DHFL Defaults On Repayment Of NCDs Worth ₹50 Crore
Distressed Dewan Housing Finance Corporation Ltd (DHFL) has defaulted on payment for a principal amount of ₹50 crore o... Read more
DHFL Defaults On NCD Repayments Of ₹50 Cr
Says it can’t pay due to moratorium restrictions Read more
Federal Bank Total Deposits Up 17%, Gross Advances Rise 8% In Q1 FY 21
Private sector lender Federal Bank reported a 17 per cent increase in its total deposits in the first quarter of 2020-21... Read more
HDFC Bank Q1 Deposits Rise 25%, Advances Up 21%
Private sector lender HDFC Bank reported a 25 per cent increase in its deposits in the first quarter of the fiscal along... Read more
Union Bank To Offer Insurance Products After Merger With Andhra Bank And Corporation Bank
Following the amalgamation of Andhra Bank and Corporation Bank with Union Bank of India (UBI) with effect from April 1, ... Read more
Job Losses, Pay Cuts Impact? Bank Deposits Sink ₹74,727 Cr As Of June 19
Either people are dipping into savings or diversifying into MFs and stocks Read more
Swiggy Ties Up With ICICI Bank To Launch Digital Wallet
‘Swiggy Money’ helps customers hassle-free payment for food orders Read more
Axis Bank Board To Meet On July 2 To Explore Fund Raising
The board of directors of private sector lender Axis Bank will meet on July 2 to look at fund-raising plans.While the ba... Read more
Covid-19 Fallout: Insurance Plans With OPD Component Covering Mental Illnesses To See Spike In Demand
Insurance plans with specific OPD component covering mental illnesses is likely to witness a rise with the Covid-19 pand... Read more
Fino Payments Bank Looks To Other States After Success In Onboarding Women Bankers Through Bihars Jeevika Scheme
Fino Payments Bank, which has been working with the Bihar government to train women through the state’s Jeevika scheme... Read more
J&K Bank Slips Into Red With ₹294-crore Q4 Net Loss
Jammu & Kashmir Bank (J&K Bank) has slipped into the red, reporting a standalone net loss of ₹294 crore for t... Read more
Central Bank Of India Q4 Net Loss Narrows To ₹1,529 Crore
Our BureauCentral Bank of India’s net loss narrowed to ₹1,529 crore in the fourth quarter ended March 31, 2020, agai... Read more
Equitas SFB To Offer Gold Loans To Customers
Our BureauEquitas Small Finance Bank is offering gold loans to customers to meet their cash requirements. “Loans secur... Read more
Bullish On India, Mastercard Plans To Invest $1 Billion In Next Five Years
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
The Reserve Bank of India (RBI) has decided to conduct simultaneous purchase of Government Securities (G-Secs), maturing... Read more