Fintechs demand rollback of Budget proposal to do away with the fee paid by merchants for accepting digital payments
Punjab National Bank (PNB) posted a net profit of Rs 1,019 crore in Q1FY20 against a loss of Rs 940…
Retail loans have for long been perceived to be safe, but recent data sets released by companies and the Reserve…
For bidders to be eligible, their consolidated net worth as per the latest audited financial statement should be at least…
Easier lending norms for NBFCs, relaxed risk weights for most consumer loans some of key measures announced
State Bank of India (SBI), which moved to slash marginal cost of funds-based lending rates (MCLRs) by 15 bps across…
In July 2018, SBICaps had sought bids for the appointment of consultants who would validate the costs associated with the…
Increase comes amid higher drawdowns and conversion of commercial papers.
State Bank of India (SBI) on Monday cut interest rates on bulk and retail term deposits, signalling it could soon…
In its India Digital Payments Report for the first quarter of 2019, Worldline said the number of POS terminals actually…
In its rating rationale, Icra said the liquidity profile of the company, along with its subsidiaries, continues to remain stretched…
In FY18, PSBs had written off loans worth Rs 1.28 lakh crore. Had banks not written off loans worth close…
Even as they hailed the proposal to do away with merchant discount rate (MDR) for vendors with a turnover of…
It permitted banks to reckon with immediate effect the increase in FALLCR to the extent of incremental outstanding credit to…
These loans would have turned non-performing assets (NPAs) a long time ago had the Reserve Bank of India (RBI) not…
If you look at NBFCs, all of them cannot be put into one category. There are some which are doing…
The growth in banks’ retail loan portfolios has been on a downward trend since November 2018, data from the Reserve…
The aggregate outstanding dues are worth close to Rs 1,500 crore.
