Impact of risk weights to be higher on private banks, least on SFBs
The impact of higher risk weights will be seen the most in private banks due to their higher exposure to
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Category: Banking & Financial Services
Muthoottu Mini to hire over 2000 people, reach 1000 branches by FY24-end
Muthoottu Mini Financiers, also known as Yellow Muthoottu, has announced a nationwide recruitment drive to hire over 2,000 senior-level professionals such
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RBI’s central board reviews economic and financial scenario
The Reserve Bank of India’s central board on Monday reviewed the economic and financial scenario, both domestic and global, including
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Max Life Insurance appoints Rajiv Anand as Chairman, Analjit Singh resigns
Max Life Insurance, a material subsidiary of Max Financial Services, has a new Chairman, Rajiv Anand. This follows the stepping
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Kotak Mahindra Investments to double real estate loan book in three years
Kotak Mahindra Investments (KMIL) is aiming to double its real estate loan book in the next three years, after having
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Ananya Birla’s Svatantra Microfin to rope in a PE investor soon
Months after closing in on the most significant acquisition in the microfinance space, highly placed sources say Ananya Birla-promoted Svatantra
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Public Sector Banks may see further consolidation
Will the number of public sector banks further come down to 10 from 12 next year? This could be within
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Vehicle loan securitisation is to reach about ₹70,000 cr in FY24
Vehicle loan securitisation is expected to cross the pre-pandemic peak levels to reach about ₹70,000 crore in FY24, according to a report
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IppoPay and Visa forge alliance to introduce tailored credit cards for small businesses
IppoPay, a provider of payment infrastructure for small businesses, has announced its collaboration with Visa, a global digital payments company.
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Aditya Birla Health Insurance expects agency channel to grow faster than bancassurance
Aditya Birla Health Insurance expects its agency channel to register faster growth than bancassurance going ahead, as the standalone health
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