Finance

IL&FS Case: NCLAT Refuses Interim Relief To Deloitte And BSR Associates

The National Company Law Appellate Tribunal (NCLAT) has refused to give interim relief to IL&FS auditors Deloitte a... Read more

PSB Talks To Align Strategies With National Priorities Get Mixed Feedback From Unions

Bank unions are keen to become a part of the government’s agenda to create a national strategy for public sector banks... Read more

India Post Payments Bank Evaluating Options To Convert To SFB, Says CEO

Our BureauIndia Post Payments Bank is evaluating options on how to convert to a small finance bank (SFB) as it is keen t... Read more

Banks Board Bureau Invites Applications For Post Of CEO At Bank Of Baroda, Canara Bank

The menu of options for eligible candidates eyeing the post of CEO at top-notch public sector banks just got bigger. ... Read more

DHFL Crisis: Mutual Funds Face Another Hit Of ₹1,500 Cr In September

Investment in debt papers of troubled NBFC will come up for repayment next month Read more

Compliance Culture Of Indian Banks Is Far From Satisfactory : RBI Deputy Governor

Lenders should eschew tendency to treat compliance merely as a cost, says MK Jain Read more

SBI Suggests Linking Bulk Deposits To Repo For Effective Transmission Of Interest Rates

For effective transmission of the RBI’s lower policy rates, SBI on Tuesday suggested the regulator should ask banks to... Read more

Home, Auto Loans On PSB Loans In 59 Minutes Portal Soon

Public sector banks are gearing up to introduce retail products, including housing and auto loans, on ‘psbloansin59min... Read more

DBS Bank To Enter Credit Card Market Next Year

Southeast Asia's biggest bank DBS Group Holdings is preparing to enter the credit card market in India in 2020, a senior... Read more

SBIs Festive Offers: Should You Go For The Banks Repo-linked Home Loan?

While the transmission will happen faster, it can make EMIs more volatile and pinch you when rates increase Read more

Mahindra Finance To Pick 58.2% In Sri Lanka's Ideal Finance

Mahindra & Mahindra Financial Services Ltd has entered into a joint venture with Sri Lanka's Ideal Finance Ltd. Mahi... Read more

SBI Announces A Slew Of Festive Offers For Retail Banking Customers

State Bank of India (SBI) on Tuesday announced bouquet of special offerings in this festive season for retail banking cu... Read more

FinMin Kickstarts Credit-support Plan For NBFCs

Issues guidelines for the one-time six month facility; minimum credit rating of ‘AA’ stipulated for eligible pool of... Read more

RBI Ups Cap On Bank Credit To NBFCs

In a bid to boost credit to the needy segment of borrowers, the RBI on Tuesday said bank credit to non-banking financi... Read more

Northern Arc And Spains GAWA Cap Raise ₹106 Cr Through Pooled Bond Issuance For NBFCs

Northern Arc Capital, a leading debt platform for non-banking finance companies, has structured and co-invested in a ₹... Read more