Category: Banking & Financial Services

I-CRR effect: Banks, NBFCs rush to raise short-term funds

MUMBAI – Liquidity tightening in the banking system following the introduction of the incremental CRR (I-CRR) has prompted banks and

CAMSfinserv, one of the first RBI licensed Account Aggregators (AA) in India, has onboarded all 17 Asset Management Companies serviced

SME book is running faster than the disbursements because previously we had institutional lending. If you recall, we had said

Unimoni Financial Services, a leading NBFC, has officially entered into a strategic partnership with CSC e-Governance Services India Ltd, one

Fincare Small Finance Bank (FSFB) reported a net profit of Rs 97.13 crore in the first quarter (Q1) of FY24,

The International Cricket Council (ICC) on Wednesday announced a brand tie-up with Mastercard for the upcoming Men’s Cricket World Cup 2023

Banks saw robust credit and deposit growth in the fortnight ended August 11, according to RBI data. Deposit growth, however,

The positive credit growth outlook is driven by economic expansion, increased capital expenditure, implementation of PLI scheme and a push for

The CBI has booked the promoter-directors of Mumbai-based Varun Industries Ltd (VIL) for allegedly cheating a consortium of banks to

The Reserve Bank of India may conduct variable rate repo (VRR) auction(s) as liquidity has moved into deficit mode in the