Budget Proposal Not To Charge MDR Will Hurt Industry, Says Payments Council
The payments industry has raised concerns over the Budget proposal to levy zero MDR on all merchants and has said it wil... Read more
NABARD Sees Further Consolidation In Rural Banks Space This Fiscal
Bank moving towards risk-based supervision of banks governed by it Read more
ICICI Securities To Offer Retail Loans To Customers
Selling these products will earn it a distribution commission, the firm said Read more
No Proposal With IRDAI For 10% Stake Sale In Max Life To Axis Bank: MFS
However, the bancassurance relationship between Max Life and Axis Bank will continue Read more
Indias Large Exposure Regulations Compliant With Basel Framework
The Basel large exposures framework addresses the concentration risk that could arise as a result of a bank’s exposure... Read more
5 Tips To Help You Recover From A Catastrophe
USAA has provided answers to some of the main questions people have about recovering from a catastrophe. Read more
In NHB Refinancing Bid, DHFL May Seek Relief From Keeping 51% Of Its Assets As Home Loans
The company’s individual housing loan portfolio has dipped due to continuous sale of retail home loans to banks via se... Read more
Open Refinancing Window For Crisis-hit Non-banking Financial Companies Sector
Growth and not solvency is the issue, says FIDC Read more
ED Attaches Simbhaoli Sugars Assets Worth ₹110 Crore In Bank-fraud Case
It is alleged that the company has diverted the loan funds intended for farmers Read more
CBI Turns Up The Heat On Bank Fraudsters, Conducts Raids In 50 Places Across Country
‘Fresh cases’ relate to scams totalling ₹1,135 crore, says the agency Read more
RBI Imposes Penalty On Allahabad Bank, UCO Bank
The Reserve Bank of India has imposed a penalty of ₹50 lakh each on Allahabad Bank and UCO Bank for non-compliance wit... Read more
PSBs Need ₹50,000-crore Growth Capital This Fiscal: SBI Report
‘Consolidation will improve banks’ ability to lend for developmental needs’ Read more
NFRA-1 Form To Be Filed By July 31
The National Financial Reporting Authority (NFRA), the newly set up audit profession regulator, has now made it mandator... Read more
Bharti Airtel, Bharti Enterprises Infuse ₹325 Crore In Payments Bank
Bharti Airtel and Bharti Enterprises have injected about ₹325 crore in Airtel Payments Bank, as per regulatory documen... Read more
Number Of Bank Fraud Declines To 6,735 In 2018-19: Nirmala Sitharaman
The bank fraud incidence involving over ₹1 lakh has declined to 6,735 in 2018-19 as compared to 9,866 in the previous ... Read more