Finance

Oriental Bank Of Commerce Slashes One-year MCLR By Five Basis Points

The one-year MCLR is the benchmark against which most customer loans such as auto, personal and home loans are priced Read more

Yes Bank Board Member Mukesh Sabharwal Resigns

Sabharwal has mentioned that he wants to devote quality time on his academic pursuits Read more

Excess RBI Capital Must Be Used To Recapitalise PSBs: Bank Of America Merrill Lynch

It also said bank recapitalisation can indirectly support RBI objectives on the liquidity management Read more

Payswiff, Mastercard Join Hands To Accelerate Acceptance Of Digital Payments In Tier-2, Tier 3 Cities

Payswiff’s SET, a mobile application is at the core of this alliance Read more

ACB Begins Probe Into Allegations Of Corruption, Nepotism Against Former J&K Bank Chief

The Anti Corruption Bureau in Jammu and Kashmir has begun probing allegations of corruption and nepotism against former ... Read more

Forget Transmission, Some Banks Have Raised Lending Rates Since Last Repo Cut

Tight liquidity allows little leeway to reduce deposit rates Read more

The Curious Case Of Jan Dhan Balances: They Rise During Polls And Fall Thereafter

Repeats trend seen after Assembly polls in 2018 Read more

With NPS Exposure To IL&FS At ₹1,270 Cr, PFRDA Speeds Up Recovery Process

A major portion of the exposure is classified under ‘red’ category, says a PFRDA member Read more

Digital Payments Have Still A Long Way To Go, Says RBI

While India ranks as a ‘leader’ in regulation of costs of payments systems, number of ATMs deployed and availability... Read more

ATM Upgrade: Banks Use Cash Recyclers, Wait For Hike In Interchange Fee

Cash recyclers are becoming an alternative for banks as they struggle to upgrade ATMs in line with new norms and remain ... Read more

LIC Revises Rule To Increase Maternity Leave To 15 Months

New norms to cover adoption, too Read more

Bharat Helps Syndicate Bank Register A Rise In Deposits

Syndicate Bank’s efforts to increase growth in rural and semi-business branches has finally paid off with both deposit... Read more

L&T Financial Services Launches Digital Sakhi In TN

L&T Financial Services’ (LTFS) ‘Digital Sakhi’, an educational programme aimed at digital financial inclusion ... Read more

Awards For Allianz Insurance Captive

The insurance operations captive centre of Allianz — internally known as Allianz Services India with offices in Techno... Read more

Future Generali India Insurance Net Jumps 50% To Rs 118 Cr In FY19

Future Generali India Insurance (FGII) Tuesday posted a jump of nearly 50 per cent in its net profit to Rs 118 crore in ... Read more