Officials at NARCL are still in the process of carrying out due diligence of the assets that have been identified…
Payments players are also looking forward to the Reserve Bank of India’s (RBI) working group recommendations on transaction charges which,…
As on March 29, the value of UPI transactions for the year added up to Rs 83.45 trillion, which works…
Axis Bank’s management has said that the transaction with Citi incorporates appropriate clawback arrangements. The bank has factored in a…
The deal was earlier understood to be worth around $2 billion, but the final value could be lower, sources close…
Economists that FE spoke to see the inflation forecast of 4.5% for FY23 being raised by anywhere in the range…
While the evolving geopolitical scenario has highlighted the importance of having a diversified base of reserve currencies, India is unlikely…
While at least one organisation questioned the wisdom of licensing NUEs in the absence of a policy for licensing of…
The bank now prefers global auctions of bad loans over Swiss challenges as they maximise recoveries, he added.
According to analysts from financial sector, the ongoing conflict between Russia and Ukraine may rekindle issues related to the supply…
Individual products will be launched. As and when we believe the marketplace is ready for the right kind of product,…
In a circular dated March 16, NPCI told UPI member banks that UPI Lite shall be launched as a pilot…
HDFC Bank will refurbish its PayZapp app and launch it as a complete payments app called PayZapp 2.0 on the…
The lenders also warned members of the public against opening any account for Future Retail, except on account of applicable…
Another extension of the timeline by a few months is likely
Industry says new norms to safeguard interests of borrowers, deepen micro credit reach.
Bankrupt auto component manufacturer Amtek Auto allegedly diverted bank loans to several related parties between 2015 and 2017, sources told…
New customer additions in January 2022 stood at 13 lakh, down from 13.7 lakh in December 2021, even as the…
