Nido Home Finance launches up to Rs 150 crore secured NCD The company will issue debentures worth up to Rs 75 crore. It comes with a greenshoe option of up to… By FE BureauAugust 30, 2023 05:35 IST
Shriram Housing partners with IFC for affordable green lending IFC will provide training and capacity building for the housing finance company’s teams on the principles and applications of the… By FE BureauAugust 30, 2023 03:50 IST
Deposit growth to improve in FY24: CareEdge Ratings Deposits rose at 13.5% y-o-y for the fortnight ended August 11, latest data showed. It rose 0.4% on a sequential… By FE BureauAugust 30, 2023 03:20 IST
India, New Zealand discuss introduction of UPI The issue was taken up at the meeting between commerce and industry minister Piyush Goyal and New Zealand minister of… By Mukesh JagotaAugust 30, 2023 01:30 IST
Religare Finvest approaches RBI for removal from PCA list Religare Finvest underwent management change after former promoters allegedly engaged in financial misappropriation of funds. By Piyush ShuklaAugust 30, 2023 00:45 IST
Stiff FLDG rules: BNPL players tighten underwriting standards “Now that the capping has come in, the risk appetite has reduced significantly because it is only one in 20… By Ajay RamanathanAugust 30, 2023 00:30 IST
Bandhan Bank to disburse civil pension The bank will soon be integrating with the office of CPAO to operationalise the disbursement process, it said in a… By PTIAugust 29, 2023 17:31 IST
PSU banks focus on expanding start-up branch network SBI, BoB, Bank of India and Indian Bank actively opening startup branches By Piyush ShuklaAugust 29, 2023 01:30 IST
Extension proposal only for select MDs and CEOs at PSBs That’s the reason, the government would likely give an extension to current SBI chairman Dinesh Khara later this month till… By Prasanta SahuAugust 28, 2023 02:30 IST
Gap funding needed: Kotak Mahindra Bank CEO Uday Kotak “We have no choice but to go beyond capital that expects returns. Capital that is ready to take losses; this… By Rohit VaidUpdated: August 27, 2023 12:34 IST
SBI chief Dinesh Khara likely to get extension as govt mulls relaxing retirement age of PSB heads, MDs Veteran banker Khara took over as the chairman of SBI in October 2020 for three years. By PTIAugust 26, 2023 21:08 IST
RBI asks NBFCs to strengthen governance standards In a meeting with managing directors and chief executive officers of upper layer non-bank lenders, the apex bank discussed risks… By Ajay RamanathanAugust 26, 2023 03:45 IST
Infra issues make implementation of lockable cassette difficult In 2018, RBI asked banks to use lockable cassettes in their ATMs, which shall be swapped at the time of… By Ajay RamanathanAugust 26, 2023 00:05 IST
SBI launches Aadhaar-based enrolment for social security schemes SBI Chairman Dinesh Khara unveiled the new feature — which will be available at the bank’s Customer Service Points (CSPs)… By PTIAugust 25, 2023 20:58 IST
No stress in credit card business: HDFC Bank’s Parag Rao The data comes amid buzz that Reserve Bank of India (RBI) is uncomfortable with the spike in unsecured loans in… By Ajay RamanathanAugust 25, 2023 05:00 IST
Indian banks’ dividend to rise to at least 7-year high in FY24 – S&P report India’s brisk economic activity will likely “sustain high credit growth,” resulting in “excellent” earnings forecasts for banks,” Tusharika Aggarwal, a… By ReutersAugust 24, 2023 17:09 IST
Suryoday in no hurry to apply for a banking license Babu said Suryoday SFB currently has excess PSL on its book in each loan segment and thus faces no challenges… By Piyush ShuklaAugust 24, 2023 01:00 IST
IIFL Home Finance to focus on growth in smaller cities: CEO Ratra says these fresh funds would be used to grow the HFC’s affordable home loan portfolio. By Piyush ShuklaAugust 23, 2023 01:15 IST
