Retail loans now account for a fourth of all loans, an all-time high.
The Unique Identification Authority of India (UIDAI) has effectively shut out several fintech players from carrying out Aadhaar-based eKYC through…
The Central Bureau of Investigation (CBI) is probing 292 cases of scams and frauds involving 44 banks, according to a…
Home loan rates are likely to rise, Ashwini Kumar Hooda, deputy managing director, Indiabulls Housing Finance points out that delinquencies…
Punjab National Bank (PNB), the country’s second-largest public sector bank, has said it has not been collating data on recoveries…
Contrary to most financial firms, microfinance institutions (MFIs) have seen their borrowing costs drop in the last three quarters as…
Signalling a decisive reversal in the rate cycle, interest rates on fresh loans have stabilised in recent months. This is…
In its initial years, PMJDY had come in for criticism on the grounds that while it led to the opening…
Though a potent one, the combine is not going to be easy to change mindsets of smaller vendors; transaction volumes,…
HDFC Bank, ICICI Bank and Axis Bank earned more than all 21 PSBs together between FY15 and FY17
UPI and demonetisation have been drivers in customer behaviour, says executive director of Axis Bank
Notwithstanding the entry of MNC players in the payments space, a bank like Axis Bank that powers the system will…
With the department of post or India Post planning to equip postmen with point of sale (PoS) machines, you may…
In what might point to a larger share for Bharat Payments Interface (BHIM) app in Unified Payments Interface (UPI) transactions…
While financial institutions (FIs) in India have come together to work on blockchain, full-scale deployment of the technology will have…
Fears of a sharp decline in wallet usage are coming true, with a near halving of transactions through mobile wallets…
State Bank of India on Wednesday put on sale non-performing assets (NPAs) worth Rs 989 crore of 15 different entities…
In what could mark its maiden foray into the rewards and cashbacks game, the National Payments Corporation of India (NPCI)…
Mid-sized public sector bank Central Bank of India has sought bids for a 3.11% stake in JM Financial Asset Reconstruction…
