Oct 20, 2021 07:46 PM IST
Co-lending guidelines were introduced by the RBI in 2018 to push lending in priority sectors including rural areas, renewable energy and MSMEs.
- Oct 14, 2021 09:42 AM IST
Fundamentals are narrowing the gap with high valuations, and September quarter results are expected to back this up
- Oct 13, 2021 07:42 PM IST
Banks recent disclosure on advances in second quarter reveal economic recovery has kicked-in, analysts believe the numbers are encouraging but asset quality stress could remain elevated in second quarter.
- Oct 12, 2021 01:22 PM IST
The Chennai-headquartered company is now valued at $335 million and intends to use these funds to grow its network to Indonesia, Bangladesh, Vietnam, and the Middle East and North Africa (MENA) region.
- Oct 07, 2021 10:23 AM IST
Loans carry interest rates of 6.75-7.15 percent
- Oct 01, 2021 10:27 AM IST
Banks have become serious about how they collaborate with fintech companies and derive the maximum value out of these partnerships. Acquiring a stake in the new-age companies is one way of doing it and banks are looking to go big on this.
- Sep 30, 2021 01:28 PM IST
- Sep 26, 2021 05:50 PM IST
Sitharaman said there was an urgent need to scale up banking to not only meet the growing needs of the industry, but also to ensure that all economic centres of the country are covered with at least one physical or digital banking presence.
- Sep 20, 2021 08:03 PM IST
"The move to reduce interest rates by few banks is encouraging and will create competitive housing finance options for the home buyers and eventually will pave the way for robust housing demand,” said Jayesh Rathod, Executive Director, The Guardians Real Estate Advisory.
- Sep 17, 2021 10:49 AM IST
In the backdrop of RBI's status quo on policy rates and banks' concessional interest rates on home loans during the festive season, it is time for those who are paying substantially higher rates to switch lenders
- Sep 09, 2021 02:21 PM IST
Kotak Mahindra Bank's limited period offer will be available till November 8, 2021. Further, the reduced interest rate of 6.5 percent will be applicable across all loan amounts and will be linked to a borrower’s credit profile.
- Sep 07, 2021 06:12 PM IST
The agency said its stable outlook on large private banks indicates their continued market share gains both in assets and liabilities, while competing intensely with public sector banks (PSBs). Most have strengthened their capital buffers and proactively managed their portfolio.
- Sep 07, 2021 08:34 AM IST
The AA system will disrupt banking as we know it. But it is not all threat to banks, they have new opportunities too
- Sep 06, 2021 08:27 PM IST
People should invest a part of their savings for an emergency in liquid assets. Although interest rates are going down, people should consider investing a certain percentage of their portfolio in fixed deposits (FDs) that offer higher returns for a one-year tenure. We have made a list of five banks that offer high-interest rates on FDs.
- Aug 26, 2021 06:24 PM IST
Reluctance to borrow both by businesses and consumers means banks are turning to the least lucrative asset
- Aug 26, 2021 11:59 AM IST
The EASE 4.0 reforms look at reforming public sector banks with tech-enabled, simplified and collaborative banking
- Aug 24, 2021 08:03 PM IST
Benchmark indices ended higher with Nifty above 16,600 led by the metal, pharma, banks and power stocks. At close, Sensex was up 403 points and Nifty gained 128 points. BSE midcap and smallcap indices gained over 1 percent each. Among sectors, except IT and FMCG, all sectoral indices ended in the green.
- Aug 19, 2021 04:53 PM IST
Nitin Chugh's tenure as Director of the bank, which is co-terminus with his tenure as Managing Director and CEO, would also end after his resignation comes into effect, Ujjivan SFB said.
- Aug 17, 2021 07:08 PM IST
"The bank may at its discretion offer a discount of not more than 5 percent on the floor price so calculated for the QIP," the regulatory filing noted.
- Aug 10, 2021 02:32 PM IST
These banks include HDFC, Axis and Punjab National Bank, NBCC sources have said
- Aug 04, 2021 04:58 PM IST
This extended time can be utilised by banks to engage with their borrowers to arrive at mutually satisfactory resolutions within the ambit of the circular, the RBI said.
- Jul 29, 2021 08:06 PM IST
Listed SMEs and startups will become globally competitive and offer a significant contribution to India's economic development and job creation, say experts.
- Jul 26, 2021 03:28 PM IST
Scheduled commercial banks (SCBs) were carrying NPAs worth Rs 8.96 lakh crore on their balance sheet at the end of March 2020.
- Jul 14, 2021 03:27 PM IST
Interest rates start from 6.65 percent
- Jul 14, 2021 01:06 PM IST
SBI has urged the users to go to the Income Tax e-filing portal and link PAN and Aadhaar to enjoy 'seamless banking services'.