Banking & Finance RPs now need to inform creditors about dubious deals before resolution process Banking & Finance
Yes Bank to seek shareholder nod for Rs 8,900-cr fundraise today On July 29, the board of directors of Yes Bank had approved the fundraising exercise, along with a proposal to… By FE BureauAugust 24, 2022 01:50 IST
Bounce rate inches up to 22.22% in July The share of failed auto-debit transactions stood at 29.11% in volume terms in July, down 11 basis points (bps) as… By FE BureauAugust 24, 2022 00:15 IST
Banks’ AT-1 bond issuances may dip to Rs 20,000 crore The bond issuances are likely to lower compared to an all-time high of Rs42,800 crore in the previous year, which… By FE BureauAugust 23, 2022 07:37 IST
Striking a balance | Banker Of The Year 2019-20 – PADMAJA CHUNDURU, former MD & CEO, Indian Bank It was a simple plan: bring asset quality under control to preserve capital and grow the business to drive earnings… By Shobhana SubramanianUpdated: September 2, 2022 18:46 IST
Loan defaulters and those facing probe need NOC to invest abroad Finmin notifies new overseas investment rules. By FE BureauAugust 23, 2022 04:15 IST
Govt stand on UPI charges foregrounds tussle between banks & PSPs PCI seeks MDR compensation to be raised to Rs 8,000 crore By Shritama BoseAugust 23, 2022 03:00 IST
RBL Bank gets two new board members With the new appointments, the bank’s board now has 14 members. By FE BureauAugust 23, 2022 01:00 IST
Muthoot Finance eyes 10-12% loan growth by FY23-end The company is expecting the loan growth to stablise in Q2FY23, and in Q3 and Q4 it expects to reach… August 23, 2022 00:30 IST
RBI likely to slow down pace of rate hikes, may raise rates by 0.25 pc in Sept: Deutsche Bank In a report, the Germany-based bank said the RBI will respond with a slower pace of rate hikes from here,… By PTIAugust 22, 2022 21:47 IST
LIC Housing, Bajaj home loans to get costlier; housing financiers raise lending rates this much LIC Housing Finance and Bajaj Housing Finance on Monday announced a hike in lending rates for home loans by 0.5… By Tanya KrishnaAugust 22, 2022 19:06 IST
Banks’ AT-1 bond issuances likely to decline to Rs 20,000 crore in FY23 Majority of the bonds have a call option in the fifth year, resulting in the significant jump in new issuances… By PTIAugust 22, 2022 17:36 IST
Paytm CEO Vijay Shekhar Sharma gets massive salary approved for 3 years at AGM; check other HIGHLIGHTS Paytm boss Vijay Shekhar Sharma has secured the approval of shareholders to continue to act as the Managing Director (MD)… By Kshitij BhargavaAugust 22, 2022 10:18 IST
Shareholders reappoint Vijay Shekhar Sharma as Paytm MD According to an update by the company on Saturday, all the seven resolutions mooted by the company were passed. The… By FE BureauAugust 22, 2022 06:10 IST
Checking frauds, pushing big-ticket spending: Banks seek time-bound data sharing from CEIB Lenders prepare 20-point format to seek information from the Central Economic Intelligence Bureau. By Banikinkar PattanayakAugust 22, 2022 05:50 IST
Move part of renewed ‘customer-first’ approach: PSB branches get monthly target for doorstep banking However, banks have purportedly remained lax in extending the doorstep banking programme, prompting both the Indian Banks’ Association (IBA) and… By Banikinkar PattanayakAugust 22, 2022 02:00 IST
Paytm shareholders approve re-appointment of Vijay Shekhar Sharma Institutional Investor Advisory Services (IiAS) had recommended against the remuneration of both Sharma and Deora. By PTIAugust 21, 2022 17:16 IST
Central Bank of India likely to exit RBI PCA framework soon As per the revised guidelines, capital, asset quality and leverage are the key areas for monitoring in the revised framework. By PTIAugust 21, 2022 15:23 IST
RBI’s digital lending norms and data privacy concerns The new regulations are founded on the idea that only organisations that are either governed by the central bank or… August 20, 2022 12:10 IST
