Finance

Bank Of Baroda Enters Into MoU With Pine Labs

Bank of Baroda has entered into a Memorandum of Understanding (MoU) with Pine Labs to provide the affordability solution... Read more

NHB's Directive On Interest Subvention Products To Affect Developers, HFCs : CARE Ratings

The credit rating agency said the scheme has been a market practice for years Read more

IndusInd Bank Plans To Raise Up To Rs 20,000 Cr

Private sector IndusInd Bank plans to raise up to Rs 20,000 crore by issuing bonds on a private placement basis from the... Read more

Indian Overseas Bank Narrows Net Loss To Rs 342 Cr In June Quarter

State-owned Indian Overseas Bank (IOB) on Tuesday reported narrowing of its net losses to Rs 342.08 crore in the first q... Read more

Viral Acharya Packs Up, Leaving Behind Warnings For RBI, Govt

Viral Acharya will be ending his stint as deputy governor at the Reserve Bank of India with a sense of unfinished busine... Read more

Banks Board Bureau To Conduct Annual Leadership Development Programme For Senior Bank Managers

The programme will cater to senior management personnel of public sector banks Read more

FPIs Can Solve NBFC Crisis In India: JP Morgans Kalpana Morparia

Recommends tweaking of bankruptcy rules Read more

How The Directive On Long-term Motor Insurance Is Impacting ICICI Lombard

Exiting crop business and focussing on profitable segments should offset the pressure on profitability in the motor own ... Read more

DHFLs Auditors Raise Several Red Flags

Auditors have listed qualifications and disclaimers to the company’s March quarter results; says not been able to obta... Read more

Insurance Deal: FIR Registered Against Former J&K Bank Chairman Parvez Ahmed

The Anti-Corruption Bureau (ACB), Jammu, has registered a First Information Report (FIR) against former Jammu & Kash... Read more

Five Star Secures $50 Million From Existing Investor TPG

Five Star Business Finance, a Chennai-based non-banking finance company that lends to small businesses, has raised $50 m... Read more

Bank Of Baroda Plans To Raise ₹13,000 Crore By December

Bank of Baroda (BoB) is planning to bolster its capital base by raising up to ₹13,000 crore by December to support a 1... Read more

DHFLs Lenders Ready To Accept Limited Haircuts: Sources

Lenders to Dewan Housing Finance Ltd (DHFL) are ready to accept limited haircuts in a restructuring plan being worked ou... Read more

CredRight Sets Loan Disbursal Target Of ₹50 Cr For This Fiscal

Fintech start-up CredRight is targeting ₹50-crore disbursal of unsecured loans to micro, small and medium enterprises ... Read more

Federal Bank Net Zooms Over 46% On Fee Income, Stable Assets

Federal Bank’s net profit shot up by 46.25 per cent to ₹384.21 crore in the first quarter of this fiscal on the back... Read more