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Will continue with loan rate reset on quarterly basis: LIC Housing Finance While LIC Housing Finance will continue resetting interest rates on a quarterly basis for all borrowers, the management can take… August 5, 2022 02:30 IST
Five fraud accounts included: Indian Bank puts Rs 1,013-crore NPAs on sale All the accounts are being offered on a full-cash basis. By Shritama BoseAugust 5, 2022 02:20 IST
Moody’s upgrades Yes Bank rating, changes outlook to ‘stable’ on capital raise plan It has also changed the outlook on Yes Bank’s ratings to ‘stable’ from ‘positive’ and also adjusted the Baseline Credit… By PTIAugust 4, 2022 18:16 IST
HDFC Bank says no need to pay off parent firm’s liabilities on day one of merger The country’s largest private sector bank by balance sheet size is set to merge its parent mortgage lender Housing Development… By PTIAugust 4, 2022 15:31 IST
AU SFB launches QIP with floor price of Rs 590.84 The SFB may offer a discount of not more than 5% on the floor price calculated for the issue, it… By FE BureauAugust 4, 2022 08:44 IST
Expect SBI to stay invested in Yes Bank beyond March 2023: Yes Bank MD & CEO Prashant Kumar State Bank of India (SBI) will remain invested in the private lender even after the share lock-in ends in March,… By Shritama BoseAugust 4, 2022 05:10 IST
South Indian Bank aims to sustain double-digit growth in FY23: MD & CEO The bank started by corporate lending by taking part in their short term products and has now graduated towards term… Updated: August 4, 2022 17:50 IST
Paytm Q1 results preview: Revenue may double in April-June quarter, firm on path to EBITDA profitability Paytm (One 97 Communications) is expected to report that its revenue doubled year-on-year in the April-June quarter, when the fintech… By Kshitij BhargavaUpdated: August 3, 2022 14:33 IST
Data and analytics top priority for lenders for next 1-3 years: Report The firm conducted survey of 164 senior risk decision-makers from banking, fintech, and non-banking lending organisations in India, Indonesia and… By FE BureauAugust 3, 2022 08:05 IST
Our provisions for bad debt will fall in the coming quarters: Mahindra Finance MD Ramesh Iyer Q1FY23 has been relatively benign in terms of asset quality performance for Mahindra Finance and credit costs could trend down… By Shritama BoseAugust 3, 2022 04:00 IST
Payment banks rely on micro cash management services to boost profits E-commerce retailers offering COD as a payment option to their shoppers and non-bank lenders, especially those in the microfinance segment,… By Shritama BoseAugust 3, 2022 02:00 IST
Chola eyes 20-25% growth in disbursements in FY23 The aggregate disbursements of Chola in Q1 FY23 were at Rs 13,329 crore as against Rs 3,635 crore in Q1… By Sajan C KumarAugust 3, 2022 01:20 IST
RBI’s FI-index improves in 2022 across all parameters The quality parameter includes aspects such as financial literacy, consumer protection, and inequalities and deficiencies in services. By FE BureauAugust 3, 2022 00:20 IST
Bank of India Q1 profit falls 22% to Rs 561 crore The bank’s capital adequacy ratio stood at 15.61% as of June 30 against 15.07% the year ago with tier-I capital… By FE BureauAugust 3, 2022 00:10 IST
Is Modi govt planning to introduce Bill on banks’ privatisation in Monsoon Session? Minister replies As per list of business for monsoon session 2022 of the Parliament, no such bill has been listed for introduction,… By PTIUpdated: August 2, 2022 21:08 IST
Yes Bank to convene shareholders’ meet on August 24; to seek nod for Rs 8,900 crore fund raise plan Yes Bank, country’s sixth largest private sector bank based on total assets size, said it is witnessing a significant momentum… By PTIAugust 2, 2022 19:50 IST
UPI transactions bounce back in July after slight dip The RBI is already working with the Monetary Authority of Singapore towards linking UPI with PayNow. August 2, 2022 18:35 IST
Kotak arm to raise Rs 1,500 cr to invest in PE, VC funds It will invest across PE/VC funds in multiple sectors, including consumer, technology, healthcare and financials, and the money invested by… By PTIAugust 2, 2022 17:10 IST
‘He’s playing games with the US’: Ukraine’s Zelenskyy rules out talks with Putin amid war with Russia
BPSC 71st admit card 2025: Hall tickets to be released today – Here’s how to download at bpsc.bihar.gov.in
‘No restriction by govt,’ says BCCI Secy on row over Ind-Pak Asia Cup match; ‘Won’t play bilateral with hostile countries’
