IOB Posts ₹144-crore Net Profit In Q4
Indian Overseas Bank (IOB) has reported a turnaround in its operations as the Chennai-headquartered PSB posted a net pro... Read more
UCO Bank Says 25-30 Per Cent Of Borrowers Opted For Moratorium
Public sector UCO Bank said on Thursday that 25 to 30 per cent of its borrowers have opted for the moratorium which was ... Read more
Yes Bank, UDMA Technologies Launch Digital Wallet Yuva Pay
Yes Bank announced on Thursday the launch of ‘Yuva Pay, a digital wallet, in partnership with UDMA Technologies to ena... Read more
IRDAI Sets Up Panel On Insurance For Use Drones
The Insurance Regulatory and Development Authority of India (IRDAI) has formed a working group to suggest insurance prod... Read more
IOB Back In Black, Posts ₹143.79 Cr Net Profit In Q4
Indian Overseas Bank (IOB) swung into black, posting a net profit of ₹143.79 crore in the quarter ended March 2020 as ... Read more
Bank Of India Posts Net Loss Of ₹3,571 Crore In Q4 On Sharp Rise In Loan-loss Provisions
Bank of India (BoI) slipped into the red, reporting a net loss of ₹3,571 crore in the fourth quarter ended March 31, 2... Read more
Bank Of India Reports Q4 Loss At ₹3,571 Cr
Bank of India on Thursday reported a standalone net loss of ₹3,571.41 crore for the quarter ended March 31, 2020 due t... Read more
Bharti AXA Life Rolls Out Combo Product In Covid-19 Times
New product ‘Health and Life Secure’ has been built ‘grounds up’ based on survey findings, says Bharti Enterpris... Read more
Dvara KGFS Sets Fund-raising Target Of ₹600 Crore For FY21
Dvara KGFS, a non-banking finance company focusesd on financial inclusion, has set a fund-raising target of ₹600 crore... Read more
RBI Staff Union Hails Proposed Ordinance On Co-operative Banks
The All-India Reserve Bank Employees’ Association (AIRBEA) has welcomed the decision of the Union Cabinet to promulgat... Read more
The Threat Posed By 96,000 Rural Co-operatives Outside RBI Compass
Ordinance to bring urban co-ops under RBI regulation is welcome, but the large number of rural co-ops outside its purvie... Read more
Payments Made Via Google Pay Fully Protected: NPCI
Our Bureau Google Pay operates under the UPI framework of the National Payments Corporation of India and is classified a... Read more
Federal Bank To Buy Additional 4 Per Cent Stake In IDBI Federal Life Insurance
Will buy additional stake for over Rs 80 crore Read more
Private Banks: Now, RBI Can Frame Reconstruction Scheme Without Putting Moratorium In Public Domain
Call this a fallout of the recent YES Bank debacle and its subsequent rescue episode. The Centre has now decided to empo... Read more
RBI Guidelines On Digital Lending To Help Borrowers
RBI directs banks, NBFCs and digital lending platforms to adhere to the Fair Practices Code in letter and spirit Read more