Category: Banking & Financial Services

NBFC-IDFs do not need sponsors, says RBI

To enable infrastructure debt funds (IDFs) to play a greater role in financing the infrastructure sector and to harmonise regulations applicable

Aided by a sharp increase in net investment income, insurance behemoth Life Insurance Corporation of India (LIC) on Thursday reported

SBI Card, the country’s largest pure-play credit card issuer, and the National Payments Corporation of India (NPCI) have announced the

The Reserve Bank on August 10 said it will come out with a framework allowing borrowers to switch to fixed

Punjab & Sind Bank (PSB), a public sector bank, will raise capital in the third quarter of this fiscal to

The six-member monetary policy committee (MPC) of RBI is likely to continue with status quo on the policy repo rate

Introduction of the Digital Personal Data Protection Bill, 2023, is seen forcing fintech companies to invest and build better customer data

Axis Bank is looking to buy 6 per cent more stake in JV Max Life Insurance for ₹1,612 crore by

Muthoot Capital Services Ltd has posted a net profit of ₹18.03 crore for Q1 of FY24, a growth of 26

India has allowed banks in 22 partner countries, including Russia and the UK, to open “vostro” accounts in the country,