Term deposit interest trends: More depositors opting for 6 to 8% rates
The share of term deposits bearing less than 6 per cent interest rate came down. In comparison, the percentage of
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Category: Banking & Financial Services
Central Bank of India raises ₹1,500 cr via 10-year bonds at 8.80%
Central Bank of India raised ₹1,500 crore via Basel III-Compliant Tier II Bonds on private placement basis at a coupon
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MFs’ investment in NBFC CPs crosses ₹1 lakh crore for the first time since August 2019
Mutual funds’ investment in commercial papers (CPs) issued by non-bank financial companies (NBFCs) crossed the ₹1 lakh crore mark for
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Mastercard launches ALT ID solution for enhanced online payment security
Mastercard, a global technology company in the payments industry, has launched an ALT ID solution for guest checkout transactions. ALT
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Agrim, Vastu Housing Finance in co-lending tie-up
Agrim Housing Finance (AHF) and Vastu Housing Finance Corporation (VHFC) have entered into a co-lending partnership for affordable housing projects. The co-lending
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PFRDA Intranet: Last date for submitting bids for system integrator extended to Sept 18
Pension regulator PFRDA has extended the last date for submitting bids for selection of a System Integrator (SI) for design,
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Indian Bank gets nod to raise upto to ₹4,000 cr via QIP
PSU lender Indian Bank on Tuesday said it has received approval to raise capital up to ₹4,000 crore. The committee
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Enhance rural branch network in MSME-identified cluster areas, advises FM Sitharaman to banks
Finance Minister Nirmala Sitharaman has asked banks to map Regional Rural Banks (RRBs) with the MSME clusters and put greater
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RBI Guv cautions urban co-operative banks against use of innovative accounting practices
Reserve Bank of India (RBI) Governor Shaktikanta Das on Wednesday cautioned urban co-operative banks (UCBs) against use of innovative accounting
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Credit cards-in-force, spends touch record high in July after dipping in June
After a temporary decline in June, credit card spends scaled new highs in July, growing 5.5 per cent and breaching
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