The spurt in demand has encouraged even large private banks to take a share of the pie.
SBI grew its share in the network of point of sale (POS) terminals to over 15% from 13% in March…
The bank’s promoter-chief executive Uday Kotak took the opportunity to introduce investors to the new co-head of its digital 811…
A post-pandemic revival in air travel and hospitality were seen to have been driving credit card spends as well as…
SBI is comfortably placed in terms of growth capital for the current year, Khara said.
Banks, NBFCs go for fresh round of rate hikes
Analysts who attended the conference continue to have questions on HDFC Bank’s ability to raise incremental liabilities.
ICICI Bank, too, has enhanced its focus on the small business segment. In April, the private lender launched a digital…
The first such linkage between UPI and another country’s fast payments system was the link with Singapore’s PayNow, activated in…
Lenders active in the segment believe the demand is arising out of an improvement in consumption trends with the pandemic…
The review of the supervisory architecture will follow a year of regulatory revamp for NBFCs.
According to analysts who attended the investor call, KMB added nearly four million customers through 811 in FY22, taking the…
The name of the complainant is Jaskaran Chawla, who is an advocate at the Delhi high court.
The total credit card base stood at 73.6 million, up 18.7% year on year (YoY).
Despite rising slippages, analysts are taking heart from the fact that recoveries by banks have been improving
We have a $69-billion balance sheet and a major part of the book is term loans and trade finance. The…
Dipti Chitale, senior vice president – risk management consulting at Mecklai Financial Services, said that the RBI may have intervened…
India has been affected by that as also on the fertiliser imports front. Payment transactions with non-sanctioned Russian entities have…
