
“SBI initiated open offer e-auction towards sale of fund based exposure of KSK Mahanadi Power Co. Ltd on 100 per…
Although private banks have been making some inroads in rural areas, their progress remains slow. For example, PSBs’ share in…
The profitability of the NBFC sector improved in Q3FY22 compared to the corresponding quarter in FY21 as the economy shook…
Among other things, the paper asks if credit card MDR and interchange should be regulated by the central bank.
PNB increased the interest rate on fixed deposits maturing in one year by 20 bps, from 5.30% to 5.50%, while…
The government has already announced its intention to privatise two banks.
The discussion paper said there is good reason for the RBI to regulate MDR on credit card transactions, which are…
The Beams fintech fund invests in growth stage companies primarily dabbling in the fintech space while the 9 Unicorns accelerator…
The microcredit portfolio of banks rose 9.23 per cent to Rs 1,04,762 crore.
The government’s ceding of ownership and control of public sector banks (PSBs) could have significant implications for their credit profile,…
April-June quarter earnings of the banking sector failed to meet expectations pinned by analysts.
SBI has raised its marginal cost of lending rate (MCLR) on loans by 20 basis points or 0.2 per cent.
Kotak Mahindra Bank has nuanced its position on project finance and is now participating in a few deals, whole time…
Public sector lender Punjab and Sindh Bank also raised its MCLR in the range of 5-10 bps across tenures.
While the Centre is keen to conclude the transaction during the current financial year, it may spill over to next…
SBI chairman Dinesh Khara told FE last week that the bank’s operational support subsidiary, currently in the process of being…
The branch launched by SBI Chairman Dinesh Khara is located in Koramangala, which alongside neighbouring HSR Layout and Indiranagar are…
Digital financial services firm Paytm on Tuesday said it partnered with Samsung stores across India to facilitate smart payments as…