Max Financial Services: No Exposure To Yes Bank AT1 Bonds
Max Life Insurance or Max Financial has no exposure to Yes Bank AT1 bonds, Max Financial Services said in a regulatory f... Read more
As RBI Allays YES Bank Depositors Fears, Crisis Spreads To NBFCs, Fintech Players
Beleaguered lender owes ₹662 crore to Indiabulls Housing Read more
Banks Turning Wary Of Large Exposures Mainly Due To NPA Fear: FICCI-IBA Survey
Banks are exercising caution while taking exposure to large enterprises due to apprehension on asset quality, lower econ... Read more
25,000-cr LTRO: Reserve Bank Gets ₹1.71-lakh-cr Bids
Our BureauThe banking sector’s appetite for long-term funds via the Reserve Bank of India’s long-term repo operation... Read more
Northern Arc Cap Closes Indias First Invoice-backed Securitisation Deal With Fintech Platform CredAble
Our Bureau Northern Arc Capital, a debt platform for NBFCs, on Monday announced the closure of India’s first invoice-... Read more
Zomato Inks Partnership With RBL Bank, Mastercard
Food aggregator Zomato has inked a strategic partnership with RBL Bank and Mastercard to launch a co-branded credit card... Read more
Merger Of Allahabad Bank And Indian Bank Will Generate Business Of ₹10-lakh Crore In Next Two Years
The merged entity of Allahabad Bank and Indian Bank will register a business of ₹10-lakh crore in the next two years. ... Read more
Time Ripe For Innovation In Fintech Space, Says Sequoia Capital India MD
GV Ravishankar cites growth of smartphone and digital infrastructure, emergence of experienced founders Read more
SMEcorner Raises $30 Million In Debt, Equity
Rajesh Kurup SMEcorner, a fintech SME lender, has raised $30 million through a combination of debt and equity, led by pr... Read more
CredAble, Northern Arc Capital Tie-up For Online Bill Discounting Business
CredAble, a supply chain financing fintech platform, announced closure of India’s first invoice- backed securitisation... Read more
Unions Fear Bank Officers May Be Hauled Up If Farm Loans Turn Sour
The loans were extended to small and marginal farmers during a recent two-week campaign Read more
HDFC Banks Aditya Puri Sells 12.52 Lakh Shares Worth ₹151 Cr
The CEO is looking to offload more of his stake ahead of his retirement Read more
Goldman Sachs Pleads Not Guilty In 1MDB Case
Three units of Goldman Sachs pleaded not guilty on Monday in Malaysia over the investment bank’s alleged role in the m... Read more
Why The European Central Bank Is In For A Coronavirus Shocker
It was the calm before the storm. Last week, new data showed that the euro-zone economy had seen an encouraging rebound ... Read more