An NBFC or non-banking financial company is an organization that provides financial services but does not take deposits from the public or provide other kinds of loans, such as mortgage loans like...
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, with Yes Bank and Kotak Mahindra Bank being...
Public sector banks would not be privatised, said Union Minister of State for Finance Bhagwat Karad while addressing media persons here today. In order to provide better services, he said that several...
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 center, most of whom are from the state...
The Deposit Insurance and Credit Guarantee Corporation (DICGC) will be making payments to the eligible depositors of 17 cooperative banks, including eight from Maharashtra, in October.
The Reserve Bank of India (RBI) had...
MCLR or marginal cost of lending rate is a benchmark interest rate, which is the minimum rate of interest banks are allowed to give out loans to its customers. It was introduced...
The Reserve Bank of India (RBI) on Wednesday said the first set of norms to regulate digital lending and to orderly growth of credit through digital lending and to crack down on...
Highlights of RBI Monetary Policy:
Governor Shaktikanta Das-led Monetary Policy Committee (MPC) on Friday raised the repo rate by 50 basis points (bps) to 5.40 percent in a bid to tame...
