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Category: Finance
HDFC Bank issues 4 lakh credit cards post-RBI ban
The bank also plans to partner with other entities to expand its customer base. Last week, HDFC Bank had announced a strategic tie...
Kerala High Court asks Dhanlaxmi Bank to adjourn AGM
The single bench of the high court gave an interim order directing the bank to adjourn the AGM to a day after one month after tran...
Muthoot Finance launches AI-powered virtual assistant
Available on the website and mobile app, the intelligent assistant enables users to apply for loans, address concerns, and perform...
India beats global average in fintech adoption: FM Nirm...
The value of digital transactions in India jumped to Rs 6 lakh crore in January-August 2021 from Rs 4 lakh crore in the entire 202...
Fintechs need to be regulated, says RBI deputy governor...
Banks bridge temporal gaps in requirement of money by providing liquidity services, Sankar said, as they are uniquely placed by di...
Indian Bank’s festive campaign offers special rates to ...
Highlights of the campaign include relaxation in the rates of interest for home loans, vehicle loans and jewellery loan schemes al...
Infrastructure NBFCs: On stable footing amidst a crisis
Having weathered Covid-19 well, their stronger balance sheet should enable NBFC-IFCs to be a vital partner in the implementation o...
India needs 4-5 more large banks of SBI’s size: Finance...
Already, the wide-scale consolidation exercise in the public-sector banking space in recent years has created some large lenders w...
2021 Bank Holidays October: Banks to remain shut for up...
List of Bank Holidays in October 2021, Bank Holidays in October 2021 in India: Banks in India will remain closed for up to 21 days...
Are bad banks really good?
As India recovers from its hardest ever economic hit due to Covid-19 the challenges going to be faced by the Bad Bank are not goin...
Federal Bank launches contactless credit card
Virtually launching the card, Shalini Warrier, the bank’s executive director & business head- retail, said, “Federal Bank has,...
Banks put loans worth over Rs 10,000 crore on sale in Q...
The assets on the block include some large accounts as well as some loans to small businesses where exposure is under Rs 50 crore.