Driven by higher use of digital banking; PSBs open more branches than private peers
While the internet giant has managed to access the mobile-savvy customer thanks to tie-ups with HDFC Bank, ICICI Bank and…
Reliance Payments Solutions (RPSL) on Thursday sought permission from its JioMoney customers to transfer their prepaid payment instruments (PPIs), or…
Loans other than microfinance now account for 10% of Suryoday Small Finance Bank’s portfolio, managing director and chief executive officer…
Naspers-backed PayU India has sought a non-banking finance company (NBFC) licence from the Reserve Bank of India (RBI) to enter…
State Bank of India (SBI) on Friday put on sale loans worth `1,935.62 crore to 24 different entities. It has…
MDR is the fee merchants pay to banks that provide infrastructure to accept digital payments.
State Bank of India (SBI) will go in for full-fledged deployment of blockchain in its reconciliation, remittances and trade finance…
While Google’s Tez app has already played a big role in catapulting digital payments, a big boost will come from…
Budget 2018:The targets for construction of houses under the Pradhan Mantri Awas Yojana (PMAY) for 2018-19 were also outlined. Under…
Budget 2018: The idea is to deepen the corporate bond market and nudge companies to diversify their sources of funding.…
Money is becoming costlier. On Tuesday, two large private banks priced a Rs 7,000-crore one-year certificate of deposit (CD) issue…
Money is becoming costlier. On Tuesday, two large private banks priced a Rs 7,000-crore one-year certificate of deposit (CD) issue…
Seven PSBs had a double-digit gross NPA ratio as a share of their education loan portfolio as on March 31,…
Allahabad Bank has put on sale its loans to 55 different entities worth Rs 901.07 crore. It has sought bids…
As the Insolvency and Bankruptcy Code (IBC) takes its course, the insolvency infrastructure will have to keep being ramped up,…
An SDR allows banks to convert debt at a price below the current market value and can now own 51%…
The parts that have de-grown are either the portfolios we had bought as some assignment portfolio, which was run down…
