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We’ve to wait for one or two quarters to see if signs of green shoots are sustained: RBI governor The central bank is awaiting the report of a forensic audit into Punjab & Maharashtra Co-operative (PMC) Bank and will… By GuestDecember 24, 2019 01:59 IST
Repo rate-market rate of interest link diluted impact of RBI policy While the flow has been reported to be lower than requirement, the cost of credit has been on the rise. By Sushim BanerjeeDecember 24, 2019 00:47 IST
RBI caps lending on P2P platforms at Rs 50 lakh To protect consumers interest, RBI on Monday said that on a peer-to-peer lending (P2P) platform the permissible exposure of a… By PTIDecember 23, 2019 22:12 IST
Credit Suisse confirms second spying case But Switzerland’s number two bank maintained that just one senior leader, who has since been forced out, was entirely to… By AFPDecember 23, 2019 17:24 IST
SoftBank’s $3 billion WeWork financing talks stall with Japan banks, say sources The Japanese technology conglomerate is now likely to enter the new year without the WeWork financing in place, the people… By ReutersDecember 23, 2019 16:11 IST
Bharti AXA life insurance earns 20% growth in renewal premium income The company recruited 7,167 agents in the half year ended September 30, 2019, to take advisor count to 41,722, up… By PTIDecember 23, 2019 15:34 IST
Defaulting for three months, Altico Capital India’s lenders call for rescuing bids Altico started defaulting on its interest repayments in September, and its lenders are keen for it to get an equity… By BloombergDecember 23, 2019 15:01 IST
Banking: Failure on rate transmission could hit NIMs Private banks to face greater pressure; cyclical tailwinds will be more pronounced for corporate banks. By EdelweissUpdated: December 23, 2019 02:50 IST
IBA mulls bringing framework to address consortium lending issues To address these issues, there are two things which are happening, one is at the IBA level and another by… By PTIDecember 22, 2019 18:57 IST
No need to declare religion for opening bank accounts, says govt The clarification comes after a news report suggested that Indian banks may ask depositors and customers to list their religion. By PTIDecember 21, 2019 21:17 IST
Banks cannot go beyond a threshold to cut deposit rates as India lacks social security net: SBI chairman In 2013, the repo rate was around 10 per cent, the SBI Chairman said adding that since 2013, Reserve Bank’s… By PTIDecember 21, 2019 19:09 IST
Banking industry’s NPA situation to improve by fiscal-end: SBI chairman On the transmission of monetary policy, he said the banks cannot lower rates beyond a threshold due to asset-liability mismatch… By PTIDecember 21, 2019 14:40 IST
RBI guidelines for resolution of loans below Rs 1,500 crore unlikely this financial year The banking regulator has already announced the prudential framework for resolution of stressed assets for loans above Rs 2,000 crore… By GuestUpdated: December 21, 2019 03:17 IST
FM Sitharaman’s loud and clear message to PSU banks: Give more loans, pass on rate cut benefits Finance Minister Nirmala Sitharaman on Wednesday said that the banks must pass on rate cut benefits and increase the disbursal… By FE News DeskUpdated: December 20, 2019 14:23 IST
PM Modi to banks: Don’t worry, right decisions taken by officials would not be questioned Prime Minister Narendra Modi on Friday said that the banking sector has become strong after the government announced a slew… By FE News DeskDecember 20, 2019 13:20 IST
How far UPI can reach in India: After 1 billion transactions, this is next If RBI introduces recurring payment functionality, as it has indicated, this will be a gamechanger for P2M UPI payments. By GuestDecember 20, 2019 12:13 IST
Yes bank takes another jolt; India Ratings downgrades bank for uncertainties in capital raising The capital constraints had resulted in a 7 per cent decline in the bank’s loan book in the September quarter,… By PTIDecember 20, 2019 10:19 IST
Room for strong growth for microfinance in India, says KPMG report Eastern and northeastern regions of the country have played a key role with the highest share of loan portfolio at… By PTIDecember 19, 2019 11:18 IST
India vs Pakistan Asia Cup 2025: Check weather and Dubai International Stadium’s pitch report ahead of clash
