IBBI Suspends Registered Valuer
Use of ‘ibbi’ in domain name misleading Read more
On The Slow Lane: NHB Grants Approval To Just 7 Housing Finance Firms In FY19
High cost of borrowings, slowdown in disbursements lead to fewer registrations Read more
Karur Vysya Bank CEO Resigns
Karur Vysya Bank on Monday said its Managing Director & CEO PR Seshadri has submitted his resignation citing persona... Read more
UCO Bank Aims To Come Out Of PCA By March: AK Goel
UCO Bank hopes to come out of the Reserve Bank of India’s Prompt Corrective Action (PCA) framework by March. Accordin... Read more
Claims Worth Rs 4,800 Cr Admitted From Fixed Deposit Holders Of Debt-laden DHFL
The Reserve Bank-appointed administrator of beleaguered Dewan Housing Finance Limited (DHFL) has admitted close to Rs 4,... Read more
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