IMGC To Pay Claims If Lenders Face Delinquencies Due To Job Losses, Pay Cuts For Home-loan Borrowers
India Mortgage Guarantee Company (IMGC) has braced itself to pay claims that may arise if lenders face delinquencies due... Read more
ICICI Bank Sells 1.5% Stake In ICICI Prudential Life Insurance
Private sector lender ICICI Bank has sold 1.5 per cent stake in its life insurance arm, ICICI Prudential Life Insurance,... Read more
IRDAIs New Covid-19 Cover Likely To Be Priced At ₹600-3,000
Expected to cover cost of consumables Read more
Tata Sons Chandrasekaran Re-nominated To RBI Central Board
The Central government has re-nominated Natarajan Chandrasekaran as a part-time non-official director on the Reserve Ban... Read more
RBI May Resort To Bond Buying To Tame Yields
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
Covid-19 Impact: Patients Under Home Isolation In Dilemma Over Health Cover Claims
Expenses may not be reimbursed if they are not hospitalised subsequently Read more
Satin Creditcare Net Profit Down 77.5 Per Cent In Q4
Satin Creditcare Network Ltd (Satin Creditcare), a microfinance lender, on Monday reported a net profit of Rs 12.5 crore... Read more
With Unlock 1.0, MFIs See Improved Repayments, Loan Demand
Microfinance institutions (MFIs) have begun to see a rise in repayments as the lockdown eases. While MFIs expect to see ... Read more
SBI Card Launches Video-based Customer Identification Process
Video KYC process will enable seamless, safe, contactless customer on-boarding Read more
Shriram Transport Finance Gets Nod To Raise Up To ₹4,000 Crore
Shriram Transport Finance Company Ltd’s board of directors on Monday approved raising of funds, including via a rights... Read more
CSB Bank Cuts Net Loss To ₹60 Crore In Q4
Our Bureau Thrissur (Kerala) headquartered CSB Bank cut its net loss to ₹60 crore in the fourth quarter ended March 3... Read more
When Banking Is Essential But Bankers Arent
Mumbai bank staff cry foul as they are denied travel by local trains meant for ‘essential service providers’ Read more
Assessing Credit Risk In Uncertain Environment Is A Big Challenge
The Indian banking system, which is flush with surplus liquidity, is currently in a Catch-22 situation. Though it is imp... Read more
Bank Officers Ask IBA To Issue Uniform Safety Guidelines On Covid
The All-India Nationalised Banks Officers’ Federation (AINBOF) has urged the Indian Banks’ Association (IBA) to issu... Read more
Airtel Payments Bank Rolls Out Suraksha Salary Account For MSMEs
Airtel Payments Bank on Monday launched ‘Suraksha Salary Account’, designed specifically for Micro, Small and Medium... Read more