Money raised by corporates through bonds and commercial paper so far in 2017 added up to at least Rs 2.33…
Public sector banks saw their PPoP rise nearly 35% y-o-y during the January-March quarter, ahead of the 3% growth clocked…
Value of transactions via Unified Payments Interface in May grew faster than those by mobile wallets
The value of transactions made through the Unified Payments Interface (UPI) channel during much of May grew faster than those…
ICICI Bank on Friday said it had under-reported gross non-performing assets (NPAs) in FY16 to the tune of Rs5,104.61 crore.
We are doing Rs2.5 crore worth of disbursements a month now- Rajat Gandhi
The government’s Bhim-AadhaAr initiative, rolled out on April 14, is off to a slow start with very few transactions taking…
‘About 15-20% of the daily volume in UPI is coming from the merchant side. IRCTC (Indian Railway Catering and Tourism…
The net profit of 21 state-owned banks was less than that of small private lender Karur Vysya Bank and accounted…
Nineteen state-owned banks that have so far declared their March quarter results set aside Rs 1.14 as provision against every…
The value of transactions made via IMPS shot up nearly 154% and the PPI category, the other big gainer, was…
Aggregate operating profit of 11 lenders stand at Rs 23,152.92 crore, while provisions added up to Rs 8,100.22 crore
Women borrowing more than Rs 30 lakh will need to pay an interest rate of 8.5% while others will cough…
The value of transactions made through mobile wallets and other prepaid payment instruments (PPIs) overtook those made via the Unified…
Following the Prime Minister’s personal push to subvert the associations of being angootha chhap by enabling financial empowerment through Aadhaar,…
When CreditVidya started four years back, we started helping lenders in underwriting new-to-credit borrowers, using traditional data initially.
With over 7 lakh merchants already on-boarded by 27 banks—each of the 96,000 branches of PSU banks had a target…
The Reserve Bank of India has not responded to banks’ requests to allow them to move some of their securities…
Despite recent cuts, the lowest base rate — HDFC Bank’s 9% — is equivalent to the highest MCLR
