Banking & Finance
HDFC Bank net up 18% on higher other income
The lender’s total capital adequacy ratio (CAR) as per Basel III guidelines was at 18.8% as on March 31, 2021, up from 18.5% as on March 31, 2020, and as against a regulatory requirement of 11.075%.
MFIs better prepared to deal with disruptions due to rising COVID-19 cases: MFIN CEO Alok Misra
Over the past year, microfinance institutions (MFIs) have streamlined their processes, trained field staff on COVID-appropriate behaviour and in dealing with lockdowns, and focussed on digitisation, a
RBI reveals names of applicants for universal bank, SFB licences
Applicants under guidelines for on-tap licensing of universal banks are UAE Exchange and Financial Services, The Repatriates Cooperative Finance and Development Bank (Repco Bank), Chaitanya India Fin
Auto-debit bounces ease in March, but stay above pre-Covid levels
The share of unsuccessful auto-debit requests in volume terms eased from 36.65% in February.
Piramal Retail Finance to foray into used-car, consumer and education finance
During FY21, the lender has expanded its employee base to about 1,000 from 500, and it intends to double the number again in the next 12 months
Interview | Federal Bank’s credit card should be launched soon: Nilufer Mullanfiroze
Earlier online transactions, using mobile banking, net banking, were ‘nice to do’ activities from a customer perspective.
Personal hearing before NPA tag: RBI, lenders move SC
A bench led by Justice R F Nariman refused to stay the entire HC judgment, but stayed a part which dealt with granting of personal hearing to a borrower/account holder.
RBI receives 8 applications for setting up banks under ‘on tap’ licensing
UAE Exchange and Financial Services Limited, The Repatriates Cooperative Finance and Development Bank Limited (REPCO Bank), Chaitanya India Fin Credit Private Limited, and Pankaj Vaish and others, are
Citibank to exit consumer banking biz in India, to focus on institutional segment
On Thursday, the bank announced exiting from the consumer banking businesses in 13 countries, with its global CEO Jane Fraser attributing the decision to an absence of scale to compete in these geogra
Monsoon session: Govt to amend key PSB privatisation laws
As many as 14 private banks were nationalised in 1970 by the Indira Gandhi government, followed by another six banks in 1980.
‘Data helped us expand borrower base in supplier finance segment’:
The use of data and analytics has enabled Citi to expand its borrower base in the supplier finance vertical in India, said Mridula Iyer, head - treasury & trade solutions (TTS), Citi South Asia.
WhatsApp Pay remains in the slow lane four months since November launch
Unified Payments Interface (UPI) transactions through WhatsApp remained tepid in March, four months since the feature went live for 20 million users on the messaging app.
RBI monetary policy: Calms some nerves; just what the doctor ordered
Overall, the policy is in sync with the times and recognises the need to navigate this uncertain period with an open mind
Banks to remain closed on April 14 in these cities, open in these 7 states; check full list
Banks will remain closed in most of the states on Wednesday, 14 April 2021, on account of Dr. Babasaheb Ambedkar Jayanti.
RTGS to remain unavailable for 14-hr on Sunday due to technical upgrade
The popular National Electronic Funds Transfer or NEFT for fund transfers of up to Rs 2 lakh will continue to be operational as usual during this period.
Sebi slaps Rs 25 crore fine on Yes Bank in AT-1 bonds case
During the process of selling of the AT-1 bonds, individual investors were not informed about all the risks involved in subscription of these bonds.
Remain watchful of evolving situation, push credit flows: RBI Guv to banks
The liquidity scenario and monetary transmission, and credit flows to different sectors, including MSMEs, and retail, were also discussed during the meeting held through video-conferencing.
Large Public Sector Banks speed up digitisation in the post-merger new normal
PSBs had a large customer base even before the mergers took place over the last few years, but the expansion in that base helps justify the cost of digitisation.
