Allow large NBFCs to offer full banking services: CII chief
India requires a much larger number of banks to take banking to every corner, new CII…
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Banking
A bank is a financial institution that accepts deposits from the public and creates a demand deposit while simultaneously making loans. Lending activities can be directly performed by the bank or indirectly through capital markets.
Ujjivan Small Finance Bank Q4 profit falls 7% to Rs 126.5 crore
Ujjivan Small Finance Bank (SFB) on Thursday reported a 7 per cent decline in its net…
India-Russia payments have stabilised, greater due diligence causing delays: Ashwini Kumar Tewari,…
Transactions between India and non-sanctioned Russian entities have now stabilised and are…
75 districts to get digital banking units by July: Indian Banks’ Association
All state-run banks, 10 private-sector banks and one small finance bank have started work…
Double-digit growth may be back in two-three quarters: Ramesh Iyer, vice-chairman & MD, Mahindra…
Mahindra Finance, which saw loans growing at just 1.5% in Q4FY22 despite a 54% jump in…
RBI’s rate hikes to weigh down on banking system credit growth: India Ratings
The surprise rate hike by the RBI signalling a reversal of the interest rate cycle will…
Digital banking units in 75 districts likely to become operational by July
Digital banking units in 75 districts, announced in the Budget to commemorate the 75 years…
LVB in fold, we are now betting on gold loan, MSME businesses: Prashant Joshi, MD & head,…
Post the amalgamation of Lakshmi Vilas Bank (LVB) into its fold, DBS Bank India has grown…
Shriram Housing Finance AUM to rise at a wholesome clip in FY23
Property underneath administration (AUMs) of reasonably priced housing participant Shriram…
Bajaj Finance posts Rs 2,420 crore consolidated web revenue in March quarter
Buoyed by wholesome shopper sentiments, Bajaj Finance on Tuesday reported its highest ever…