Kerala Extends Moratorium On Farm-loan Repayment Till December
The State cabinet on Tuesday announced a number of steps including extending the moratorium on loan recovery till Decemb... Read more
World Bank To Provide $250 Mn To Boost Rural Income
The $250 million loan has a five-year grace period, and a final maturity of 20 years Read more
Bank Of Baroda Slashes Lending Rate By 10 Basis Points
Banks have been lagging in passing on the RBI rate cuts to end-borrowers, citing higher credit cost due to the massive N... Read more
Reliance AIF To Launch Its First Commodity-focused Fund
Plans to mop up ₹ 700 cr investment Read more
DBS Bank Launches First Branch In Ahmedabad
DBS Bank on Tuesday inaugurated its first branch in Ahmedabad with a focus on catering to the needs of Small and Medium-... Read more
RBI Imposes ₹1-crore Fine On Yes Bank For Non-compliance In Swift Operations
Private sector lender Yes Bank on Tuesday said the Reserve Bank of India has slapped a fine of ₹ 1 crore on the bank f... Read more
IBBI Suggests Ground Rules For Resolution Professsionals, Committee Of Creditors
This charter, which is not mandatory, has been prepared in consultation with the three insolvency professional agencies Read more
Banks See Upsurge In Rural Credit Growth
Loans to finance agricultural and allied activities drive rural lending Read more
A Smooth Sailing For Ayushman Bharat Scheme In TN
Back-end system, processes under the State’s earlier health scheme, makes integration easy, but tackling cases from ot... Read more
With $22 B Gone, Indias NBFCs To Face Darker Days
As key engines of loan growth in the world’s fastest-expanding major economy, they once were investor favourites. But ... Read more
Corp Bank, Allahabad Bank, Dhanlaxmi Bank Out Of PCA
The Reserve Bank of India seems inclined to bring more banks out of its restrictive prompt corrective action (PCA) frame... Read more
Syndicate Bank To Offer Shares To Employees At Discounted Rates
Public sector lender Syndicate Bank has proposed to launch Employee Share Purchase Scheme (ESPS) in the first week of Ma... Read more
Assocham Awards For KVG Bank
The Associated Chambers of Commerce and Industry of India (Assocham) has presented four awards to Dharwad-headquartered... Read more
RBI To Issue New ₹100 Bank Note
The Reserve Bank of India, on Tuesday, said it would shortly put into circulation ₹100 denomination bank notes in the ... Read more
RBI To Infuse ₹12,500 Cr Through OMO On Thursday
The Reserve Bank of India (RBI) on Tuesday said it would infuse ₹ 12,500 crore into the system through open market ope... Read more