New lender Bandhan has forayed into the high-ticket size NRI banking space. It also launched an international debit card in association with Visa
- Feb08By PTI
Reserve Bank of India today said that it has cancelled the certificate of registration of four non-banking financial companies.
No details were given by the apex bank for cancellation of
- Feb04By PTI
State Bank of India, which is looking to divest some of its stake in life and non-life insurance subsidiaries, today said that the process may take "a little time".
- Feb03By PTI
Government will infuse about Rs 5 000 crore capital in the public sector banks in the current fiscal to strengthen balancesheet.
"As committed banks will get fund infusion in
- Feb02By PTI
With lenders staring at huge loan losses on a review of top 150 defaulting accounts by Reserve Bank, its chief Raghuram Rajan today said the exercise is a part of
- Jan28By Devidutta Tripathy & Aditi Shah, Reuters
Indian banks, struggling to boost mainstay corporate loans, are finding a bright spot in a home-buying spree in the country’s towns that has driven mortgage-loan growth to the fastest rate
To improve the flow of institutional housing credit to the underserved segment, housing finance sector regulator National Housing Bank (NHB) has changed the eligibility criteria for refinance policy. NHB
- Jan21By PTI
The upcoming small finance banks will take time to develop a retail deposit franchise and securitisation of loans will be instrumental for their development, Moody's Investors Service said on Thursday.
The government has directed management of state-run banks to begin negotiations on next revision of salaries and allowances of its workers and officials at the earliest.
- Jan15By PTI
The Reserve Bank of India is expected to cut rates by 25 basis points in its policy review meet in April this year, a Deutsche Bank report said today.