Axis Bank eyes profitability in priority sector lending, ties up with Paynearby
In order to make priority sector lending a profitable business, Axis Bank, India's third largest private sector lender, plans to grow its PSL book...
All Digital Loans Have to Comply with New Norms by Nov 30 said RBI
As per RBI's announcement on Friday, regulated entities involved in credit delivery through digital lending have until November 30 to comply with the new...
RBI in talks with 4 banks, fintechs for digital currency launch this financial year
The Reserve Bank of India (RBI) is in consultation with a number of fintech companies and is reported to have asked four public sector...
Tamilnad Mercantile Bank IPO opens on Monday, Other details and check latest GMP
The three-day initial public offering (IPO) of Tamilnad Mercantile Bank will open for public subscription next week on Monday, September 5, 2022 and conclude...
MTNL FAILS To PAY RS 35.15 CRORE INTEREST TO UNION BANK OF INDIA
Loss-making state-owned telecom firm MTNL has defaulted on an interest payment of Rs 35.15 crore to Union Bank of India, which was due to...
RBI penalises 8 co-operative banks for non-compliance with various norms
The Reserve Bank of India has imposed a penalty on Mehsana Urban Co-operative Bank for non-compliance with certain provisions of the Reserve Bank of...
The Good & Bad Side of Bank Privatisation in India
After the concept of Bank Nationalisation was conceptualized by Indira Gandhi in 1969, bank privatisation took place under PV Narasimha Rao's government in 1991,...
Banks will not be privatised – Minister
Public sector banks would not be privatised, said Union Minister of State for Finance Bhagwat Karad while addressing media persons here today. In order...
Odisha CM opens ICICI Bank’s state-of-the-art phone banking centre
Naveen Patnaik, the chief minister of Odisha, inaugurated the ICICI bank's state-of-the-art phone banking center on Tuesday.
Approximately 1,200 individuals will be employed by the...
Planning for a Small Wedding ceremony on a Budget
A small wedding can easily feel like a romantic dream, it will be a smart way to save money. With...