Bandhan Bank Q1 Loans Increase 18 Per Cent, Deposits Up 35 Per Cent
Reports improvement in collection efficiency Read more
Injeti Srinivas Appointed As Chairman Of International Financial Services Centres Authority
The Appointments Committee of the Cabinet has approved the appointment of Injeti Srinivas, a retired IAS officer, as Cha... Read more
Canara Bank, BoM And KVB Cut MCLRs
Canara Bank and Bank of Maharashtra (BoM) have announced a cut in their marginal cost of funds based lending rate (MCLR)... Read more
IndusInd Banks Q1 Net Advances Up 4%
IndusInd Bank reported a six per cent increase in deposits and a four per cent increase in net advances in the first qua... Read more
Aye Finance Raises ₹125 Crore From Germany-based Impact Investor
Aye Finance, a new-age non banking finance company, has raised over ₹125 crore in debt from Germany-based impact inves... Read more
Bus, Car Operators Seek Extension In Validity Of Motor Insurance
Amidst the Covid-19 led crisis, Bus and Car Operators Confederation of India has urged the insurance regulator IRDAI to ... Read more
KVB Ties Up With Star Health Insurance
Karur Vysya Bank has entered into an arrangement with Star Health and Allied Insurance Co to offer a wide range of healt... Read more
Agri Bad Loans Shoot Up For Banks In FY20 As Lending Targets Rise Sharply
Many lenders had sought to clean up and consolidate their agri book in the previous fiscal Read more
YES Bank Launches Instant Loan Disbursement Facility
Private sector lender YES Bank has launched a solution for instant disbursement of retail loans for the bank’s pre-app... Read more
Bharti Airtel, Vodafone Idea To Register Fall In Wireless Revenues In Q1: Emkay
Impacted by the nationwide lockdown, wireless revenues for Bharti Airtel and Vodafone Idea Ltd (VIL) will register a fal... Read more
DRDO To Set Up Research Cell At IIT Hyderabad
The Defence Research and Development Organisation (DRDO) is going to establish a research cell at Indian Institute of Te... Read more
IndusInd Bank Net Advances Up 4% In Q1
The IndusInd Bank scrip gained over 3 per cent on the BSE on Monday after the private sector lender reported a 6 per cen... Read more
Covid Will Lead To Additional ₹1.67-lakh Crore Of Debt From Top-500 Debt-heavy Private Sector Borrowers: India Ratings
The proportion of stressed debt of the top-500 debt-heavy private sector borrowers could jump to 18.21 per cent to 20.84... Read more
SBM Bank India, Mastercard To Speed Up Cross Border Transactions, Remittances
Government of Mauritius-promoted SBM Bank India and global payments technology major Mastercard have joined hands to fac... Read more
Businesses Opt For Gold Loans To Tide Over Covid-induced Liquidity Crunch
Gold prices are hitting the roof, and so is the demand for gold loans. With individuals and small businesses facing liqu... Read more