All News Under "Finance" RSS ATOM

Bullish On India, Mastercard Plans To Invest $1 Billion In Next Five Years

Finance - Published date: .

Mastercard, a technology company in the global payments industry, remains committed to invest $1 billion in India over ... Read more

RBI To Conduct Fresh OMO Purchase Of Govt Securities

Finance - Published date: .

The Reserve Bank of India (RBI) has decided to conduct simultaneous purchase of Government Securities (G-Secs), maturing... Read more

PFRDA Introduces OTP-based Onboarding For NPS Scheme

Finance - Published date: .

Investors can now open an NPS account through internet banking using OTP received on their registered mobile number Read more

IndiaFirst Life To Offer Covid-19 And Hospital Cash Cover To Bank Of Baroda Credit Card Customers

Finance - Published date: .

IndiaFirst Life Insurance has associated with BOB Financial Services Ltd (BOB Financial), a wholly-owned subsidiary of B... Read more

IOB Converts Landmine Of NPAs Into Goldmine, Says CEO

Finance - Published date: .

Indian Overseas Bank (IOB), which has been under the Reserve Bank of India’s prompt corrective action (PCA) since Octo... Read more

Fintech, Digital Lenders Launch Schemes For MSME Credit

Finance - Published date: .

As banks are being prodded by the government to extend liquidity support to micro, small and medium enterprises (MSMEs),... Read more

Bankers In India Are More Productive Working From Home

Finance - Published date: .

Work from home may remain part of the norm for many in India’s financial industry beyond the end of the worlds biggest... Read more

Goldman India CEO Tells Clients Liquidity Is The Biggest Theme

Finance - Published date: .

Goldman Sachs Group Inc is telling clients in India to fortify their balance sheets to prepare for the uncertainty broug... Read more

NBFC Ratings Cut At S&P As Covid-19 Pandemic Worsens Liquidity Woes

Finance - Published date: .

Credit scores of several non-banking financial companies (NBFCs) were downgraded by S&P Global Ratings due to liquid... Read more

Maharashtra Banks Unable To Offer Fresh Crop Loans To Defaulting Farmers

Finance - Published date: .

Banks in Maharashtra are unable to sanction fresh crop loans to some farmers as rules don’t permit them to extend fres... Read more

Banks Report Higher Demand For Car, Consumer-durable Loans

Finance - Published date: .

However, NBFCs say demand largely coming from small businesses, shopkeepers Read more

Tamilnad Mercantile Bank Records 58% Increase In FY20 Net Profit

Finance - Published date: .

Loans to priority sector like agri, MSME, education up by 10.50% Read more

Savers Plight: Interest Rates Across Bank Deposits, Small Savings At Multi-decade Low Levels

Finance - Published date: .

With the RBI cutting its policy repo rate sharply over the past few months amid growing pandemic concerns, banks, too, h... Read more

Yes Bank Invokes Pledged Shares Of Jhabua Power And Avantha Realty

Finance - Published date: .

Private sector lender Yes Bank has acquired stake by invoking pledged shares of Jhabua Power and Avantha Realty after de... Read more

In FY20, More Than 77 Per Cent Of Borrowers Are First Generation Entrepreneurs: Survey

Finance - Published date: .

Nearly 77.6 per cent of the borrowers in financial year 2020 were first-generation entrepreneurs, of which 14.5 per cent... Read more