Finance

IBBI Suggests Ground Rules For Resolution Professsionals, Committee Of Creditors

This charter, which is not mandatory, has been prepared in consultation with the three insolvency professional agencies Read more

Banks See Upsurge In Rural Credit Growth

Loans to finance agricultural and allied activities drive rural lending Read more

A Smooth Sailing For Ayushman Bharat Scheme In TN

Back-end system, processes under the State’s earlier health scheme, makes integration easy, but tackling cases from ot... Read more

With $22 B Gone, Indias NBFCs To Face Darker Days

As key engines of loan growth in the world’s fastest-expanding major economy, they once were investor favourites. But ... Read more

Corp Bank, Allahabad Bank, Dhanlaxmi Bank Out Of PCA

The Reserve Bank of India seems inclined to bring more banks out of its restrictive prompt corrective action (PCA) frame... Read more

Syndicate Bank To Offer Shares To Employees At Discounted Rates

Public sector lender Syndicate Bank has proposed to launch Employee Share Purchase Scheme (ESPS) in the first week of Ma... Read more

Assocham Awards For KVG Bank

The Associated Chambers of Commerce and Industry of India (Assocham) has presented four awards to Dharwad-headquartered... Read more

RBI To Issue New ₹100 Bank Note

The Reserve Bank of India, on Tuesday, said it would shortly put into circulation ₹100 denomination bank notes in the ... Read more

RBI To Infuse ₹12,500 Cr Through OMO On Thursday

The Reserve Bank of India (RBI) on Tuesday said it would infuse ₹ 12,500 crore into the system through open market ope... Read more

IBC To Play Significant Role In India Becoming $ 10 Trillion Economy, Says MCA

Insolvency and Bankruptcy code (IBC) will play a significant role in India realising its dream of evolving into a $ 10 t... Read more

Wallet Payments And Some Alternatives That Dont Require KYC

KYC to be made mandatory for users from September 1 Read more

RBI Revamps Pay Of Bank CEOs, Directors To Reflect Performance

Come FY2020, private sector banks, foreign banks operating under the Wholly Owned Subsidiary (WOS) Model and foreign ban... Read more

AP Allocates Rs 250 Crore For Agrigold Depositors

The company which started operations in 1995 collected deposits from AP mainly and also Telangana, Karnataka, Punjab, Ch... Read more

Frame Crypto Policy Within A Month, SC Tells Govt

In a move that has revived the hopes of the crypto currency industry in India, the Supreme Court (SC) has directed the C... Read more

Deadline Extended: E-wallets Get More Time For KYC

In a big breather to pre-paid instrument issuers such as Amazon Pay, Obopay, Oxigen Services and PayU, the Reserve Bank ... Read more