Ahead of RBI deadline, Paytm and Axis Bank to submit TPAP application for UPI ops with NPCI this week
Emerging trends in Financial Services & FinTech: Artificial Intelligence, Machine Learning to define future
Financial sector must grow at 16-18% for India to become $10 trillion economy by 2030, says Ajay Piramal
FE Modern BFSI Summit 2022: Banks stronger now, to aid balance sheet expansions again, says CEA Nageswaran
RBI shifted focus to inflation once growth, economic activity was at pre-pandemic levels, says guv Das
RBI’s warning to fintechs: How do international compliance standards impact fintechs in India? Know about GDPR or AML directives
RBI’s warning to fintechs: What are various licenses required for operating fintech company in India? Find out here
Government says nearly 3 per cent of Rs 6.04 lakh crore worth of Mudra loans turn into bad loans Prime Minister Narendra Modi launched the PMMY on April 8, 2015, for providing collateral free loans of up to Rs… By PTIDecember 3, 2019 16:09 IST
PSU banks confiscate property worth Rs 2.3 lakh crore from loan defaulters; record recovery last year The PSU banks have also recovered Rs 3.35 lakh crore over the last four-and-a-half financial years, including a record recovery… By Samrat SharmaUpdated: December 3, 2019 16:09 IST
Indian banks need $7 billion additional capital: Fitch In its 2020 Outlook for ‘Asia-Pacific Emerging Market Banks’, the rating agency maintained a negative outlook on Indian banks, based… By PTIUpdated: December 3, 2019 14:27 IST
HDFC Bank sees signs of revival in rural areas amid sputtering economy HDFC Bank Ltd., India’s most valuable lender by market capitalization, sees tentative signs of a revival in rural areas at… By BloombergUpdated: December 3, 2019 14:45 IST
ICICI Bank cuts one-year MCLR by 10 bps to 8.25% In the September quarter, ICICI Bank had recorded a domestic loan growth of 16.4% year-on-year (y-o-y), driven by 22.2% y-o-y… By FE BureauDecember 3, 2019 06:08 IST
UPI transaction value drops marginally The first mover in UPI payments has been losing share since mid-2017 to rival apps launched by large internet and… By FE BureauDecember 3, 2019 05:57 IST
Axis Bank launches wealth platform for ultra-rich Axis Bank MD and CEO Amitabh Chaudhry said there has been a 24% increase in the number of high net-worth… By FE BureauDecember 3, 2019 05:32 IST
PMC Bank administrator to sell 2 aircrafts, 1 yacht The assets on sale belong to Housing Development Infrastructure (HDIL) Group promoters Rakesh and Sarang Wadhawan, the prime accused in… By Shritama BoseDecember 3, 2019 04:14 IST
Slow credit growth due to unutilised sanctioned working-capital limits: SBI chairman Credit growth is slow primarily because sanctioned working-capital limits are lying unutilised. By Shritama BoseDecember 3, 2019 01:48 IST
PMC Bank withdrawal limit: 78% depositors can get their full money; but the rest have to wait The government has allowed nearly 78 per cent of the small depositors of crisis-hit PMC Bank to withdraw their entire… By FE News DeskDecember 2, 2019 15:33 IST
Axis Bank more than doubles loan provisions for troubled sectors The move, which is being followed at least since April, comes amid continuing concerns on high quantum of non-performing assets… By PTIDecember 1, 2019 16:11 IST
Kerala to get its own bank soon Minister for Cooperation Kadakampally Surendran said the setting up of the bank opens up a huge potential for the development… By PTINovember 30, 2019 17:24 IST
Who is Erwin Singh Braich? The man who has offered to put $1.2 billion in YES Bank After YES Bank on Friday announced that eight global and domestic investors have shown interest in infusing $2 billion, interest… By FE News DeskUpdated: November 30, 2019 18:31 IST
Yes Bank says eight investors ready with $2 billion funding Ending weeks of suspense, Yes Bank on Friday said that eight investors led by Erwin Singh Braich have evinced interest… By PTINovember 30, 2019 10:29 IST
Commercial vehicle loan sanctions by NBFCs fall 36% in Q2 Sanctions by NBFCs fell 34% y-o-y on an average, industry association Finance Industry Development Council (FIDC) said on Friday. By FE BureauNovember 30, 2019 01:02 IST
HDFC Bank’s share in outstanding credit cards comes down to 25% ICICI Bank’s share had dipped to 13% in March 2018 from 15% in March 2016. By FE BureauNovember 30, 2019 00:56 IST
RuPay may soon roll out recurring payments sans two-factor authentication In August, the central bank had issued a notification allowing automatic recurring transactions on cards for all subsequent transactions after… By GuestUpdated: November 30, 2019 02:15 IST
Growth in bank lending to services slides to 6.5% Outstanding bank loans to services firms stood at Rs 23.52 lakh crore on October 25, up from Rs 22.08 lakh… By FE BureauUpdated: November 30, 2019 04:21 IST
Bharat Electronics order boom! Stock jumps after Rs 712 crore defence, cybersecurity deals – What’s next for investors?
‘It has become a proud tradition in our sport’: Viswanathan Anand shares ‘warm moments’ birthday post for PM Modi
NYT Connections September 17, 2025 hints and answers: Here is everything you need to solve the puzzle
