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 …
YES Bank’s FD is providing free health insurance for coronavirus: Should you invest?
YES Bank has recently launched a new fixed deposit (FD) product bundled with a health insurance cover for COVID-19 illness. …
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 …
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 …
Private banks to gain most from Budget’s Rs 5 lakh cover
(This story originally appeared in on Feb 03, 2020) MUMBAI: Private sector banks will be the biggest gainers of the government’s …
Nation-wide strike impacts banking services at Public Sector Undertaking banks
Services of public sector banks were impacted on Saturday as a nation-wide strike by employee unions entered its second day. …
RBI tells banks to cap stake in insurance companies at 30%
MUMBAI : The Reserve Bank of India has asked lenders to cut their stakes in insurers to 30%, as the banking …
RBI proposes Rs 200 crore minimum capital for small banks under ‘on tap’ licence regime
MUMBAI: The Reserve Bank of India (RBI) on Friday proposed a minimum equity capital of Rs 200 crore to set up a small …
Budget 2019: State banks in a fix over proposed hike in minimum public holding
The budget proposal to raise the minimum public shareholding limit to 35% from 25% may be a stiff challenge for state-run …