Finance

RBI Raises WMA Limit To ₹2-lakh Crore In H1 FY21

To tide over the situation arising from the outbreak of Covid-19 pandemic, the Reserve Bank of India (RBI), in consulta... Read more

Beware Of Cyber Frauds In Insurance: IRDAI

The Insurance Regulatory and Development Authority of India (IRDAI) has cautioned the general public about cyber fraudst... Read more

Fintech-led NBFCs Could Face Tough Time In FY21: India Ratings

Our BureauSmall fintech-led non-bank financial companies (NBFCs) could be in for greater trouble in the current fiscal d... Read more

Credit Growth Of Housing Finance Companies To Be Lower At 9-12% In FY21: ICRA

The credit growth of housing finance companies (HFCs) is likely to be lower at 9 to 12 per cent in FY21, vis-a-vis last ... Read more

Monetary Policy Committee To Meet 5 Times This Fiscal

The rate-setting Monetary Policy Committee (MPC) will be meeting five times in FY21, against seven in FY20.Usually, the... Read more

Fintech-led NBFCs Could Face Tough Times In FY21: Ind-Ra

Small, fintech led non-bank financial companies (NBFCs) could be in for greater trouble in the current fiscal due to the... Read more

Small Finance Banks May Get Breather From RBI On Listing

K Ram KumarWith the economy and financial markets thrown into turmoil due to Covid-19 outbreak, the Reserve Bank of Indi... Read more

How RBI Decision To Withhold Dividend Payout Could Help Banks Conserve Capital

15 banks paid over ₹7,164 crore as dividend for FY19 Read more

Why RBIs Liquidity Measures For NBFCs May Not Reach Last-mile Rural Borrowers

Chunk of mid, small NBFCs do not enjoy investment-grade rating, which leaves them out of the ambit of TLTRO Read more

HDFC Bank Posts Robust Q4 Results, But Cautions On Road Ahead

Over 95% of retail customers who took moratorium availed it as caution Read more

Telangana Grameena Banks FY20 Net Profit Surges To ₹172 Crore

Telangana Grameena Bank’s net profit increased manifold at ₹172 crore in the financial year ended March 31, 2020 as ... Read more

China Cuts Key Rate For Second Time This Year, More Easing Likely

It signals “counter-cyclical relaxation” in housing sector Read more

Microfinance Firms In Turmoil As Collections Come To A Grinding Halt

RBI’s liquidity measures may offer respite, but will banks buy bonds of small, medium MFIs? Read more

Micro-finance Players In Talks With RBI, Government For Moratorium, Liquidity Support

Hope to resume partial operations soon Read more

CSB Bank Gold Credit Scheme

CSB Bank has introduced a pre-approved gold credit scheme called ‘Akshaya Gold Credit Line (AGCL). CVR Rajendran, MD... Read more