Economic Times
The concern comes amid a 17% rise in gold loans on a year-on-year basis and a 16.6% rally in the yellow metal's prices. Loans against gold jewellery s
It's unclear why the information was sought, but the Income Tax (I-T) department has directed these offshore funds to disclose the identities of the l
Indian Banks' Association and bank employee unions agreed on a 17% annual wage hike, costing public sector banks an additional Rs 8,284 crore yearly.
Credit bureau CRIF Highmark reports that women have borrowed at a faster pace than men in 2023, with the portfolio outstanding of women borrowers grow
Finance companies are expected to moderate loan disbursals following the banking regulator's recent restrictions on high-margin but potentially risky
The National Asset Reconstruction Company of India (NARCL) has been the winning bidder for six distressed accounts with outstanding debt of over ₹17
After discussions with all stakeholders, it was pointed out that procedural delays were the primary reason behind the lower exposure of public sector
The government has asked banks to compile a list of stalled projects under the SWAMIH fund to speed up their completion. Procedural delays and feasibi
Bank of Baroda offers special benefits for women account holders on International Women's Day, including interest rate concessions on loans and proces
NIMs will decline marginally as banks reprice maturing deposits at higher rates to fully reflect previous increases in interest rates. A slowdown of g
“The applicant (Sankaran) shall not tamper with the evidence or attempt to influence or contact any of the witnesses or persons concerned with this
“Elara Capital will extensively benefit from Manoj’s extensive business and leadership skills to help strengthen our business focus. His guidance
Vineet Tripathi has over two decades of experience with banks, insurance companies and NBFCs. In his previous stint, he served as the chief business o
The Central Bureau of Investigation (CBI) conducted raids across 67 locations in Rajasthan and Maharashtra in connection with suspicious Immediate Pay
AU Small Finance Bank, which has remained a western regional player, is set to expand into South as it is confident of replicating its model amid stro
RBI Governor Shaktikanta Das emphasizes support for Fintech while clarifying the action against Paytm Payments Bank (PPBL) as a response to non-compli
IIFL Finance announces a $200 million liquidity support from top shareholder Fairfax India, following the Reserve Bank of India's directive to halt go
The notification follows a draft circular issued in July last year which asked banks to issue cards from more than one network provider giving an opti
Eurobank, based in Athens, plans to establish a presence in India by opening a representative office in Mumbai. With 80.5 billion euros in assets and
The Reserve Bank of India (RBI) on Wednesday issued directives aimed at ensuring greater choice and flexibility for customers in the issuance of credi
