Money & Banking

The investment will be through subscription to equity shares and other securities

Political circles fear that ‘voluntary’ amalgamation could become ‘compulsory’

It allows customers to set up a UPI e-mandate once, after which it’ll automatically top-up the wallet once the balance falls below a minimum level.

Promoters commit ₹900 cr to small bank; more clarity needed, say PMC depositors

The company to access remote locations and generate leads for housing, personal and business loans

Working with start ups and SMEs on group health covers

As part of its plan to build a 100 per cent retail company, the NBFC increased the share of retail finance

The transactions are collectively referred to as the “proposed combination”.

Bond yield declining about 3 basis points to 6.0192 per cent

Concerns over decline could hamper recovery

Lanco Infratech had outstanding dues of ₹215 crore

The second wave has led to an unprecedented increase in fatalities

The bank has added over 8.15 lakh new credit card customers

Working on digital and enterprise factories

RBI had on May 28 imposed ₹10-crore penalty on the bank

To use advanced analytics, machine learning based models

The Pune-headquartered public sector bank expects to tap the QIP route

Loans to be restructured as per RBI guidelines

The article refers to the recent ₹99,122-crore transfer to the Centre

Those who had availed of a loan before April 1, 2021, are eligible.

It highlights a V-shaped recovery with gradual and steady improvement in sourcing trends.

InsurTech platform Vital has raised $3 million with a pre-series A round led by venture capital company BLinC Invest. “Venture Catalyst, Survam ...

The company will invest through a structured debt mechanism in about 10-20 projects annually

Narula will be responsible for driving WPB business