MUMBAI : Banks, non-banking finance companies (NBFCs) and fintech companies that are into the business of lending are looking at …
Interest waiver may disturb banks’ asset-liability balance: Uday Kotak
MUMBAI: Wading into the debate over interest waiver during moratorium, Uday Kotak, managing director and chief executive of Kotak Mahindra …
Banks, NBFCs gear up to tackle biggest loan collection exercise post lockdown
MUMBAI: Banks and non-banking financing companies (NBFCs) are looking at strategies to tackle the biggest loan collection challenge they will …
Aegon Life launches 1-year term insurance with COVID-19 cover. How to buy using the Flipkart app
Aegon Life has launched a term life insurance with a COVID-19 cover for hospitalisation expenses up to Rs 1 lakh …
How to register for PNB mobile banking: Step-by-step guide
With innovation in technology, banking has been made easier for customers. The customer can now easily know about their bank …
Yes Bank moratorium to end in ‘3 working days’, rescue plan notified
The government has notified the reconstruction scheme for capital-starved Yes Bank. The restrictions on withdrawals from its accounts up to ₹50,000 will …
RBI asks state govts not to move deposits out of private banks
NEW DELHI : The Reserve Bank of India (RBI) has asked state governments not to transfer their deposits out of private …
Under the scanner: RBI to check if Yes Bank auditor BSR had raised red flags
MUMBAI: The Reserve Bank of India will check whether Yes Bank’s statutory auditor had raised any red flags in the past year, …
Level launches a mobile banking app offering 1% cash back on debit purchases, 2.10% APY
A number of startups are taking on big banks with new apps that offer modern, mobile banking experiences, innovative features …
Banking for aspirational India
The Union Budget 2020-21 reaffirms the agenda to push bank reforms to foster a clean, reliable and robust financial sector …