Bandhan plans to set up hospital, university: Chandra Shekhar Ghosh
Bandhan-Konnagar still exists as an NGO and is committed to running developmental interventions across healthcare, education, livelihood promotion, financial literacy and employment generation.
SBI collects Rs 300 cr from zero balance accounts for certain services in 5-year: Study
The RBI's nonchalant attitude to supervise its own regulations encouraged other banks to become unreasonable towards charges beyond four debits a month, it said.
South Indian Bank total deposits slightly down at Rs 82,710 cr
Of this, the retail deposits were up by 15 per cent at Rs 76,294 crore as against Rs 66,457 crore, as per the provisional data, released by the bank to comply with the Sebi norms on disclosure require
UCO Bank plans to set off Rs 12,537 cr accumulated losses against share premium a/c balance
State-owned UCO Bank has proposed to set off its accumulated losses of over Rs 12,537 crore by utilising the balance in the share premium account and has convened an EGM next month to seek shareholder
NBFCs to face fresh challenges due to Covid surge: Analysts
Icra Ratings said that due to the Covid-19 pandemic and resultant nationwide lockdowns, securitisation volumes had seen an unprecedented fall in H1FY21 after two successive years of healthy volumes cl
Dhanlaxmi Bank’s advances grow 4.75% in Q4
Meanwhile, the gold loan portfolio recorded an y-o-y increase of 48.13% during the fourth quarter. Sequentially, gold loan advances grew 5.6%.
Advertisement
Most Read
- Beware of WhatsApp Pink! Link claiming to change Whatsapp in Pink is a virus, can hack mobile phone: Cyber experts
- Zoho's Sridhar Vembu gives growth mantra to SMBs; suggests entrepreneurs to focus on rural India
- Covid-19 Live: Maharashtra reports 68,631 fresh cases; Tamil Nadu records highest one-day tally with 10,723 infections
- UP Panchayat Election 2021: Phase 2 voting tomorrow; 11,483 candidates in fray for zila panchayats, 1.22 lakh for gram panchayats
- What is Dogecoin, how to buy in India and why the Elon Musk-supported crypto is no more a mere 'joke'
- PM SVANidhi: 84% sanctioned loans disbursed to street vendors since launch of scheme; SBI top lender
- Jaypee Infratech insolvency: Lenders ask NBCC, Suraksha group to improve bid, seek more land parcels
- FPIs pull out Rs 4,615 cr from Indian markets in April so far
- 'Any disruption in MSMEs' sales amid second Covid wave to be detrimental to their survival this time'
- How to secure your banking transactions from cyber frauds
Advertisement
Top News
- Beware of WhatsApp Pink! Link claiming to change Whatsapp in Pink is a virus, can hack mobile phone: Cyber experts
- Zoho's Sridhar Vembu gives growth mantra to SMBs; suggests entrepreneurs to focus on rural India
- Covid-19 Live: Maharashtra reports 68,631 fresh cases; Tamil Nadu records highest one-day tally with 10,723 infections
- UP Panchayat Election 2021: Phase 2 voting tomorrow; 11,483 candidates in fray for zila panchayats, 1.22 lakh for gram panchayats
- What is Dogecoin, how to buy in India and why the Elon Musk-supported crypto is no more a mere 'joke'
- PM SVANidhi: 84% sanctioned loans disbursed to street vendors since launch of scheme; SBI top lender
- Jaypee Infratech insolvency: Lenders ask NBCC, Suraksha group to improve bid, seek more land parcels
- FPIs pull out Rs 4,615 cr from Indian markets in April so far
- 'Any disruption in MSMEs' sales amid second Covid wave to be detrimental to their survival this time'
- How to secure your banking transactions from cyber frauds
Advertisement
State Bank Of India
HDFC Bank
Axis Bank
ICICI Bank
Punjab National Bank
CITI Bank
Kotak Mahindra Bank
IDFC Bank
Bank Of India
Bank Of Baroda