Category: Banking & Financial Services

Transfer of stressed assets to ARCs: Lenders to widely disseminate information and give access to checklist

To improve transparency and uniformity of processes in the sale of stressed assets to asset reconstruction companies (ARCs), banks/ financial

Canara Bank launched the UPI Interoperable Digital Rupee mobile application as a part of the Reserve Bank of India’s Central

The Central Vigilance Commission (CVC) has reconstituted the advisory board on Banking and Financial Frauds (ABBFF) that conducts the first

Bajaj Finance Limited, a deposit-taking NBFC and part of Bajaj Finserv, has achieved a milestone with its fixed deposits book

Banks can fund stalled real estate projects after taking permission from the Reserve Bank of India, a senior Finance Ministry

With the September 30 deadline of getting the signature of least 50 per cent of their locker holders on a

With non-banking finance company licenses issued to fintech majors such as Cred and Jupiter, multiple fintechs have pursued the banking

SBI Funds Management has completed the sale of assets in the six suspended debt scheme of Franklin Templeton Mutual Fund

In the next five years, the credit requirement for digitised small and medium enterprises (SMEs) is projected to exceed $570

The monetary policy committee (MPC) members emphasised the need to be vigilant about the evolving retail inflation trajectory in the backdrop