Paytm Payments Bank deadline ends on March 15! What happens to FASTag, UPI, other services- Here is list and how NPCI nod helps customers
InCred posts 55% YoY growth in loan book to reach Rs 8000 cr in Dec’23; business loan AUM up 80% YoY in FY24
LIVE 2 years agoMarch 15, 2024Paytm Payments Bank crisis LIVE: What will work after PPBL’s March 15 closure – know here
Punjab National Bank announces appointment of Ashok Chandra as MD & CEO as Binod Kumar moves to Indian Bank
Banks increase EBLRs by 190 bps in tandem with RBI’s repo rate hike From October 1, 2019, all banks have to lend only at an interest rate linked to an external benchmark, such… By PTINovember 20, 2022 15:24 IST
Punjab & Sind Bank expects Rs 1,100 crore profit in FY’23 amid bad loans resolution During the previous two years (2020-21 and 2021-22), the government infused Rs 5,500 crore and Rs 4,600 crore in Punjab… By PTINovember 20, 2022 11:45 IST
Future of money? Slow but steady, India appears to be moving towards a digital currency In the words of the Reserve Bank of India (RBI), “CBDC is the legal tender issued by a central bank… By Shubhangi ShahUpdated: November 22, 2022 11:41 IST
ABG Shipyard fraud case: CBI files charge sheet against ex-chairman Rishi Agarwal, others In its charge sheet filed before the special CBI court here, the agency has named as accused Agarwal and five… By PTINovember 19, 2022 18:05 IST
Govt extends tenure of PSB MDs to 10 years The move will help the government retain talents, who rise through the ranks relatively quickly at state-run banks. It will… By FE BureauNovember 19, 2022 06:15 IST
Ugro Capital aims at Rs 1600 cr disbursals each quarter: MD It has also started new verticals such as lending to micro enterprises and property loans. By Shashank DidmisheNovember 19, 2022 04:45 IST
Bank loan growth posts slight decline in Nov 4 fortnight “If you compare with pre-Covid-19 period, the deposit growth is higher on a cumulative basis. Just because deposit growth was… By Ajay RamanathanNovember 19, 2022 02:15 IST
Government raises maximum tenure of PSU banks’ CEO to 10 years As per a government notification dated November 17, 2022, the term for the appointment has been extended to 10 years,… By PTIUpdated: November 18, 2022 12:52 IST
Prodding staff for settlement, not repossession: M&M Financial’s Iyer Repossession, which is used as last resort for recovery, is needed as such errant borrowers put the entire credit system… By Shashank DidmisheNovember 18, 2022 02:45 IST
Banks’ union to go ahead with strike today Bank of Baroda and Punjab & Sind Bank have said that the normal functioning of their branches might get affected… By FE BureauNovember 18, 2022 02:30 IST
Operations in some public sector banks likely to be hit on Saturday as union members to go on strike If the strike materialises, a certain section of the Bank’s employees may participate in strike on the said date, in… By PTIUpdated: November 17, 2022 16:01 IST
Kotak bank raises MCLR by 10 bps The shorter duration MCLR is in the range of 7.80-8.40% while two- and three-year MCLRs are at 8.85% and 9.05%,… By FE BureauNovember 17, 2022 06:05 IST
SoftBank to sell Paytm shares worth $215 million SoftBank will hold a stake of 12.9% or 84 million shares in the company. As of September 30, it held… By FE BureauNovember 17, 2022 05:30 IST
Das tells bankers to stay watchful and proactive Other issues such as lagging growth in deposits compared to credit growth, asset quality, investments in technology, adoption of new-age… By FE BureauNovember 17, 2022 05:05 IST
RRBs may get to adopt reforms agenda meant for larger banks “There has to be a beginning. RRB modernisation is the need of the hour,” said a senior banker. By Banikinkar PattanayakNovember 17, 2022 03:30 IST
Personal data breach: Most point fingers at financial institutions People believe a weak internal and external governance at the financial institutions is the main cause of data breach. By FE BureauNovember 17, 2022 03:00 IST
Five Star Business Finance to stick to secured lending segment “We do not envisage any product change or product diversification as of now. I am a strong believer that as… By Ajay RamanathanNovember 17, 2022 00:15 IST
RBI Governor asks bankers to be watchful of evolving macroeconomic situation Besides MD and CEOs of public sector banks and certain private sector banks, the meeting was also attended by Deputy… By PTINovember 16, 2022 23:01 IST
Telegram CEO says French govt sought removal of Moldovan channels ahead of polls: ‘In exchange for this cooperation…’
