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Banks Undertake Stress Tests To Assess Impact Of Covid On NPAs

Finance - Published date: .

Banks have undertaken stress tests to assess the level of bad loans or non-performing assets (NPAs) caused due to econom... Read more

SC Dismisses Anticipatory Bail Plea Of DHFL Promoters In YES Bank Case

Finance - Published date: .

The Supreme Court, on Friday, dismissed the anticipatory bail pleas of DHFL promoters Dheeraj Wadhawan and Kapil Wadhawa... Read more

UCO Bank Hopeful Of Coming Out Of RBIs PCA Framework; Posts Q4 Profit Of ₹17 Crore

Finance - Published date: .

UCO Bank is hopeful of coming out of the Prompt Corrective Action (PCA) measure of Reserve Bank of India as it has compl... Read more

South Indian Bank Posts Profit Of ₹105 Crore In FY20

Finance - Published date: .

South Indian Bank has reported a net profit of ₹105 crore for FY20 against ₹248 crore in the previous year.The decli... Read more

Insurance Tech Start-up Bima Mandi Aims To Serve Over 40 Lakh Customers In Next 10 Years

Finance - Published date: .

Insurance tech start-up Bima Mandi intends to serve more than 40 lakh rural customers across 125 districts and 1,000 vil... Read more

Kerala HC To Take Up SBI Appeal On July 1 NPS Rollout

Finance - Published date: .

The Kerala High Court is expected to take up on July 1 a writ appeal filed by the State Bank of India against a judgment... Read more

Standard Health Cover Arogya Sanjeevani Sales Picking Up: IRDAI Chief

Finance - Published date: .

The country’s first standard health cover policy, Arogya Sanjeevani, is gaining ground and is expected to see traction... Read more

RBIs Central Board Meets To Take Stock Of Economic Situation

Finance - Published date: .

The Reserve Bank of India’s central board, on Friday, took stock of the current economic situation and the evolving ch... Read more

Access To Funds A Major Challenge For MSMEs

Finance - Published date: .

International MSME Day 2020 is more of a sombre occasion requiring introspection instead of celebration. The pandemic ha... Read more

UCO Bank Q4 Net Profit At ₹16.78 Crore As NPAs Drop

Finance - Published date: .

Public sector lender UCO Bank on Friday reported net profit of ₹16.78 crore for the fourth quarter ended March 31, 202... Read more

PhonePe Partners With ICICI On UPI Multi-Bank

Finance - Published date: .

The new version of the app to add or create ICICI Bank’s UPI ID will be gradually rolled out to the users in the comin... Read more

If Not For Provisions, We Would Have Reported ₹200 Crore In Profit: Bank Of Maharashtra Chief

Finance - Published date: .

Bank of Maharashtra (BoM) would have posted higher profit in the fourth quarter of FY20, but for the conscious decision ... Read more

Karnataka Bank Board Members Opt For Cut In Sitting Fees

Finance - Published date: .

The directors on the board of Karnataka Bank have decided to take a cut in their sitting fees for board and committee me... Read more

Arohan Financial Services Looking To Raise ₹500 Crore In PE Funding

Finance - Published date: .

Kolkata-based microfinance institution (MFI) Arohan Financial Services Ltd is looking to raise close to ₹500 crore thr... Read more

Now, RBI Can Frame A Reconstruction Schemewithout Imposing Moratorium On Withdrawals

Finance - Published date: .

Call this a fallout of the recent YES Bank debacle and its subsequent rescue episode. The Centre has now decided to empo... Read more