Finance

Yes Bank Scam: CBI Carries Out Searches At 7 Locations

The Central Bureau of Investigation on Monday carried out raids at seven locations on Monday relating to allegations aga... Read more

YES Bank Bailout May Tighten Credit Market, Widen Economic Pain: S&P

But Centre’s efforts and SBI’s capital infusion will stem the contagion, says report Read more

Chalasani Venkat Nageswar Gets Additional Charge Of DMD, CFO Of SBI

State Bank of India (SBI) on Monday said Chalasani Venkat Nageswar has been given additional charge of deputy managing d... Read more

YES Banks Retail FDs Have Nearly Doubled Over Two Years

Retail term deposits grew 40 per cent in FY19, while corporate deposits grew 16 per cent Read more

CoinDCX Launches Crypto-referral Initiative In India

CoinDCX, a cryptocurrency trading platform has launched its crypto-referral initiative in India.This initiative is aimed... Read more

Max Financial Services: No Exposure To Yes Bank AT1 Bonds

Max Life Insurance or Max Financial has no exposure to Yes Bank AT1 bonds, Max Financial Services said in a regulatory f... Read more

As RBI Allays YES Bank Depositors Fears, Crisis Spreads To NBFCs, Fintech Players

Beleaguered lender owes ₹662 crore to Indiabulls Housing Read more

Banks Turning Wary Of Large Exposures Mainly Due To NPA Fear: FICCI-IBA Survey

Banks are exercising caution while taking exposure to large enterprises due to apprehension on asset quality, lower econ... Read more

25,000-cr LTRO: Reserve Bank Gets ₹1.71-lakh-cr Bids

Our BureauThe banking sector’s appetite for long-term funds via the Reserve Bank of India’s long-term repo operation... Read more

Northern Arc Cap Closes Indias First Invoice-backed Securitisation Deal With Fintech Platform CredAble

Our Bureau Northern Arc Capital, a debt platform for NBFCs, on Monday announced the closure of India’s first invoice-... Read more

Zomato Inks Partnership With RBL Bank, Mastercard

Food aggregator Zomato has inked a strategic partnership with RBL Bank and Mastercard to launch a co-branded credit card... Read more

Merger Of Allahabad Bank And Indian Bank Will Generate Business Of ₹10-lakh Crore In Next Two Years

The merged entity of Allahabad Bank and Indian Bank will register a business of ₹10-lakh crore in the next two years. ... Read more

Time Ripe For Innovation In Fintech Space, Says Sequoia Capital India MD

GV Ravishankar cites growth of smartphone and digital infrastructure, emergence of experienced founders Read more

SMEcorner Raises $30 Million In Debt, Equity

Rajesh Kurup SMEcorner, a fintech SME lender, has raised $30 million through a combination of debt and equity, led by pr... Read more

CredAble, Northern Arc Capital Tie-up For Online Bill Discounting Business

CredAble, a supply chain financing fintech platform, announced closure of India’s first invoice- backed securitisation... Read more