Online Shopping, Contactless Payments Here To Stay: Mastercard Survey
More consumers are moving to e-commerce with concerns over hygiene and prefer contactless payments in the wake of the co... Read more
Federal Bank Gets Board Nod To Raise Up To ₹12,000 Cr
Federal Bank on Tuesday said it plans to raise up to ₹12,000 crore, majority of which is targeted to come through borr... Read more
About 70% Of The People Who Can Afford Health Insurance Dont Have It: Bajaj Allianz General Insurance Head Tapan Singhel
The Covid-19 led economic crisis will not lead to a shrinking of business for the general insurance industry, believes T... Read more
RBI Extends Special Liquidity Window For YES Bank By Another Three Months
Providing further support to private sector lender YES Bank, the RBI is understood to have extended the special liquidi... Read more
ECLGS: Private Banks Too Do Some Heavy Lifting, Reveal Finance Ministry Data
Aggregate loan sanctions by PSBs and private banks at ₹75,426.39 crore; disbursements at ₹32,894.86 crore Read more
`Yes Bank Has Adequate Liquidity To Meet All Obligations
Interest on Upper Tier II bonds will be paid when the bank meets the minimum regulatory capital ratio. Read more
RBI To Payments Players: Raise The Level Of Public Awareness On Digital Frauds
In view of the increasing instances of payment frauds, the Reserve Bank of India (RBI) has asked all authorised payment ... Read more
Karnataka Bank Launches New Product For MSMEs
Karnataka Bank has launched a new product – ‘KBL Micro Mitra’ – where financial assistance up to ₹10 lakh will... Read more
Dhanlaxmi Bank Posts ₹65.78-crore Net Profit In FY20
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 Aims To Boost Presence In North-eastern And Southern Markets
Fino Payments Bank is looking to increase its penetration in the eastern, north-eastern and southern markets, primarily ... Read more
Shriram Housing Finance Raises ₹250 Crore
Shriram Housing Finance Ltd (SHFL), on Monday, said it has raised ₹250 crore via five-year term loan from a public sec... Read more
ICICI Bank Sells 1.5% Stake In ICICI Prudential Life Insurance
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 Enters Gold-loan Market
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 FY20 Net Profit Surges To ₹111 Crore
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 Banks Expects To Open 2.4 Lakh New Accounts In Q1
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