FPI selling in domestic markets triggers ripple effect on bank deposits
Foreign portfolio investor (FPI) selling in the Indian equity and debt market seems to have had a ripple effect on
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Category: Banking & Financial Services
Bank of Baroda raises ₹3,500 cr via Tier II capital bonds at 7.41%
Bank of Baroda (BoB) on Thursday said it raised ₹3,500 crore through the issuance of Basel III Compliant Tier II
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MFIN further tightens underwriting norms as sector stress rises
The Microfinance Industry Network (MFIN), a Reserve Bank of India (RBI) recognised self-regulatory organisation (SRO), has further tightened loan underwriting
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SBI Funds Management: Appoints Nand Kishore as MD & CEO
SBI Funds Management has appointed Nand Kishore as Managing Director & Chief Executive Officer. Kishore was Deputy Managing Director (Global
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Axis Bank IBU takes up 3 times bigger office space in GIFT City
Increasing business has prompted Axis Bank to take up a larger space in GIFT City in Gujarat for housing its
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LIC appeals GST demand of ₹104.90 crore for FY20
Life Insurance Corporation of India (LIC) said it has filed an appeal before the GST Appellate Authority, Tamil Nadu, against
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Indiagold to apply for NBFC license in FY25, co-founder says
Indiagold, a gold loan originating business correspondent (BC) company, is looking to apply for a non-banking finance company (NBFC) license
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India needs to take a quantum leap in scale and size of its financial institutions, says RBI Dy Guv Rao
India’s goal of becoming a developed economy by 2047 will require it to take a quantum leap in the scale
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RBI working towards creating data analytics ecosystem to support its supervisory functions, says Deputy Governor Swaminathan
The Reserve Bank of India is working towards creating a robust data analytics ecosystem to support its supervisory functions, ensuring
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Deposit push: HDFC Bank launches ‘Pragati’ savings account for hinterlands
Private sector major HDFC Bank today announced the launch of its ‘Pragati’ savings account, targetting semi-urban and rural (SURU) people
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