Money & Banking

Karnataka Bank has promoted three of its Deputy General Managers (DGMs) – Raja BS, Nirmal Kumar Kechappa Hegde and Ravichandran S – as General ...

AU Small Finance Bank has launched a Platinum Family Banking Program that will offer facilities of family banking as well as offerings such as ...

Northern Arc Investments, the alternative investment arm of non-banking financial company Northern Arc Capital, today announced the successful ...

Terming capital markets as the engine of the country’s growth, veteran banker and CII President Uday Kotak, on Tuesday, said that policymakers need to ...

Receivables Exchange of India Ltd (RXIL), on Tuesday, said it recorded the highest monthly transaction volume of more than ₹1,000 crore in March in ...

Borrowers to access term loans from ₹50,000 up to ₹1 crore through a fast, hassle-free process; merchants across over 1,500 cities and towns in India to benefit

To raise additional ₹3,000 cr in debt funding in FY 2022

The app store was launched by Paytm in October 2020 to rival Google

Housing Development Finance Corporation Ltd (HDFC) has acquired 9.9 per cent stake in Kerala Infrastructure Fund Management Ltd.“...the Corporation ...

Liquidity created by central bank helped meet funds demand as recovery sustained

Telangana State Cooperative Apex Bank (TSCAB)'s gross profit increased 31 per cent at ₹67.20 crore during the financial year ended March 31,2021 as ...

The Reserve Bank of India (RBI), on Monday, withdrew the All Inclusive Directions it issued to Kolhapur-based Youth Development Cooperative Bank ...

Government security (G-Sec) prices rallied on Monday, the first trading day of the new financial year, on expectations that the monetary policy ...

The portfolios of BP Kanungo, who demitted office as Deputy Governor, Reserve Bank of India (RBI) on April 2, have been redistributed among the ...

HDFC Bank said its advances rose to ₹11.32-lakh crore from ₹9.93-lakh crore

The Finance Industry Development Council (FIDC) has written to the Maharashtra government seeking partial functioning of RBI-registered non-banking ...

Banks’ solvency position is relatively better, thereby providing some comfort to their loss-absorption abilities, according to ICRA.Capital raise, ...

Will announce outcome of the deliberations on April 7; experts feel RBI will maintain status quo on policy rates, policy stance to remain accommodative

Credit rating agency ICRA expects Banks’ Gross Non-Performing Assets (excluding write-offs) to rise to 9.6-9.7 per cent by March 31, 2021 and 9.9-10.2 ...

Country’s largest lender State Bank of India (SBI) has revised its home loan rate to 6.95 per cent effective April 1. With the revision, the lowest ...

Life insurers say impact limited till now

Deposits at ₹2.56 lakh crore as on March 31, 2021

Private sector lender HDFC Bank reported a 13.9 per cent growth in advances as on March 31, 2021 compared to a year ago and 16.3 per cent increase in ...

To persist with accommodative stance as recovery still tentative amid rising Covid cases