‘Monetary policy has to remain extra alert and ready to act’, Shaktikanta Das
Recurring incidences of large and overlapping supply side shocks bring with them the risks of generalisation of inflation impulses, possible
Continue reading
Category: Banking & Financial Services
Asset/liabilities growth of banking system in last 9 years 1.3 times higher than growth in last 63-years: SBI report
| Photo Credit: rvimages The total asset/liabilities growth of the banking system in the last nine years (FY14-FY23) was 1.3
Continue reading
Muthoot FinCorp One app to offer gold loan in 30 minutes
Muthoot Fincorp Ltd has launched Muthoot FinCorp ONE where customers can get gold loans either at their doorstep or at
Continue reading
Royal Sundaram kicks off initiative to improve insurance penetration in Telangana
Royal Sundaram General Insurance flagged off a State-level initiative to increase the penetration of insurance in Telangana. The Insurance Regulatory
Continue reading
Credit growth of small HFCs lower than the big ones, post-Covid period: RBI Bulletin
There is significant statistical evidence that in the post-Covid period credit disbursements by smaller housing finance companies (HFCs) declined vis-á-vis big HFCs,
Continue reading
Term deposit rates have reached their peak in last 5 years: RBI bulletin
Term deposit rates have surged to their highest levels in the past five years as banks rush to meet strong
Continue reading
Banking sector appears well prepared in the current phase of hardening of yields: RBI Bulletin
The banking sector appears to be well prepared in the current phase of hardening of yields as the timely creation
Continue reading
Federal Bank backs Mookkannoor to become India’s cleanest pin-code on Founders’ day
The Federal Bank inaugurated the ‘Mookkannoor Mission’, an initiative under the Swachh Bharat Abhiyan, on the 106th birth anniversary of
Continue reading
Development Finance Corp approves up to $425-million financing in TP Solar project
The US International Development Finance Corporation’s (DFC) board has approved up to $425 million in financing in TP Solar for its upcoming greenfield
Continue reading
UST, mistEO to develop climate risk management models for US insurance, banking clients
Digital transformation solutions company UST and climate fintech company mistEO have announced a partnership with a view to addressing pressing
Continue reading