Finance

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

Indias Credit Card Industry Has Room For Growth Despite Challenges

With low card penetration, is India's credit card industry a victim of arrested development or will it embrace opportuni... Read more

Government Plans To Amend IBC To Ring-fence Buyers Of Stressed Assets From Prosecution

May move an amendment during the current Winter Session of the Parliament Read more

ECL Finance Mops Up ₹515 Cr Via NCD Issue

Edelweiss Financial Services Ltd (EFSL) on Sunday said the public issue of secured redeemable non-convertible debentures... Read more

Credit Rating Agencies May Face Methodology Scrutiny: Nirmala Sitharaman

Companies rated 'Highest' collapsed immediately Read more

'City Union Bank Banked On Its Core Strengths And Avoided Scale Trap'

 City Union Bank is a classic example of how banks should use their core strengths to grow in a steady manner without g... Read more

IndiaFirst Life Insurance Partners With Spice Money For Insurance Khata Product

IndiaFirst Life Insurance has entered into a strategic and technical partnership with Spice Money, a tech-led financial ... Read more

RBI Should Be Given Full Power To Regulate Co-op Banks: Satish Marathe

In a letter to Finance Minister Nirmala Sitharaman, RBI Central Board Director Marathe also suggested that a broad-based... Read more

Arohan Financial Shelves IPO Plan

To focus on ₹1,800 crore fresh funding Read more

Q2 Results: Lakshmi Vilas Bank Net Loss Widens

Lakshmi Vilas Bank on Saturday reported a net loss at Rs 357.17 crore for the quarter ending September 30, 2019. The Tam... Read more

Indian Consumers Warm Up To Digital Payments

Digital payment companies invest strongly in brand building and are overt in their efforts to deliver an engaging custom... Read more