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
IBC To Play Significant Role In India Becoming $ 10 Trillion Economy, Says MCA
Insolvency and Bankruptcy code (IBC) will play a significant role in India realising its dream of evolving into a $ 10 t... Read more
Wallet Payments And Some Alternatives That Dont Require KYC
KYC to be made mandatory for users from September 1 Read more
RBI Revamps Pay Of Bank CEOs, Directors To Reflect Performance
Come FY2020, private sector banks, foreign banks operating under the Wholly Owned Subsidiary (WOS) Model and foreign ban... Read more
AP Allocates Rs 250 Crore For Agrigold Depositors
The company which started operations in 1995 collected deposits from AP mainly and also Telangana, Karnataka, Punjab, Ch... Read more
Frame Crypto Policy Within A Month, SC Tells Govt
In a move that has revived the hopes of the crypto currency industry in India, the Supreme Court (SC) has directed the C... Read more
Deadline Extended: E-wallets Get More Time For KYC
In a big breather to pre-paid instrument issuers such as Amazon Pay, Obopay, Oxigen Services and PayU, the Reserve Bank ... Read more
Four Indian IL&FS Staff In Ethiopia Released From Captivity
They had been held captive by Ethiopian employees over salary dues Read more
Near-term Outlook Mixed For Rupee
The Indian rupee remained stable in a narrow sideways range between 70.9 and 71.35 last week. Weakness in the US dollar ... Read more
Coverfox To Unveil Customised Micro-insurance Products Soon
Online insurer eyes tie-ups to cater to millennials Read more