This would be achieved through models like co-origination of loans, where banks would bring in much of the funds to…
At the end of June, IDBI Bank had a CRAR of 8.14% and a net NPA ratio of 8.02%. Its…
Emails sent to ADIC remained unanswered till the time of going to press, while Varde declined to comment. Altico is…
Bankers have long argued that it is not viable to price loans using external benchmarks unless deposits are also linked…
The guarantee scheme was one of the provisions prescribed in the Budget for 2019-20 to ease the flow of bank…
Public sector banks (PSBs) continue to make lateral hires in specialised positions as they pivot to an era of increased…
Homebuyers may end up repaying the entire interest component on their loans in the first year if they opt for…
Banks don’t make money in the acceptance business and taking away the sliver of cover they earn from MDR could…
