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Banks, NBFCs, fintech firms rush to register for ₹3 lakh crore MSME guaranteed loan scheme Eric Banking June 6, 2020 0MUMBAI : 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 Eric Banking June 4, 2020 0MUMBAI: 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 Eric Banking June 1, 2020 0MUMBAI: 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 Eric Insurance May 30, 2020 0Aegon 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 Eric Banking May 16, 2020 0With 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 Eric Banking March 14, 2020 0The 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 Eric Banking March 13, 2020 0NEW 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 Eric Banking March 11, 2020 0MUMBAI: 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 Eric Banking February 21, 2020 0A number of startups are taking on big banks with new apps that offer modern, mobile banking experiences, innovative features...
Banking for aspirational India Eric Banking February 7, 2020 0The Union Budget 2020-21 reaffirms the agenda to push bank reforms to foster a clean, reliable and robust financial sector...