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
Unions Fear Bank Officers May Be Hauled Up If Farm Loans Turn Sour
The loans were extended to small and marginal farmers during a recent two-week campaign Read more
HDFC Banks Aditya Puri Sells 12.52 Lakh Shares Worth ₹151 Cr
The CEO is looking to offload more of his stake ahead of his retirement Read more
Goldman Sachs Pleads Not Guilty In 1MDB Case
Three units of Goldman Sachs pleaded not guilty on Monday in Malaysia over the investment bank’s alleged role in the m... Read more
Why The European Central Bank Is In For A Coronavirus Shocker
It was the calm before the storm. Last week, new data showed that the euro-zone economy had seen an encouraging rebound ... Read more
Microsoft, SBI Foundation To Upskill Youth With Disabilities For BFSI Jobs
Microsoft has collaborated with SBI Foundation to create opportunities in the banking and financial services and insuran... Read more
Incentive Scheme For Sale Of Third-party Non-banking Products Under RBI Lens
Action follows fear of mis-selling, loss of focus on core banking activities; SBI and some other banks put on hold such ... Read more
IBC Check: In 3 Years, Just 6 Per Cent Of 3,312 Cases Have Seen Resolution
In December 2019 quarter, lenders have taken an 88% haircut on resolution Read more
Banks Lured By Record-low Borrowing Costs Binge On Bonds
Rupee bond sales by Indian banks are off to the best start in five years as the lenders lured by record-low borrowing co... Read more
RBI Study Sees Boost In Planned Capex Of Pipeline Projects
There has been a noticeable improvement in 2019-20 in the planned or envisaged capital expenditure (capex) from all sour... Read more