Interest on Upper Tier II bonds will be paid when the bank meets the minimum regulatory capital ratio. Read more

In view of the increasing instances of payment frauds, the Reserve Bank of India (RBI) has asked all authorised payment ... Read more

Karnataka Bank has launched a new product – ‘KBL Micro Mitra’ – where financial assistance up to ₹10 lakh will... Read more

Thrissur-based Dhanlaxmi Bank recorded a net profit of ₹65.78 crore in the financial year ended March 31, 2020, compar... Read more

Fino Payments Bank is looking to increase its penetration in the eastern, north-eastern and southern markets, primarily ... Read more

Shriram Housing Finance Ltd (SHFL), on Monday, said it has raised ₹250 crore via five-year term loan from a public sec... Read more

Private sector lender ICICI Bank has sold a 1.5 per cent stake in its life insurance arm, ICICI Prudential Life Insuranc... Read more

Hedge Finance, a leading NBFC in Kerala, has entered the gold-loan market by opening its first branch at Mamangalam in K... Read more

DBS Bank India on Monday reported an over six-fold increase in its net profit to ₹111 crore for FY20, against ₹14.5... Read more

Fino Payments Bank, on Monday, said it expects to end the first quarter of FY21 with 2.4 lakh new accounts and an overal... Read more

India Mortgage Guarantee Company (IMGC) has braced itself to pay claims that may arise if lenders face delinquencies due... Read more

Private sector lender ICICI Bank has sold 1.5 per cent stake in its life insurance arm, ICICI Prudential Life Insurance,... Read more

Expected to cover cost of consumables Read more

The Central government has re-nominated Natarajan Chandrasekaran as a part-time non-official director on the Reserve Ban... Read more

The Reserve Bank of India (RBI) may adopt its own version of yield-curve control as it digs deeper into its toolbox to c... Read more