Finance

IOB To Focus On Three More Areas As It Eyes Profit This Fiscal

Indian Overseas Bank (IOB) will be strengthening its turnaround plan by adding a few more focus areas to the strategy in... Read more

Budget Provisions May Rekindle Retail Investor Interest In G-Secs And T-Bills

Lack of familiarity, exit mode seen as challenges Read more

State Bank Of India Cuts Lending Rates By 5 Bps

 State Bank of India on Tuesday said it will pare its marginal cost of funds based lending rate (MCLR) by 5 basis point... Read more

Budget Proposal Not To Charge MDR Will Hurt Industry, Says Payments Council

The payments industry has raised concerns over the Budget proposal to levy zero MDR on all merchants and has said it wil... Read more

NABARD Sees Further Consolidation In Rural Banks Space This Fiscal

Bank moving towards risk-based supervision of banks governed by it Read more

ICICI Securities To Offer Retail Loans To Customers

Selling these products will earn it a distribution commission, the firm said Read more

No Proposal With IRDAI For 10% Stake Sale In Max Life To Axis Bank: MFS

However, the bancassurance relationship between Max Life and Axis Bank will continue Read more

Indias Large Exposure Regulations Compliant With Basel Framework

The Basel large exposures framework addresses the concentration risk that could arise as a result of a bank’s exposure... Read more

5 Tips To Help You Recover From A Catastrophe

USAA has provided answers to some of the main questions people have about recovering from a catastrophe. Read more

In NHB Refinancing Bid, DHFL May Seek Relief From Keeping 51% Of Its Assets As Home Loans

The company’s individual housing loan portfolio has dipped due to continuous sale of retail home loans to banks via se... Read more

Open Refinancing Window For Crisis-hit Non-banking Financial Companies Sector

Growth and not solvency is the issue, says FIDC Read more

ED Attaches Simbhaoli Sugars Assets Worth ₹110 Crore In Bank-fraud Case

It is alleged that the company has diverted the loan funds intended for farmers Read more

CBI Turns Up The Heat On Bank Fraudsters, Conducts Raids In 50 Places Across Country

‘Fresh cases’ relate to scams totalling ₹1,135 crore, says the agency Read more

RBI Imposes Penalty On Allahabad Bank, UCO Bank

The Reserve Bank of India has imposed a penalty of ₹50 lakh each on Allahabad Bank and UCO Bank for non-compliance wit... Read more

PSBs Need ₹50,000-crore Growth Capital This Fiscal: SBI Report

‘Consolidation will improve banks’ ability to lend for developmental needs’ Read more