Banking & Finance ‘Strong earnings partly justify mid-cap’s rich valuations,’ says Manpreet Singh Gill Banking & Finance
Bharti Airtel, Bajaj Finance enter into strategic partnership to create digital platforms for financial services
What will change in Paytm app after March 15: Wallets, FasTag, card machines, UPI, and other questions answered
Strong bank loan growth in FY23 despite higher interest rates: Fitch Ratings “We see bank credit expanding by around 13 per cent in FY23, up from 11.5 per cent in FY22. The… By PTIUpdated: November 28, 2022 14:36 IST
Regulatory forbearance offered to IDBI Bank buyer Public float tag for post-sale govt stake; No curbs on restructuring of arms By FE BureauNovember 28, 2022 05:00 IST
IDBI Bank to continue as ‘Indian private sector bank’ post strategic sale; govt’s 15 pc residual stake to be considered public holding “Suitable arrangements regarding the continuity of this Rupee Payment mechanism will be considered at the RFP stage,” it added. By PTINovember 27, 2022 17:09 IST
Bank holidays in December 2022: Banks closed for almost 12 days in various states, cities in Dec; Check list It is to be noted that although the banks remain closed on the aforementioned days, the online services, including the… By Lalit KumarNovember 27, 2022 08:33 IST
RBI asks Paytm Payments Services to re-apply for payment aggregator licence RBI has also asked Paytm Payments Services to not onboard new online merchants, the release said. By FE BureauNovember 27, 2022 06:20 IST
Credit card numbers pick up once again in October These three banks together account for 57% of the credit cards in the system. By Shashank DidmisheNovember 27, 2022 05:55 IST
RBI pauses onboarding of online merchants by Paytm Payments Services; firm says no material impact on business The company had re-submitted the required documents in September 2021. By PTINovember 26, 2022 11:23 IST
HDFC-HDFC Bank merger completion likely in 8-10 months The bank will take approval from the RBI and the Insurance Regulatory and Development Authority of India (Irdai) for the… By FE BureauNovember 26, 2022 05:45 IST
Banks in a sweet spot to deal with sustained credit growth “In the past few years, bad loans that came from the corporate sector had ballooned. However, with the Insolvency and… By Ajay RamanathanNovember 26, 2022 01:00 IST
Axis Bank, Flipkart tie up to launch super elite credit card Flipkart Plus customers earn a total of 16 SuperCoins for every Rs 100 spent and they can earn a maximum… By FE BureauNovember 24, 2022 06:00 IST
Banking system better placed to sustain loan growth: SBI chairman Dinesh Khara “So, I think, all this put together …the banking system is much better placed and the growth is sustainable too,”… By FE BureauNovember 24, 2022 02:00 IST
Post merger, Shriram Financial to be holding company of group’s financial services business As announced earlier, SCL and Shriram City Union Finance will soon be merging with Shriram Transport Finance. By FE BureauNovember 24, 2022 00:15 IST
India’s SBI aims to keep net bad loan ratio under 1% The lender’s net non-performing asset (NPA) ratio fell to 0.8% in the June-September quarter. By ReutersNovember 23, 2022 21:47 IST
NBFCs need refinance window to avoid liquidity risk There is a need to allow refinancing window to non-banking finance companies (NBFC) in order to parry liquidity crunch, which… By FE BureauNovember 23, 2022 03:15 IST
Co-lending pacts to help allay risks: KPMG It released the report in the backdrop of a CII conference. By FE BureauNovember 23, 2022 03:00 IST
Equitas SFB aiming at 25-30% credit growth in next 2 quarters The bank is also focusing on growing SME loans and has started merchant overdraft to target retailers and merchants, which… By Shashank DidmisheNovember 22, 2022 00:45 IST
Deepak Parekh wants finance institutions to do a credit bureau encore on climate risks/green loans Admitting that there is a severe lack of quality data on the emission risks/climate risks, Parekh, who is also the… By PTIUpdated: November 21, 2022 15:57 IST
NPCI in talks with RBI on volume cap deadline At the moment, NPCI is evaluating all the possibilities and no final decision has been taken to extend the December… By PTINovember 20, 2022 18:31 IST
Indian techie gives up on Google dream after eight rejections, says, ‘I have tried everything possible’
Who was Rajeev Pratap? Uttarakhand Journalist’s wife says ‘he was abducted, did not just fall off the road’
Tata Capital IPO size trimmed, price band at discount Vs unlisted shares: 8 key details ahead of Oct 6 launch
