Moodys Takes Rating Action On Three NBFCs
Global rating agency Moody’s on Monday took rating action on three non-banking finance companies including Hero FinCor... Read more
Bandhan Bank Deposits Surge 32% In FY20
Deposits from micro-banking continue to be strong despite lockdown Read more
Mahabaleshwara Gets Three-year Extension As Karnataka Bank MD
Pursuant to the approval received from the Reserve Bank of India (RBI), the board of directors of Karnataka Bank has rea... Read more
IDFC First Bank Retail Deposits Up 157 Per Cent
IDFC First Bank reported a sharp rise of 157 per cent in its retail deposits, but deposit certificates fell by 75 per ce... Read more
Max Life Insurance, Yes Bank Extend Partnership By Five Years
The companies had started their bancassurance partnership in 2005 Read more
Locale.ai Raises Funding From Better Capital, Others
Bengaluru-based start-up Locale.ai has raised an undisclosed round of funding led by Better Capital, with participation ... Read more
EMIs, Credit Card Repayments: Confusion Continues Despite Moratorium
Bankers promise to iron out issues by next week Read more
Capital Float Raises $15 Million In Equity Funding From Existing Investors
Digital lending start-up, Capital Float, announced that it has completed a $15-million (₹110 crore) equity fund-raise ... Read more
NABARD To Give Refinance To SFBs To Provide Short-term Credit To Farmers, Small Businesses
The National Bank for Agriculture and Rural Development (NABARD) has decided to open its refinance tap for Small Finance... Read more
NBFCs Seek Liquidity Support,one-time Restructuring Of Loans
Suggests moratorium should be for all standard accounts as on Feb 29 Read more
Be Transparent In Rewards To Agents: IRDAI
IRDAI has asked insurers to ensure transparency in payment of rewards to insurers.“It is observed that the board appr... Read more
Covid-19: How Life Insurers Are Building Customer Intimacy In These Difficult Times
In these trying coronavirus times, life insurers are going the extra mile to align themselves to the true needs of their... Read more
Bajaj Finance Weighs Adequacy Of Provisioning For Large Accounts
Bajaj Finance, on Monday, said it is assessing the adequacy of provisioning for identified large accounts and that it wi... Read more
With RBI Moratorium In Place, Q4 Results Likely To Be Stable For Banks
But analysts say the road ahead could be rocky Read more
Kotak Bank Registers Sharp Growth In Customer Deposits
Our BureauPrivate sector lender Kotak Mahindra Bank has registered a sharp growth in total customer deposits even as so... Read more