Axis Bank More Than Doubles Loan Provisions For Troubled Sectors
Axis Bank is setting aside more capital, more than twice over the regulatory requirements, for loans in sectors it has i... Read more
Experts Say RBI May Cut Interest Rates Again To Support Growth
The Reserve Bank may cut interest rates for the sixth straight time on December 5 to support growth that has continued t... Read more
Indias Credit Card Industry Has Room For Growth Despite Challenges
With low card penetration, is India's credit card industry a victim of arrested development or will it embrace opportuni... Read more
Government Plans To Amend IBC To Ring-fence Buyers Of Stressed Assets From Prosecution
May move an amendment during the current Winter Session of the Parliament Read more
ECL Finance Mops Up ₹515 Cr Via NCD Issue
Edelweiss Financial Services Ltd (EFSL) on Sunday said the public issue of secured redeemable non-convertible debentures... Read more
Credit Rating Agencies May Face Methodology Scrutiny: Nirmala Sitharaman
Companies rated 'Highest' collapsed immediately Read more
'City Union Bank Banked On Its Core Strengths And Avoided Scale Trap'
City Union Bank is a classic example of how banks should use their core strengths to grow in a steady manner without g... Read more
IndiaFirst Life Insurance Partners With Spice Money For Insurance Khata Product
IndiaFirst Life Insurance has entered into a strategic and technical partnership with Spice Money, a tech-led financial ... Read more
RBI Should Be Given Full Power To Regulate Co-op Banks: Satish Marathe
In a letter to Finance Minister Nirmala Sitharaman, RBI Central Board Director Marathe also suggested that a broad-based... Read more
Arohan Financial Shelves IPO Plan
To focus on ₹1,800 crore fresh funding Read more
Q2 Results: Lakshmi Vilas Bank Net Loss Widens
Lakshmi Vilas Bank on Saturday reported a net loss at Rs 357.17 crore for the quarter ending September 30, 2019. The Tam... Read more
Indian Consumers Warm Up To Digital Payments
Digital payment companies invest strongly in brand building and are overt in their efforts to deliver an engaging custom... Read more
In Digital Push, RBI Nixes NEFT Fee For SB A/c Customers From Jan
There’s good news for customers in the New Year. As part of its agenda for furthering digital payments, the Reserve Ba... Read more
IDBI Banks Net Loss Narrows To ₹3,459 Cr
IDBI Bank’s net loss in the September quarter has narrowed to ₹3,459 crore, against a net loss of ₹3,602 crore in ... Read more
Allahabad Bank Loss Widens To ₹2,114 Cr
Our BureauDragged down by higher provisioning, Allahabad Bank saw its losses widening to ₹2,114 crore for the quarter ... Read more