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
PFRDA Introduces OTP-based Onboarding For NPS Scheme
Investors can now open an NPS account through internet banking using OTP received on their registered mobile number Read more
IndiaFirst Life To Offer Covid-19 And Hospital Cash Cover To Bank Of Baroda Credit Card Customers
IndiaFirst Life Insurance has associated with BOB Financial Services Ltd (BOB Financial), a wholly-owned subsidiary of B... Read more
IOB Converts Landmine Of NPAs Into Goldmine, Says CEO
Indian Overseas Bank (IOB), which has been under the Reserve Bank of India’s prompt corrective action (PCA) since Octo... Read more
Fintech, Digital Lenders Launch Schemes For MSME Credit
As banks are being prodded by the government to extend liquidity support to micro, small and medium enterprises (MSMEs),... Read more
Bankers In India Are More Productive Working From Home
Work from home may remain part of the norm for many in India’s financial industry beyond the end of the worlds biggest... Read more
Goldman India CEO Tells Clients Liquidity Is The Biggest Theme
Goldman Sachs Group Inc is telling clients in India to fortify their balance sheets to prepare for the uncertainty broug... Read more
NBFC Ratings Cut At S&P As Covid-19 Pandemic Worsens Liquidity Woes
Credit scores of several non-banking financial companies (NBFCs) were downgraded by S&P Global Ratings due to liquid... Read more
Maharashtra Banks Unable To Offer Fresh Crop Loans To Defaulting Farmers
Banks in Maharashtra are unable to sanction fresh crop loans to some farmers as rules don’t permit them to extend fres... Read more
Banks Report Higher Demand For Car, Consumer-durable Loans
However, NBFCs say demand largely coming from small businesses, shopkeepers Read more