RCap Gets Back 100 Per Cent Shareholding In Reliance General Insurance
To RCap lenders’ relief, cancels move by Credit Suisse, Nippon India MF to invoke pledged shares Read more
Lower Credit Offtake By Firms, A Sign Of Balance Sheet Clean-up: Shaktikanta Das
“Every decision taken at the central bank is attributed to the Governor and the buck stops with him,” said Shaktikan... Read more
Inspection Report Of Scam-hit PMC Bank Yet To Be Finalised: RBI
The inspection report on the financial position of the scam-hit Punjab and Maharashtra Co-operative (PMC) Bank as on Mar... Read more
How ICICI Pru Life Is Leveraging On AI To Offer Personalised Products To Customers
Insurer to use real-time data to deliver more relevant content, product and service info Read more
Mastercard Plays To Customers Tunes
Embeds sonic brand melody into Android PoS devices Read more
Indias Forex Reserves Can Cover 10 Months Imports, Says RBI
The import cover of India’s foreign exchange reserves increased to 10 months as at June-end 2019 from 9.6 months as at... Read more
Merger Of 3 PSBs — Structurally And Culturally
At a two-day summit in Kerala recently, top management of Union Bank of India, Andhra Bank and Corporation Bank met to a... Read more
Tata, Nilekani Promoted Avanti Finance To Soon Raise $ 30-40 Mn
Avanti Finance, the microloan-focused NBFC promoted by Ratan Tata and Nandan Nilekani from their personal philanthropic ... Read more
Govts Focus On Resolution, And Not Loan Recovery, Is Retrograde: AIBEA
“Banks should concentrate on loan recovery, but the Government is stressing resolution. This is a retrograde step. The... Read more
Paytm Raises $660 M From Alipay, SoftBank, Others
One 97 Communications, the company that operates Paytm, has raised $660 million from Alipay, T Rowe Price, SoftBank and ... Read more
24/7 NEFT Services: Banks Face Many Challenges
While round-the-clock availability of funds transfer from December 16 under the National Electronic Funds Transfer (NEFT... Read more
RBI Seen Cutting Rate Again To Arrest Falling Growth
Economy growth worries may outweigh central bank’s retail inflation concerns Read more
Digital Transactions In October: Top Score For Fino Payments Bank
SBI, Bank of Maharashtra are ‘good’ performers among PSBs Read more
Axis Bank More Than Doubles Loan Provisions For Troubled Sectors
Axis Bank is setting aside more capital, more than twice over the regulatory requirements, for loans in sectors it has i... Read more
Experts Say RBI May Cut Interest Rates Again To Support Growth
The Reserve Bank may cut interest rates for the sixth straight time on December 5 to support growth that has continued t... Read more